How can businesses leverage emerging technologies, such as artificial intelligence and machine learning, to gain a competitive advantage in the market and drive innovation in their industry in the long term?

ANSWER: Businesses can leverage AI and machine learning to analyze big data, gaining insights that drive product innovation and personalized customer experiences. By automating repetitive tasks, these technologies increase efficiency and enable employees to focus on strategic work. Predictive analytics aid in informed decision-making and optimizing operations. Investing in emerging tech positions businesses as market leaders, fosters a culture of innovation, and attracts top talent, securing a long-term competitive edge.