EU Commission proposed April 2021 first-ever legal framework for AI. But some Asian countries are following suit, not only to lead in the development of AI systems but also to create a positive environment for the use of AI. Leading the way is China. Will a global set of rules from China soon follow?
What are Disruptive Innovation Environments, and how can you use it in your Innovation efforts? This article explains how to make the most of your innovation efforts.
The electrification of transport is inevitable. This is not a question of if, but when, given the pressing challenges we face in terms of climate change and air quality. The big question is: what will the future hold for eMobility? Will it overcome the hurdles that remain and become the dominant form of transport?
The future of work is not written, and still it's a big topic for policymakers around the world. This article explains the challenges, current limitations and possible future developments in the future of our work world. We need new ideas and built a better tomorrow.
Technologies like NFTs, blockchain, virtual and augmented reality will change the way future consumers will interact with businesses and each other. An overview of Metaverse, digital fashion and digital horse racing.
Investing in sustainability and for sustainable projects: This is one of the big megatrends among business angels and investors. It is about the good feeling of having invested "sensibly". But it is also about achieving a financial return in addition to a positive ecological and social impact. This is because many want to incorporate their values and life goals into their investments. Generation Y and projects or startups are in the sights of investors.
Looking back at the Covid response, the industry will have a wealth of recommendations and lessons to offer on how to avoid future failures in crises of this magnitude. But will companies also address the root cause of the problem: that supply chains themselves are no longer fit for purpose?
Digitalization and modern technologies can make an unconditional basic income possible. This is explained here using an example that also shows companies how to break new ground with digitization and implement new models convincingly and profitably.
Innovations are one of the key drivers for the growth and survival of companies. However, as various studies show, there is a very high probability that an innovation idea will not fulfill the goals associated with it. For example, between 70 and 90% of all newly launched products fail. Almost 2/3 of all startup investments lose money. According to a recent study by CB Insights, one of the main reasons for the failure of startups is that there was no sufficient market need for the developed solution. In view of these figures, the following will first show why the classic approach of creating a business plan is not sufficient or can even be a waste of time and resources. Subsequently, the Bayes theorem, innovation options and Monte Carlo simulations are presented as three powerful but simple methods for evaluating the chances of success of innovations in the early development phases.
How can administrations become more efficient? Various topics in administration can be digitized. Topics such as eID and digital identities are like a turbo for digital ecosystems.