05 Tech Trend

Enterprises will embrace the power and potential of AI in their own context through API abstraction

Natural language interfaces (NLIs) powered by GenAI will be expected for new products and more than half will have this by default by the end of 2024. GenAI will also be leveraged in B2B interactions with users demanding more contextualized, personalized, and integrated solutions. GenAI will offer APIs, interfaces, and services to access, analyze, and visualize data and insights, becoming pervasive across areas such as project management, software quality and testing, compliance assessments, and recruitment efforts. As a result, observability for AI will grow.

We will also see the rise of specialized, domain-specific AI models and a shift to smaller, specialized LLMs with higher levels of accuracy, relevancy, precision and niche domain understanding. For instance, LLaMA-7B models – often used for code completion and few-shotting – will see increasing adoption. Moreover, multi-modality combination of various data types such as images, text, speech, and numerical with intelligence processing algorithms will expand B2B use cases. This will result in better results in areas such as business planning, medicine, and financial services.

Read more from Shannon on how the API advantage will fuel AI-powered growth.

APIs are the key to unlocking the power of AI for businesses. They enable seamless integration of AI tools and services across different domains and processes, without requiring complex coding. With APIs, in the year ahead businesses will find new ways to leverage AI to automate, analyze, and optimize their operations and outcomes.

AI is not a one-size-fits-all solution. Businesses need to tailor AI to their specific needs and goals. APIs are emerging as a way to make this possible, allowing businesses to customize and combine AI solutions from various sources and providers. In the future, we’ll see an AI ecosystem that can adapt and evolve with changing business demands.

Shannon McFarland, Vice President of Developer Relations