In this discussion, you will start thinking about how AI might transform business models in your sectors. Some questions to consider to get you going:
1. How will AI impact customer relationships in your industry? The value propositions? Value capture? Are there any secondary impacts – that is, changes that AI will bring in other sectors that will spill over into your sector?
2. AI is being enthusiastically embraced by technology gurus globally, and is the latest in a long line of “cool” technologies including the sharing economy, social networks, tablet computing, Virtual Reality, e-coupons, 3D TV, netbooks, Segway scooters, QR Codes, e-book readers, etc.. Five years from now, will AI remain a core technology or will it be the next “smell-o-vision” (actually a thing, several decades ago)? What are the factors supporting the thesis that AI is merely a fad? What are the factors that would suggest that AI is here to stay?
Note that in this course we are focused on AI as an enabling technology. Past examples of enabling technologies that can also be big business opportunities unto themselves are electrification, the Internet and Web, and the smartphone.
– Please focus on AI, not machine learning. The distinction is that machine learning develops algorithms to effectively perform specific tasks (e.g., voice recognition). AI has to handle more general, humanlike tasks (e.g., a virtual assistant like Alexa or Siri).
– Think about different industries’ impact thanks to this technology. How it could change people’s life.
Requirements –
A creative and well-thought out post
