The Market for Assistive Technologies and Commercial Development: The attached article on the market for assistive technologies has some bold predictions about commercial opportunities. Given your interest in business (i.e. finance, accounting, marketing, global management, etc.), what commercial opportunity in assistive technologies stands out for you?
I think that all facets of business become open to working with this technology, but what stand out to me are marketing and finance. Good investments are going to have to be made into these companies, and with a solid finance background this is helpful. Marketing will also be a huge factor. This will be a relatively new and continuously evolving market, and it will be important to keep targeted audiences and segments informed as the technology keeps advancing. Without good campaigns to the right people, many could be without life assisting technology
The Market for Assistive Technologies and Social Impact: The article also offers us a glimpse of some of the social impacts that are possible through an attention to the development of this market. What specific positive social impact is likely/possible if the market continues to develop?
The glaring social impact that all this technology is going to make as it improves is instilling a sense of equality and pride for people that need these assistive technologies. The article stated that about 1 billion people need these technologies, but only about 1/10 get access to them. By improving all this tech, the prices will undoubtably get lower, and people who require these technologies will get to have more normal lives, and better ones.
Other Examples Like This?: Based on our review of the market for assistive technologies as an area of opportunities for commercial development and opportunities for social impact, what other types of markets (likely in areas related to people, planet and profit) offer opportunities for commercial development and social impact?
The area of artificial intelligence certainly is growing very rapidly, and with the growth comes many opportunities for people and businesses. The social impact of viable artificial intelligence technologies could be huge, with cheaper services and goods becoming available, new forms of entertainment, and improved technologies outside of AI all becoming a reality as AI continues to grow.