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Innovation - Technology - Mon Feb 3 2025

Critical Takeaways from 2024 to Apply in 2025

The tech industry has been growing consistently over the past decades and now with the development of new technologies, the growth is not only faster but is becoming more and more available to everyone. 

With this in mind, it’s important to look back into what impacted 2024 and how it's still relevant today.

The Impact of Generative AI

In 2024, generative AI rose up with a boom as a transformative force across various industries. Tools like ChatGPT,  Google’s Gemini, and recently DeepSeek’s arrival, showcased AI’s potential to unlock a whole new way to interact with technology and transform the way we live our lives.

By 2025, generative AI is projected to constitute approximately 30% of the entire AI market, valued at around $60 billion.  

Sustained Growth of E-commerce

The pandemic induced a huge surge in e-commerce that has persisted all the way from 2020 to today. With global sales reaching $6.3 trillion, everyone can see this upward trajectory to only continue, with projections estimating sales of $8.1 trillion by 2026.  

Emphasis on Skills Over Degrees

An eye-opening shift happened in 2024 when employers started prioritizing skills and practical experience over formal education credentials. 

This trend does a great job of incentivizing candidates to continue gaining experience and not lose motivation for lacking a title. It also encourages candidates to keep learning and widening their skills. 

Adaptability Amid Economic Uncertainty

Several economic challenges shaped the 2024 landscape. Things like rising costs and geopolitical tensions created uncertainty in the industry. Manufacturers, in particular, faced concerns due to potential policy changes and global events.  

From this, we can deduce that building resilient supply chains and diversifying markets can mitigate many potential risks.


2024 was a year full of changes and challenges that continue to shape the industry. Embracing technological advancements, adapting to market shifts, and sticking to a culture of continuous improvement will act as a

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WRITTEN BY
Victoria Aguilar

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