Technology

Explain your Technology (25%) What does your selected technology do for your industry? How does it work? Is it software? A service? A new device or tool? I’m mostly looking for an answer to the question “What does this technology do and how does it work?” A brief example would be: • Artificial intelligence (AI) is the ability to use computers to analyze and understand vast amounts of data in reasonable periods of time, and have the computer learn and improve itself from it. Humans have always been unique in our ability to do this, and to then make decisions based on our knowledge. This is done through technology known as “neural networks.” We still are a long way from computers being self aware, however they are revolutionizing the ________ industry by analyzing _______ information. Explain the History of your Technology (25%) What did the industry do before this technology was available? When was this technology first created? Who created it? How has it evolved? Explore Benefits and Drawbacks (50%) Has this technology affected the industry in a good way? Has it caused any new problems? What problem did this technology solve? If you were in charge of the money at your future organization, why would or wouldn’t you purchase this technology?          

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