IoT

“The development of AI is as fundamental as the creation of the microprocessor, the personal computer, the Internet, and the mobile phone… Businesses will distinguish themselves by how well they use it.”

Bill Gates

In this inaugural blog, we’re delving deep into two captivating news topics that emerged in latter half of March 2023 in WSJ, Harvard Business Review, MIT Technology Review, and Adweek. But before we immerse ourselves in the details, let’s take a sneak peek at these stories.

First up, there’s a noticeable transition from the consumer metaverse to more practical applications of emerging technologies, such as the industrial metaverse, augmented reality, and IoT. These game-changers are anticipated to make a substantial impact on the business world and society in the near future. Metaverses are creating enticing opportunities for value co-creation, as users, developers, and businesses join forces to forge virtual experiences, goods, and services. Furthermore, metaverses are becoming hotbeds for strategic creativity, enabling users to design, experiment, and innovate within these virtual spaces.

On the other side, rapid advancements in artificial intelligence (AI) and generative AI are leaving their mark on a broad range of industries—from healthcare and drug discovery to customer service and business operations. Generative AI is emerging as a game-changer for businesses by augmenting human capabilities, fostering more effective stakeholder collaboration, and delivering customized solutions.… Read the rest