In the last decade, technology has made it cheaper and easier to start new businesses, finance them, realize operational efficiencies and scale geographically. It has also empowered customers and employees through social media, which has created opportunities for competitors. While these changes have been transformative, coming technology advances in the areas of smart robotics, artificial intelligence, the Internet of Things and Big Data (“AI Revolution”) will metamorphose how businesses are staffed, operated and managed.
Definitely true. Technology has made certain parts of our world easier to navigate and build especially when it comes to businesses.