What are the key technologies shaping the future of business?
Key technologies include AI, blockchain, IoT, and big data analytics, transforming operations and customer engagement.
How is AI specifically changing business operations?
AI automates tasks, enhances decision-making, and improves customer service through chatbots and personalized experiences.
What role does blockchain play in business?
Blockchain enhances transparency, security, and efficiency in transactions, making it ideal for supply chain management.
Can you give examples of businesses successfully using these technologies?
Sure! Companies like Amazon use AI for recommendations, while IBM leverages blockchain for secure transactions.
What challenges do businesses face when adopting new technologies?
Challenges include high costs, resistance to change, and the need for skilled personnel to manage new systems.
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