Business Driven Technology
7th Edition
ISBN: 9781259567322
Author: Paige Baltzan Instructor
Publisher: McGraw-Hill Education
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Chapter 1, Problem 1MBD
View from a Flat World
Bill Gates, founder of Microsoft, stated that 20 years ago most people would rather have been a B student in New York City than a genius in China because the opportunities available to students in developed countries were limitless. Today, many argue that the opposite is now true due to technological advances making it easier to succeed as a genius in China than a B student in New York. As a group, discuss whether you agree or disagree with Bill Gates’s statement.
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- Although Organovo is now a privately held firm, the National Science Foundation and the National Institutes of Health funded a large portion of the research that led to the company's current patents. Is it right that Organovo and its investors are the only ones to profit financially from this study? Why is this happening, or why is it not happening?arrow_forwardwatch the following videos from the YouTube channel StatQuest:● Machine Learning Fundamentals: Sensitivity and Specificity● ROC and AUC, Clearly Explained!After reading and watching those videos, you should write a short essay that answers the followingquestions in your own words:● What is precision, recall, sensitivity, and specificity? How would you explain it to someone new tothe field of machine learning?● What is the precision/recall trade-off? Provide an unique example to illustrate the concept.● Explain the ROC curve and how it is used.arrow_forwardThe last decade has arguably seen the greatest and most compressed degree of technology-driven change that the world has ever seen. However, far greater change is likely to happen in the next ten years as many technologies, from diverse fields are changing business – artificial intelligence, advanced robotics, blockchain, genomics, Nanotech, drones, etc. The Fourth Industrial Revolution is changing the way we live, work, and associate with one another as well as the way business is conducted. Consider the 3 factors that impact by also drive an Industrial Revolution. Briefly explain what the 4th Industrial Revolution is and what you believe will be the impact on the future of business with reasons.arrow_forward
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