Recent technologies, such as predictive analytics, machine learning, and artificial intelligence,

inasmuch as they have been accused of extending equal opportunities for entry to new
innovators, have disrupted such diverse industries as government procurement, banking, and
building operations. Whereas the assessment by Jiang et al. underscores extensive
implementation in government processing, Fiona Hunt clearly shows that this technology is
playing a pivotal role in transforming methods of procurement through predictive analytics
analysis. This debate is, in fact, put forward in this OECD paper over the merits and demerits of
AI and ML in banking. And as can be witnessed in the research study by Zhang et al., it is also
manifested in building operations. These observations, taken together, point to a revolutionary
potential that modern technologies bring in a way of streamlining processes, improving
judgment, and spurring creativity in a wide range of domains. In such rapidly changing
landscapes of technological innovation, policymakers and those interested in the industry need to
understand the implications of such technologies and, more so, how they might be affected.