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17 December 2024

Trends Shaping 2025 Across Industries

From physician shortages to AI innovations, 2025 is set to transform various sectors

Understanding trends can be complex, but as we step closer to 2025, it’s clear there are significant patterns across various industries—from healthcare to technology. Industry leaders and experts are keeping their eyes peeled for what lies ahead, as they glean insights from the past year and make predictions for the coming months. Whether it's the growing challenges of physician recruitment, the evolution of Artificial Intelligence (AI) technologies, or shifts in consumer preferences within the beauty sector, 2025 is gearing up to be transformative.

One of the pressing narratives as we head toward 2025 is the continuing physician shortage affecting healthcare across the United States. Carey Goryl, CEO of the Association for Advancing Physician and Provider Recruitment (AAPPR), highlights the alarming reality: it currently takes approximately 125 days to fill primary care physician positions and even longer for specialists at around 135 days. The gap is widening, especially for recruitment efforts aimed at rural areas—an issue exacerbated by the aftermath of the COVID-19 pandemic, according to Goryl.

Alongside the increasing demand for primary care physicians and specialists, there’s also been a notable shift toward advanced practitioners stepping up as veteran doctors retire. Liz Mahan, director of Professional Development and Solutions at AAPPR, states family medicine leads the pack of specialty demands, accounting for 10% of physician searches conducted last year. This trend signals not only the urgency of filling these positions but also the need for innovative strategies to recruit and retain talent.

Despite the dire circumstances, there’s a glimmer of hope reported by AAPPR’s latest benchmarking report: after years of decline, the proportion of physician searches successfully filled has risen, and the acceptance rates for job offers are promising. The report indicates, on average, 83% of physician offers were accepted in 2023. This hopeful statistic can be attributed to several factors, including stronger employer branding and improved efforts to match candidates with workplace cultures.

But recruitment strategies can’t just stop at filling vacancies. Goryl emphasizes the importance of forward planning. Organizations need to anticipate retirements, potentially investing resources to create pipelines of candidates ready to step in—especially as many physicians approach retirement age. She suggests fostering retention planning and leveraging internal recruitment teams to streamline processes and facilitate timely hiring.

And as the healthcare industry eyes brighter days, the tech world isn’t sleeping either. It's buzzing with the potential of artificial intelligence, particularly generative AI. Speaking to the larger trend, Tomasz Tunguz articulated some powerful predictions for just how far AI technology will develop by the end of 2025. Although enthusiasm surged around generative AI predictions for 2024, many of the anticipated milestones, like operationalizing full-scale general AI, nevertheless require more time and refinement. Tunguz frames the current AI reality across three major categories: prediction, search, and reasoning.

AI copilots have emerged successfully, assisting workers with tasks like correcting errors or generating preliminary drafts, but the complex reasoning capabilities needed for more nuanced tasks are still lagging. Tunguz notes, "if there's some meaningful difference...it will get lost," emphasizing the challenges of adapting AI models when encountering new task dynamics.

So what’s next? According to leaders within the field, 2025 will prioritize effective processes over flashy tools. AI’s ability to reduce costs, not necessarily create revenue, will play pivotal roles as organizations grapple with how to use these technologies for tangible benefits. The idea of ‘small data’ as the future of AI also surfaces as companies trend toward utilizing proprietary, smaller models rather than costly and comprehensive alternatives. This not only curbs operational expenses but enhances performance as smaller models hone their focus.

Increasingly, the industry will see convergence between analysts and data engineers as organizations demand more output from fewer resources. New AI-driven automation promises to alleviate bottlenecks and empower experts to derive more insight from their data pipelines—an encouraging development as data needs expand.

Yet, challenges remain. Managing unstructured data becomes ever more important, as only about half of such data is currently being analyzed across enterprises. The emergence of what experts call the unstructured data stack could redefine how businesses leverage AI for uncharted beneficial applications.

The theme of quality resonates deeply. Data professionals are advocating for quality assurance to match the expansion of data pipelines—because the current outputs are often dissatisfying. Findings presented by Monte Carlo reveal discontent among data professionals about output quality. Simply put, more pipelines lead to more complexity and opportunities for errors. Monitoring and managing these pipelines becomes not just protective but also imperative for overall business success.

The doctor is not the only sector under the microscope—there’s also the beauty and wellness industry. Boots, as reported by Megan Robinson, has highlighted the most sought-after trends this year. Surveys reveal superfoods, Korean skincare products, and specific supplements taking center stage among consumer favorites. These trends not only reflect heightened awareness around health but also adapt to shifting consumer sentiments and demands, marking distinct shifts toward holistic well-being.

Meanwhile, the IPO market is another focal point of expectation as anticipations build around 2024’s returning activity and what to expect as we enter the new year—anxiously awaited by investors and analysts alike. The legal news site Law360 is keeping its finger on the pulse as companies navigate the fast-moving trends and issues impacting their operational landscapes.

These trends intertwine to form the fabric of 2025. Organizations across industries are strategizing their paths forward, addressing challenges posed by workforce shortages, technological advancements, and shifting consumer preferences head-on. It’s undeniable: as we edge toward the new year, all eyes are on how these burgeoning trends will shape our world, individually and collectively.

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