Discuss the role of artificial intelligence (AI), Internet of Things (IoT), and Cloud Computing in driving the digitaleconomy. Provide examples of how each of these technologies is used in the industry, and discuss their benefits andlimitations

Step 1: Artificial Intelligence (AI), Internet of Things (IoT), and Cloud Computing are key drivers…

Answered: Discuss the role of artificial…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Similar questions

I do not fully agree that companies exist entirely in their own right or are unequivocally the most important organizations in the world. While companies are legally distinct entities that can own assets, make decisions and be held accountable, they are still comprised of and directed by individuals. At their core, companies only exist as a means to coordinate economic activity among people. There are reasonable arguments that companies play a hugely influential economic and social role globally. However, I would hesitate to say they are unambiguously more important than organizations like governments, non-profits or international institutions that are focused on issues like human rights, health, education and environmental protection. Companies operate to generate profit and shareholder value, which does not always align with the broader interests of society. Therefore, other organizations are still needed to regulate markets and address challenges that private industry may not…
Question 9: Doctrow uses the following terms to describe; People who make creative works A Audiences B Intermediaries C Creators D Investors
We can map the benefits from changes in products/service offerings, process changes, or position innovations on a business model framework. True False
The generation, acquisition, sharing, and exploitation of knowledge are central to successful innovation, but there is a wide range of different types of knowledge, and each plays a different role. True False

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Discuss the role of artificial intelligence (AI), Internet of Things (IoT), and Cloud Computing in driving the digital economy. Provide examples of how each of these technologies is used in the industry, and discuss their benefits and limitations