Few people outside the artificial intelligence sector of tech likely anticipated how the emergence of ChatGPT late in 2022 would overwhelm developments in tech in 2023. Meanwhile, what didn’t happen this year was mainly related to the economy and the markets—few deals or initial public offerings got done, while an array of struggling companies filed for bankruptcy. (We graded our 2023 predictions here).
Next year promises to be a little different. Interest rates may have peaked, and there are even signs the Federal Reserve will cut rates, giving some relief to financially strained firms. The IPO drought should break, providing new liquidity for a bunch of maturing firms. But we’ve got a series of predictions about more specific developments. Many of these relate to the ripple effects of what has happened in the past year or two.
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