Wireless Personal Communications | 2019
RETRACTED ARTICLE: Advanced Business Model Innovation Supported by Artificial Intelligence, Deep Learning, Multi Business Model Patterns and a Multi Business Model Library
Abstract
Businesses have classically put emphasis on human bonds related to their BM’s. By the fast development of more sensoring, persuasive and virtual BMs increasingly run autonomously by machines, businesses should expect to be able to, build competence and thereby be capable in the future to innovated BM’s and operate BM’s in new types of Business Model Ecosystems (BMES) in the future—where physical, digital and virtual BMES become integrated. This will inevitably open up to new multi business model potential, but also require that businesses operate and innovate their multitudes of BM’s differently. BMES and BM’s have for a long time been based and built up with mainly human bond communication, but new technologies, very much based on machine to human communication and machine to machine communication, evolve and change the game of Business Model Innovation (BMI) with exponential speed. How will this change the game of BMI between humans, humans and machines and machines to machines? How will this evolvement influence businesses ability to “download”, “see”, “sense”, “relate” and “receive” and relate BM’s with their AS IS and TO BE BM’s? The paper addresses the exponential development of artificial intelligence technologies, persuasive technologies, virtual technologies and thereby increase the potential to create, capture, deliver, receive and consume physical, digital, persuasive and virtual BMs in BMI and introduce a conceptual model to future BMI and operation.