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Benedict Is Looking to Propose a New Artificial Intelligence Program

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Benedict is looking to propose a new artificial intelligence program for Sherlock, which will be programed to respond appropriately to certain responses like "When will the show be back on BBC?" or "Can Benedict and Martin take a break to film Season 5?" through Facebook Messenger. What does Benedict want to create?


Definitions:

Optimal R&D Expenditures

The level of spending on research and development that maximizes an organization's returns or value.

Fast-Second Strategies

A business approach where companies quickly follow pioneers in a new market or technology, leveraging the groundwork laid by the first movers.

Dominant Firms

Refers to companies that have a major share of the market and significant influence over the prices and availability of products or services.

Start-Up Firms

Newly established businesses often characterized by innovation, scalability, and high growth potential.

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