To continue my post last week regarding the advancement of emerging technologies. I learned in this course that there are many emerging tech that is already out there aside from AI, gamification, blockchain and what not. But have you ever wondered why some of this tech is not progressing or even used by us? Here's what I realized. There are many factors that makes emerging technologies challenging to predict considering the vast possibilities, continuous innovations, and complex influences that affects the growth (or regression) of a new technology or breakthrough. The success of an emerging technology heavily relies on the complexity of the technology itself, the consumer behavior and user acceptance, and the rapid pace of innovation that often outstrips the society’s understanding and integration capabilities. We have seen many breakthroughs attempts and innovations throughout the years but not every development has been accepted by the society or supported by the industry as the...
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With almost more than a month left in the course, I’ve confirmed that emerging technologies and breakthrough innovations in terms of technology can be a huge game changer in different industries. Most often, the company’s innovation and technology capabilities reflect their companies’ growth and stability in the market. However, the advancement in emerging technologies can be affected by societal norms and acceptance of the users/society as some would still prefer to do things manually or traditionally, which then hinders them to explore and adopt new tools/technology. Although these technologies can be a great tool in productivity and provides convenience, there are still some reservations on fully utilizing it, or some find it risky and unpredictable which may further cause business disruptions. For instance, many managers continue to prefer in-person meetings rather than embrace the emergence and convenience of having virtual meetings. Some employees would still prefer to have m...