Generation Z in Singapore exhibits remarkable awareness and optimism towards generative artificial intelligence, with 84% of respondents familiar with the technology and 80% optimistic about its potential in the banking industry. Over 60% of Gen Z consumers show strong interest in the diversity of AI applications in banking services, particularly in fraud detection and answering inquiries about banking products. Nearly 70% of consumers hope to use AI for retirement planning, bill payment updates, and expense tracking analysis. Gen Z's interest in AI personal shopping assistants is especially notable, with 43% having already experienced AI in online shopping.

In 2024, the personal computer market is expected to grow by 8% as consumers are eager to upgrade their pandemic-era computers, seeking devices with artificial intelligence capabilities. The surge in generative AI is driving PC sales, as consumers strive for smarter devices that enhance productivity and leisure experiences. Microsoft will end support for Windows 10 on October 14, 2025, potentially spurring a wave of upgrades across hundreds of millions of devices and propelling sales of the next generation of personal computers. 2024 is anticipated to see a rebound, with companies like HP introducing AI-enabled PCs to support market growth.

A survey shows that consumers hold an optimistic view about AI improving healthcare. 53% of consumers believe AI can enhance the accessibility of healthcare, 46% think AI can reduce healthcare costs, and 83% believe it is very important for healthcare providers to disclose information when using generative AI.

📱 Hardware Innovation: Quest 3 introduces color passthrough functionality with a new Pancake lens design. 💬 Large Model Application: Meta launches the generative AI assistant Meta AI open to consumers. 👓 Product Iteration: Collaboration with Ray-Ban to launch the second generation of smart glasses Ray-Ban Meta.

A new Omdia survey reveals that despite the ongoing hype around Generative Artificial Intelligence (GAI), consumer acceptance of GAI applications remains low in key markets. The survey shows that currently only 10% of consumers in the US, UK, and China regularly use GAI applications. However, 17% of respondents plan to adopt GAI in the near term, which offers encouragement to vendors. Consumer concerns about GAI mainly focus on its potential negative impacts, such as disruption of job functions, fraud, and the spread of misinformation.