The World in 2024: AI and Experts' Forecast

According to experts, in 2024, although the world tends to recover economically, it will continue to face existing challenges. Artificial intelligence (AI) agrees with many of those forecasts.
February 13, 2024 | 06:05
The World in 2024: AI and Experts' Forecast
Ukrainian refugees received into shelters at the border checkpoint in Medyka, Poland. (Photo: REUTERS)

What does AI say about the world situation?

The world economy faces challenges

According to Chat GPT 3.5, in 2024 the world economy will face difficulties from global economic conditions, geopolitical factors, economic policy changes, unforeseen events, trade disputes, and protectionism. Developments in areas such as 5G, artificial intelligence, and other emerging technologies can affect technology trends, global competitiveness, and resource scarcity.

The US-China trade relationship is one of the significant factors affecting the global economy. Political events, changes in trade policies, resource demands, supply chain disruptions, and changes in production locations in 2024 in these two countries could affect many industries worldwide.

GPT is a family of AI models built by OpenAI. It stands for Generative Pre-trained Transformer. The GPT models are designed to generate human-like text in response to a prompt. The latest GPT model, GPT-4,is trained on about 1.76 trillion parameters.

Conflict continues to affect people's lives

Chat GPT 3.5 does not provide forecasts about developments on the battlefield but focuses on the impact of war on people's lives.

Accordingly, a humanitarian crisis can occur when a large number of people seek to evacuate from the war zone. Besides economic and material difficulties, people are at risk of long-term mental effects. Political instability in war zones is at risk, with the possibility of spreading to neighboring areas, facilitating extremist and terrorist groups. Geopolitical tensions hinder multilateral cooperation, making solving global problems such as the environment, and climate change more difficult, contributing to creating long-term divisions in the international community.

The World in 2024: AI and Experts' Forecast
Workers repair the damaged road after an earthquake in Wajima, Ishikawa Prefecture, Japan. (Photo: REUTERS)

Natural disasters and complicated weather developments

Due to climate change, in 2024, the world will continue to face serious natural disasters and extreme weather problems. Countries in the Pacific Rim such as Japan, Philippines, and Indonesia; Himalayan regions such as India, Pakistan, and Nepal; East Africa such as Ethiopia, and Kenya, and parts of the Americas are at risk of serious earthquakes in 2024. Southeast Asian countries such as Vietnam and the Philippines may suffer from storms and floods.

Healthy lifestyle gains popularity

According to AI, the trends of healthy lifestyle and self-care, which have emerged since the COVID-19 pandemic, will continue to grow in 2024. People are becoming more aware of environmental and food issues, leading to their priority in practicing sustainable living, consuming responsibly, and choosing environmentally friendly products. People prioritize health, especially mental health. Exercising at home, practicing mindfulness, choosing healthy foods, and a balanced lifestyle between study - work - rest - travel will become new trends.

Scientific and technological development will promote social connection. There will be more inventions to help people meet, chat, and make friends across borders, regardless of geographical distance.

The World in 2024: AI and Experts' Forecast
People in London, UK line up to buy vegetables and fruits. (Photo: Bloomberg)

Forecasts of experts

The economy tends to recover amid many difficulties

According to the International Monetary Fund (IMF), global economic growth in 2024 is forecast to reach 2.9% - lower than the average from 2000-2019 (3.8%). Also according to the IMF, developed economies are expected to reduce their growth rate to 1.4% in 2024 due to the impact of tightening economic policies. Emerging markets and developing economies are forecast to maintain stable growth, reaching an average of 4.0%, equivalent to 2023.

Warfare will continue

According to Su Hao, Director of the Center for Strategic and Peace Studies at China Foreign Affairs University, in 2024 it is unlikely to achieve a breakthrough in the Russia-Ukraine conflict on the battlefield, but there may be an overall weakening trend.

Former Director General of the British Royal United Services Institute (RUSI), Michael Clarke suggested three scenarios for the Russia-Ukraine conflict in 2024. In all three, there is no sign that the conflict will cool down in 2024. “Both Russia and Ukraine can fight in a tug-of-war fashion until either side tries to come up with a strategic initiative with the hope of changing the outcome of the war,” he commented.

The World in 2024: AI and Experts' Forecast
Google's office in Dublin, Ireland creates green space and encourages employees to actively communicate with colleagues and get enough rest after work. (Photo: NEXT Conference)

Extreme weather will remain

Chinese media company Sohu predicts that disasters such as heatwaves, droughts, forest fires, heavy rains, and floods will occur more often, affecting farming, possibly causing crop failures, and worsening the global food crisis. High temperatures may become a “new normal”. Global temperatures could increase by 1.5 Celcius degrees compared to pre-industrial revolution levels, causing ice caps to melt, sea levels to rise, loss of biodiversity, and risk of infectious diseases to increase.

According to Everstream Analytics (USA), natural disasters such as storms, snowstorms, earthquakes, forest fires, and floods will be the leading cause of supply chain disruption in 2024.

People pay more attention to quality of life and mental health

According to the New York Post, the trend of healthy and moderate living will continue to grow. Instead of following short-term trends, many people will look for "inner values" such as health, experience, and positive thinking. Nicholette Leanza, a psychologist in Ohio (USA) said: "The younger generation is promoting a lifestyle that balances health and work, such as applying technology to increase work efficiency to have more rest time; discuss more openly about psychological difficulties during work; participate in courses to take care of their mental health; travel to nature." While they used to promote dieting and losing weight "to look better," social media are now supporting exercise and healthy eating “to feel healthier”.

According to Lyra Health, businesses will pay more attention to the mental health of their employees. As more young people join the management team, more businesses will build open, green workspaces; limit overburdening pressure on employees; reduce time at the office, encourage working online; encourage friendly, positive communication among colleagues; and provide psychological counseling benefits for employees. Groups such as LGBTQ+, people of color, and ethnic minorities will receive more attention to help them easily integrate at the workplace.

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