What are the key AI trends that are shaping the future of application development and creating new opportunities for businesses?

Andrew Ng identifies four crucial AI trends transforming the landscape. First, agentic workflows are becoming central, requiring faster token generation through semiconductor and software innovations to handle the massive text and image processing demands. Second, large language models are evolving beyond answering human questions to supporting tool use and computer interaction, significantly expanding their capabilities in iterative workflows. Third, data engineering is gaining critical importance as businesses shift from structured to unstructured data processing, requiring sophisticated management of text, images, video, and audio content. Finally, while text processing has already revolutionized industries, the image processing revolution is emerging, promising to unlock tremendous value from visual data that was previously inaccessible to most businesses.