L3 Exploring and Proposing Emerging Technologies Flashcards
It refers to new and innovative technologies that are currently in development or early stages of adoption. These technologies have the potential to significantly impact industries, economies, and society by solving complex problems, improving efficiency, or creating entirely new opportunities.
Emerging Technologies
What are the Key Characteristics of Emerging Technologies?
Innovation, Disruption, Growth Potential, Uncertainty, and Impact
They introduce new ways of doing things or improve existing processes.
Innovation
They can disrupt traditional industries and create new markets.
Disruption
They are often in the early stages of development but have high potential for widespread adoption.
Growth Potential
They may face technical, ethical, or regulatory
challenges before becoming mainstream.
Uncertainty
They have the potential to create significant economic, social, or environmental benefits.
Impact
refers to machines that can perform tasks requiring human intelligence, like learning, reasoning, or decision-making. ML is a subset of AI where machines learn from data to improve their performance over time.
Artificial Intelligence and Machine Learning (AI) & (ML)
It is a secure, decentralized digital ledger that records transactions across multiple computers. It’s transparent and tamper-proof.
Blockchain
It refers to everyday objects connected to the internet, collecting and sharing data.
Internet of Things (IoT)
It uses quantum bits (qubits) to perform complex calculations much faster than traditional computers.
Quantum Computing
It overlays digital elements onto the real world (e.g., through a smartphone or glasses).
Augmented Reality and Virtual Reality (AR) & (VR)
It is a robots and automated systems that perform
tasks with minimal human intervention.
Advanced Robotics and Automation
Criteria for Choosing Technologies
Relevance to the Problem, Feasibility, Scalability, Impact, Risk, and Sustainability
Research Techniques
Literature Review, Competitive Analysis, Expert Consultation, Prototyping and Piloting, Data Analysis, and Scenario Planning
It analyze academic papers, industry reports, and case studies.
Literature Review
It Study how competitors or other industries are using the technology.
Competitive Analysis
It Engage with industry experts, researchers, or consultants.
Expert Consultation
It Develop small-scale prototypes or pilot projects to test the technology.
Prototyping and Piloting
It Uses data-driven approaches to assess the technology’s performance.
Data Analysis
It explore potential future scenarios and how the technology might evolve.
Scenario Planning
Justifying Technology Choices
Define the Problem, Present the Solution, Provide Evidence, Address Risks and Challenges, Highlight Benefits, and Make a Recommendation
It clearly articulate the problem or opportunity the technology addresses.
Define the Problem
It describe the technology and how it works.
Present the Solution
It share research findings, case studies, or pilot results.
Provide Evidence
It Acknowledge potential risks and limitations.
Address Risks and Challenges
It Emphasize the expected impact on efficiency, cost savings, or innovation.
Highlight Benefits
It clearly state why the technology is the best choice.
Make a Recommendation