27.7. Role of Technology in Innovation

Try these first

1. 1.

   What are two applications of AI in business?

   Hint

   Think of services you often use online.

2. 2.

   Describe one benefit of cloud computing for startups.

   Hint

   Consider what a startup would prioritize in the early stages.

3. 3.

   Which technology uses data to improve user experiences?

   • AI
   • Blockchain
   • Cloud Computing
   • IoT

   Hint

   Consider which technology directly relates to learning from data.

4. 4.

   Cloud computing is primarily about:

   • True (providing scalable infrastructure)
   • False

   Hint

   Think about how startups manage their technical resources.

5. 5.

   Propose a startup idea that integrates IoT with AR/VR technologies. Outline its features and potential impact.

   Hint

   Think about sectors that need simulation and real-time feedback.

6. 6.

   Analyze a blockchain application in a field of your choice. Discuss its advantages and possible limitations.

   Hint

   Consider the challenges of data in large systems.