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Amar Goel
Amar Goel

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Tech predictions for 2023

Now that we're getting into 2023, it's time to pull out my crystal ball, and tell you what's going to happen in 2023. Ha ha.

Here are my tech predictions for 2023:

1. AI will continue to explode, and you will start to see it in a lot more places finally. AI is truly getting democratized. Google’s TensorFlow and OpenAI are making it as easy as using an API. Most CEOs are waking up to ChatGPT and finally asking “Uhh, what are we doing about AI?” Prediction: 75% of consumer apps and business apps will utilize AI in some way.

  • A little sub-prediction: GPT4 will launch in the second half of 2023, some estimates have it at 100 trillion parameters (compared to 175B for GPT3), but who knows.

2. We will go through a real recession, and the pain for companies and employees globally will be significant. A lot of layoffs are coming in q1 2022 (many companies didn’t want to layoff people right before the holidays). Witness Amazon increasing the size of it’s layoffs and Salesforce laying off 10k workers.

3. Semiconductors are becoming the new digital gold. The market may anticipate a significant decrease in semiconductor equipment spending, however, I expect that the competition for technological leadership, tech autonomy, geopolitical concerns, and lack of supply in various arenas will result in real semi turbulence.

4. AR/VR will hit a real critical mass. The user base will grow to at least 50M people from 10M currently. It could go to 200M the year after as Apple enters the market with it’s headset, though Oculus remains the leader.

Okay, let's check back in a year and see how I did.
What do you think? Which of these do you agree with? Which ones are dead wrong?

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