2024 In Retrospect
Gestalt IT, Monday, December 30th, 2024
After a rough couple of years, 2024 felt like the beginning of better days. In many ways, it was return to normal life. COVID is finally behind us. Tech layoffs are tapering off slowly but surely. And the economy seems to be in an ever so slightly better health.
But the effects of a period of economic upheaval still linger on. Although inflation cooled off in the final year of Biden's administration, and a series of Fed rate cuts brought a glimmer of hope, people are still sore from annual price increases, and geopolitical escalations are significant. And now with a new administration on the way to take over, once again, the future is uncertain.
With some happy surprises and wild setbacks, 2024 was quite a year in tech. Here's a roundup of the some of the highlights.