Developed countries like the U.S. send annually hundreds of billions of dollars to developing countries as aid. The results of this can often not be seen, nor felt. This is a fact. What else is a fact?    

Which of the following is NOT a characteristic that technology must posses to have the potential to trigger a long wave: 

Not all aspects of every digital trait apply to all fields of application. For example, it is impossible that online video-conferencing software (like “Zoom” or “Teams”) provide solutions to implement all four features of poly-directional communication.

The core argument of the Nobel Prize crowned transaction cost theory says that media richness selection must inevitably lead to crowd-sourcing, which results in vertical and horizontal cross-ownership, and therefore in the end of privacy that we witness in today’s digital landscape.

Which of the following is NOT true about Moore’s famous law?

According to the long-waves theory we reviewed in class, human kind is currently in a third (very large) long-waves of technological innovation. The three-part sequence we reviewed refers to human kinds ability to:

Currently, several companies are competing to become “the leading” mobile online payment solution (pay-by-phone). This race includes industry giants like Apple, Google, PayPal, Venmo, and eBay. These companies try very hard to quickly grow their user base because they hope to benefit from one important digital trait that will convert them from “one app” into “the app”:

The statement “artificial intelligence improves processes” is an example of:

What is the most famous concept of the “prophet of innovation”, Joseph Schumpeter?

One of the problems with computer simulations is that one cannot reuse computer code as a modular building block in a different setting, which means that one has to program everything anew every time again.