In order to stay alive, all businesses in or near the maturity stage have the need foresee the future of the market and quickly adapt to these changes in consumer behaviour and trends. There's an ongoing need to have flexible, growth oriented strategies. A couple of ways to do this is to shift their focus on their new products and scrap old loss making ones, or acquire promising up-and-coming startups.
AI and robotics have slowly and steadily become a ubiquitous part of our everyday lives. Smart phones have become smarter with the advent of personal assistants like Siri. These intelligent machines work, react and learn like humans. They recognise speech and facial patterns, analyse and solve real life problems. Alexa was recently in the news for calling the cops, saving a person from a threatening situation. Robotics and AI are