Technology Glossary

Essential AI, Web3, and exponential technology terms for executives. From OpenAI ChatGPT to blockchain to industrial robotics - understand the technologies driving business transformation.

Artificial Intelligence

Artificial Intelligence (AI)

Computer systems that can perform tasks typically requiring human intelligence, such as visual perception, speech recognition, decision-making, and language translation. Examples include ChatGPT, Claude AI, and Google Bard.

OpenAI ChatGPT

A conversational AI system developed by OpenAI that can understand and generate human-like text responses. Used by millions of users for content creation, coding assistance, and problem-solving.

Claude AI

An AI assistant created by Anthropic, designed to be helpful, harmless, and honest. Known for its ability to process long documents and maintain context in extended conversations.

Machine Learning

A subset of AI that enables computers to learn and improve from experience without being explicitly programmed. Powers recommendation systems, image recognition, and predictive analytics.

Blockchain & Web3

Web3

The next generation of the internet built on blockchain technology, emphasizing decentralization, user ownership of data, and peer-to-peer interactions without intermediaries.

Blockchain Technology

A distributed ledger technology that maintains a continuously growing list of records, linked and secured using cryptography. Foundation for cryptocurrencies and decentralized applications.

DeFi (Decentralized Finance)

Financial services built on blockchain technology that operate without traditional intermediaries like banks. Includes lending, borrowing, and trading using smart contracts.

NFT (Non-Fungible Token)

Unique digital assets stored on a blockchain that represent ownership of digital or physical items. Cannot be replicated or exchanged on a like-for-like basis.

Robotics & Automation

Industrial Robotics

Automated machines designed to perform manufacturing tasks with precision, speed, and reliability. Used in assembly lines, welding, painting, and quality control processes.

Humanoid Robots

Robots designed to resemble and mimic human form and behavior. Examples include Boston Dynamics' Atlas and Tesla's Optimus robot for various service applications.

Business Technology

Digital Transformation

The integration of digital technology into all areas of business, fundamentally changing how organizations operate and deliver value to customers.

Future Technology

Exponential Technology

Technologies that improve at an exponential rate, doubling in performance or capability while costs decrease. Examples include AI processing power, gene sequencing, and solar energy efficiency.

Quantum Computing

Computing technology that uses quantum mechanical phenomena to process information exponentially faster than classical computers for specific problems.

Connected Technology

Internet of Things (IoT)

Network of physical devices embedded with sensors, software, and connectivity to exchange data. Enables smart homes, industrial monitoring, and autonomous vehicles.

Transportation Technology

Autonomous Vehicles

Self-driving cars and trucks that use AI, sensors, and mapping technology to navigate without human intervention. Being developed by Tesla, Waymo, and traditional automakers.

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