Question 4 - Artificial Intelligence (AI) and Internet of Things (IoT)

Answer all parts of Question 4 after reading and analyzing the articles:

• Voice War - Hey Google vs. Alexa vs. Siri
• Alexa - Pandora's Box of Risks

https://www.dropbox.com/sh/qgbb78k00sujaw5/AAAADClAaiR9UiP6qPb0D5jba?dl=0

• Sensor-Based Entrepreneurship - Framework for Developing New Products and Services

https://www.dropbox.com/sh/qgbb78k00sujaw5/AAAADClAaiR9UiP6qPb0D5jba?dl=0

A.Discuss how the following two leading AI voice assistants can improve / create their monetization strategy: (5 Marks)

i.Amazon Alexa

ii.Google Assistant

B.Internet of Things (IoT) sensor-based entrepreneurship can be organized by two characteristics:

• Level of aggregation - "should that data be used for just the individual from which is sourced or should that data be combined with others (crowds') data for the product / service?"
• Sensor location - "are the sensors located or owned at the individual level, or are they located in the environment / community and owned by others?"

Based on these two characteristics four possible product / service techniques emerge illustrated in the figure shown below. Develop a viable, ethical, legal, and profitable E-commerce business idea for the Pakistani market using any one of the quadrants. (5 Marks)

Sensor-based entrepreneurship opportunity development framework Crowd Business Opportunity Level of Data Aggregation Individual Individual Environment Sensor Location