Term projects Flashcards
AI embodied cars
definition:
incorporating AI and merging it with autonomous vehicles
Current application:
Tesla and their AV’s are leading brands of fully autonomous vehicles
opportunity:
An opportunity is that it will minimize traffic accidents since it’s able to counter human errors.
challenge:
The Safety of the fully automated vehicle and it’s ability to react the right way in dynamic road situations.
disaster management
definition:
The use of AI to and IS to minimize, prepare for, and recover from disasters
Current application:
Disaster management systems are allowing the government to have strategies in order to better prepare for emergencies
opportunity:
opportunities in artificial intelligence include the ability to use AI technology to to plan more efficiently for disasters. For example providing better medical diagnostics in healthcare situations.
challenge:
scalability, the government and countries are usually better prepared for disasters happening within certain borders and are not as well prepared for world-wide catastrophes.
social media for competitive advantage
definition:
utilizing social media to gain an upper hand especially in certain industries such as the fashion industry.
Current application:
the current utilization of TikTok to promote certain fashion products on the screen. Some brands who have been doing this are Shein where they showcase their their most popular items to attract buyers.
opportunity:
targeted advertising is an opportunity since the social media algorithm can reach the targeted audience and gain their interest in the product that they are advertising.
challenge:
Privacy concerns are a challenge since social media is using data about the individual to advertise to them the product that they might gravitate towards. Some users might this intrusive and turn away from social media app making it a challenge for brands who wish to gain competitive advantage.
