Figure
10.1
Robotics and their growing ability to process large volumes of data remain central to discussions on emerging technologies. (credit: modification of work “Artificial Intelligence & AI & Machine Learning – 30212411048” by https://www.vpnsrus.com/Wikimedia Commons, CC BY 2.0)
Chapter Outline
Introduction
Innovation can be defined as applying a new process or concept to an existing technology to add value, enhance its capabilities, improve efficiency, or address unmet needs. Innovation is continually applied to technology, resulting in emerging technologies that create opportunities, challenges, and risks. Ultimately, these technologies can significantly impact individuals and organizations.