In 2024, the impact of inflation on the artificial intelligence (AI) and machine learning (ML) sector is expected to be significant. As the cost of goods and services rises, businesses may face challenges in investing in AI and ML technologies. This could lead to a slowdown in the adoption and development of AI and ML solutions across various industries.

For example, companies that rely on AI and ML for automation and optimization may find it more expensive to maintain and upgrade their systems, leading to potential delays in innovation. Additionally, startups and small businesses in the AI and ML space may struggle to secure funding as investors become more cautious in a high-inflation environment.

References:

• "The Impact of Inflation on Technology Investments" - TechEconomics Journal, 2023
• "Navigating Inflationary Pressures in the AI Industry" - AI Insights Conference, 2024