Successful Innovation & Change Based on Artificial Intelligence

Assessment Brief

Potentially, the most exhilarating field of innovation as we entering a new era is Robotics and Artificial Intelligence (AI). Inclusively, these terminology recommends the application of technology to duplicate intelligent conduct. Imagine that you as an Innovation Consultant  at the Marks and Spencer who desire to suggest the reasonable business idea that use Robotics or AI. Your main task is to demonstrate existing innovations solutions to a business challenge, for instance a 'Chatbot ' for Sales and Customer care shows the presence of a ' living person' but almost similar to a digital technology.

Questions

• Explain ONE business problem that has already been solved with the help of Robotics or AI. Also, research THREE existing solutions that are present in the global marketplace. Elaborate each solution using Tidd & Bessant's 4P's model of Innovation space.
• Explain three solution and contrast each one by using  of Coyne's 3 conditions to identify the competencies of each solution. Devise a competency Tress or Wheel for each solutions showing how 'value' is formed for service users.
• Explain how innovation and creative ideas are interconnected with the success of business. Also produce ONE business challenge identified earlier, develop new ideas for the advancement of AI. Take an example of 10 years later, how to anticipate the development of AI in 2030? How it will affect the daily existing change in human relationships. Provide models of your own choosing and  highlight some of your assumptions.