Reference no: EM133562473

Artificial intelligence (AI) and machine learning technologies (ML) are likely to change the way we do business. Enhancing production processes, detecting business defects, and enabling predictive analytics are only a few examples where both AI and ML could be game changers. Semiconductors lie at the heart of this technological revolution. Almost all advanced technologies including cars, TVs, washing machines, mobile phones, and advanced weapons use semiconductors. Chang Xie, a computer geek, thinks she has a great idea to improve and simplify the very complicated processes of producing semiconductors. Todd initially was very skeptical but after discussing Chang's ideas, he felt that there is money to be made in these fields. So, after four months of hard work, both pitched their ideas to RedTek, a giant Canadian tech firm. To their surprise, RedTek offered them some money to start a business and improve their invention. However, RedTek first needs to know more about this invention. Keeping this scenario in mind, answer the following questions:

Chang and Todd both are anxious about the prospect of disclosing their invention to RedTek but if they do not, RedTek will not fund them. What should they do?