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Gartner has identified the top 10 strategic technology trends for 2024, with generative AI (GenAI) taking center stage. GenAI is becoming democratized by the confluence of pre-trained models, cloud computing, and open source, making it accessible to workers worldwide. AI Trust, Risk and Security Management (TRiSM) is needed to provide guardrails and tooling for ModelOps, proactive data protection, AI-specific security, and model monitoring. AI-augmented development is also being used to aid software engineers in designing, coding, and testing applications, improving developer productivity and enabling development teams to address the increasing demand for software.