“Technology, Innovation, Change, and the Legal Implications of a Modern Business Model” Please respond to the following:
Describe the different ways that companies are leveraging technology, innovation, robotics, and artificial intelligence to create a competitive advantage in their industry. Next, provide an example of an industry that has been severely impacted by innovation and technology and share your perspective on this change.
Speculate on the legal implications you can foresee during this transition from the Traditional Brick and Mortar business to the fully automated industries of the future. Next, discuss significant challenges of the current legal system with keeping up with changes in technology. Provide support for your response.