Innovation is about an idea that creates change in a particular domain in a particular way. It is different from invention in the way that innovation is a process of implementing an invention in a new and better way.
Innovation can be either quantitative or qualitative. Quantitative innovations are those that have been made to increase efficiency, improve quality, or reduce cost. Qualitative innovations are those that have been made to add value to the product or service by changing the features of the product or service.
Innovation is the process of improving something or using new ideas to create something better. The ultimate goal of innovation is to create new knowledge and understanding.
Innovation can be applied to any industry, not just the tech industry.
In the past, it was only humans who could innovate and now we see that AI can also innovate and work on complex problems with a high level of intelligence and creativity. This means that we should embrace AI as a tool for innovation and use it in places where humans traditionally would have innovated such as medical research or scientific experiments.