The principal impact of digital technology on business during the next decade is likely to be:
A)Increasing importance of software and declining importance of hardware
B)Accelerated growth of the "sharing economy"
C)China displacing the US as world leader in digital technology
D)External intelligence: business decisions and the management of transactions undertaken by machines

Question

Quizplus · Accepted Answer

Digital technology will increasingly involve external intelligence, meaning that machines will make decisions and engage in transactions on behalf of businesses. This will impact industries that rely on manual labor, creating a shift towards more automated practices. It also has implications for data privacy and security, as businesses will need to ensure that their machines are operating ethically and safely. While the other options may also be impacted by digital technology, they are less likely to have as significant an impact as the rise of external intelligence.

The Principal Impact of Digital Technology on Business During the Next