Emerging Technologies Module 7 Discussion Reflection - Syedibrahim
Emerging Technologies Module 7 Discussion Reflection - Syedibrahim
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I was able to learn a lot about the way the tech industry continues to evolve. Businesses
are getting transformed by using technologies like Artificial Intelligence (AI), Internet of Things
(IoT), and Blockchain that have the ability to increase efficiency, make data analysis agile and
broach across industries. The integration of these technologies into business models should
provide for substantial growth, and competitive advantage. IoT can contribute to real time
improvement of supply chain visibility and the overall operations, AI can be used to improve
decision making with data driven insights (Ali et al., 2023). In addition to enhancing operational
efficiency, these tools also make new business opportunities available for healthcare, finance and
manufacturing sectors.
While this course did demonstrate the crux of capabilities these technologies provide for
organizations, it also pointed out some of the issues developed with respect to cybersecurity, data
privacy, and ethical obligations. In the age of advanced technologies, the risk of cyber threats
grows as more businesses adopt new technology therefore creating robust security frameworks
becomes increasingly important to companies. Plus there has been continued worry about the
potential impact to job markets and privacy if AI & automation spread. Entrepreneurs must be on
guard to sustain ethical and veracious businesses, these demands make them react promptly in
meeting the needs and challenges facing them (Praful Bharadiya, 2023).
These challenges are however something that allowed the course to make me think that I
could one day open my own business either of the sectors that have emerging technologies which
could generate innovative solutions. Right planning can give a substantial competitive edge by
using cutting edge technologies. I learned in this course that despite changing tech landscape at
such break up pace, those who remain informed and flexible can still make it in creating a
Ali, O., Osmanaj, V., Kwiatek, P., Alryalat, M., Chimhundu, R., & Dwivedi, Y. K. (2023). The
Praful Bharadiya, J. (2023). AI-Driven Security: How Machine Learning Will Shape the Future
This post is correct. I have no qualms whatsoever about your position that AI and IoT are
becoming very viable technologies for business innovation. While they certainly can result in
operational efficiency and can be a competitive advantage to business, these technologies are not
some magical solution that’s going to fix everything. But, of course, as you said, these risks of
cybersecurity and data privacy must be tackled in the early stages. Recent studies illuminate how
as these technologies are adopted by businesses, long term success will depend upon robust
security measures.
Hi,
This post is outstanding. One thing you’ve said that is so important, is your observation
about the ethical challenge presented to us by emerging technologies. Technologies like AI and
Blockchain can provide a lot of positive, but with increasing ethical problems involving privacy
and displaced jobs. As you said, in order to mitigate these risks as the entrepreneur you need to
stay informed and build responsible strategies. Definitely, the key for a sustainable business will