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In: Economics

Can you discuss the following three trends in relation to the Hype Cycle Democratized AI, Digitalized...

Can you discuss the following three trends in relation to the Hype Cycle Democratized AI, Digitalized Ecosystems, and do-It-Yourself Biohacking

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Expert Solution

Democratized artificial intelligence is one of the five trends by Gartner’s latest Hype Cycle of emerging technologies. This include digitalized ecosystems, do it yourself bio hacking, transparency immersive experience and ubiquitous infrastructure with democratized AI. The most vibrant impact is the availability of masses data scientists and AI architects, who are expert to find solutions related to AI. There is well developed adopters who get benefited from continues evolution of technology. For example, smart robots capable of working like human being; replace human workers to more value adding tasks etc.
Day by day new technologies, new inventions and dynamic ecosystems were emerged. These ecosystems need plat form based business models. There is a need for shifting from technical infrastructure to ecosystem gives foundation for new business models. These ecosystems having more reliability, transparency and more trust in centralized systems. Under this system there is a virtual representation of the real object.
The do it yourself bio hacks comprises of technology augmentation, nutria genomics, experimental biology and grinder bio hacking. The use of biochips can detect diseases from cancer before showing symptoms. The molecular sensors in the chips can find and analyse biological elements and chemicals. This technology allows skin and tissues to grow over a robot exterior.


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