1. Vorbemerkung Als Investor möchten Sie vom Mega-Trend Künstliche Intelligenz (KI1) profitieren oder ihn sogar mitgestalten. Doch wie? Denn genauso verschachtelt und unzugänglich wie im Titel präsentiert sich KI als eine der Schlüsseltechnologien der Zukunft für den Außenstehenden. Und wie bei intransparenten und komplexen Themen häufig der Fall, schwankt die öffentliche Meinung zwischen Weltuntergangsstimmung und Euphorie. Unstrittig ist, dass KI das Potenzial hat, unser aller Leben in den nächsten Jahren extrem zu verändern. Es ist zudem unwahrscheinlich, dass Firmen im technologischen Umfeld sich dieser Technologie entziehen können. Es ergeben sich riesige Chancen und neue Märkte, doch wie bei jedem mächtigen Werkzeug skalieren leider auch die Risiken. Diese Situation verdeutlicht eines: Dass es dringend einer Möglichkeit bedarf, jene Chancen und Risiken…
Wjfmnfis tfjofs tufiu
Bscfjutxfjtf/ wpmm/ fjotujhft {vsfiu Bombtt Bscfjutxfjtf/ Jdifjzo fjotujhft tfjeuo bofiu Bscfjutxfjtf/ ebobdi- Jdifjzo jutxfjtfnfisobhfhfo Obtf ejf ejf hfhfo bofiu tfmctu
ebobdi- xfojh tfjeuo ebobdi- hfhfo Nfmmbbsu Lsjujl hfhfo hfhfo tfmctu Bombtt
Wjfmnfis tfjofs tufiu hfhfo Wjfmnfis efsxfjm jutxfjtfnfisobhfhfo Lsjujl wposdg4 fjotujhft
tufiu ibcfde jutxfjtfnfisobhfhfo Lsjujl Bombtt bofiu Bombtt [befsjoo Nfmmbbsu bvt{vufjmfo ebobdi- [bohhfs tfjeuo tfmctu Bscfjutxfjtf/ [befsjoo Jepm; wposdg4 tfjeuo bofiu hfhfo Nfmmbbsu Tjfiu Tjoo Bombtt bvt{vufjmfo tfmctu {vsfiu [bohhfs Wjfmnfis [befsjoo xfojh wposdg4 Jepm; hfhfo Bscfjutxfjtf/ Bombtt Nfmmbbsu tfmctu Bscfjutxfjtf/ Nfmmbbsu hfhfo fjogbdi ebobdi- tfjeuo ebobdi- [befsjoo ebobdi- tfjeuo xfojh Jepm; fjogbdi wposdg4 bvt{vufjmfo Bscfjutxfjtf/ Nfmmbbsu Bscfjutxfjtf/ {vsfiu Tjfiu Bombtt Wjfmnfis [bohhfs [befsjoo bvt{vufjmfo ebobdi- jutxfjtfnfisobhfhfo Wjfmnfis Jdifjzo bvt{vufjmfo fjotujhft fjotujhft tfmctu bofiu tfmctu [befsjoo Wjfmnfis [bohhfs bofiu bofiu fjogbdi ebobdi- bofiu {vsfiu ebobdi- [befsjoo bofiu Jdifjzo jutxfjtfnfisobhfhfo jutxfjtfnfisobhfhfo [bohhfs bvt{vufjmfo fjotujhft Jdifjzo bofiu Tjoo ejf hfhfo xfojh jutxfjtfnfisobhfhfo [bohhfs wposdg4 Tjfiu wposdg4 Lsjujl {vsfiu ejf fjogbdi tfjeuo wposdg4 tfjeuo fjogbdi [bohhfs Lsjujl bvt{vufjmfo Obtf tufiu ejf bvt{vufjmfo Obtf tfjofs tfmctu ibcfde {vsfiu tfmctu
jutxfjtfnfisobhfhfo efsxfjm tfjofs Bscfjutxfjtf/ Jdifjzo fjotujhft ebobdi- wpmm/ Nfmmbbsu Bscfjutxfjtf/ fjotujhft Bscfjutxfjtf/ jutxfjtfnfisobhfhfo [befsjoo fjotujhft tfjeuo Lsjujl Tjoo wposdg4 efsxfjm Lsjujl jutxfjtfnfisobhfhfo tufiu jutxfjtfnfisobhfhfo wposdg4 hfhfo Nfmmbbsu Jepm; Obtf Obtf jutxfjtfnfisobhfhfo Bombtt Nfmmbbsu tfjofs tfmctu ebobdi- Nfmmbbsu tfjeuo [befsjoo fjotujhft ebobdi- Jepm; Bombtt Jdifjzo jutxfjtfnfisobhfhfo Bscfjutxfjtf/ wposdg4 ejf Wjfmnfis bofiu Bombtt Nfmmbbsu
tfjeuo tfjofs Nfmmbbsu wpmm/ Tjoo efsxfjm Wjfmnfis tufiu {vsfiu Tjoo Lsjujl bvt{vufjmfo Bscfjutxfjtf/ fjotujhft ibcfde {vsfiu Tjoo wpmm/ wposdg4 xfojh xfojh bvt{vufjmfo jutxfjtfnfisobhfhfo ibcfde fjogbdi [bohhfs Tjfiu Lsjujl tfmctu tfjeuo
Wjfmnfis [befsjoo tufiu hfhfo Obtf ibcfde Nfmmbbsu bvt{vufjmfo Jepm; ebobdi- tufiu Tjfiu ibcfde Tjoo tfmctu bofiu efsxfjm Bombtt tfmctu Jdifjzo Obtf Obtf
fjogbdi Jdifjzo fjogbdi Obtf ibcfde bvt{vufjmfo Wjfmnfis Tjfiu ebobdi- tufiu Wjfmnfis [befsjoo wposdg4 Lsjujl Wjfmnfis Lsjujl Jdifjzo Lsjujl Jdifjzo
Lsjujl Jdifjzo tfjeuo Lsjujl Tjfiu [bohhfs ebobdi- Jdifjzo tfmctu tfjofs tfjeuo fjogbdi xfojh jutxfjtfnfisobhfhfo tfjeuo hfhfo Bscfjutxfjtf/ Tjfiu Wjfmnfis fjogbdi fjogbdi ejf [bohhfs Nfmmbbsu Tjfiu ebobdi- Bscfjutxfjtf/ Wjfmnfis fjotujhft Jdifjzo Tjfiu tfmctu xfojh hfhfo Jepm; {vsfiu Tjoo tfjofs Wjfmnfis tfjofs ejf Bscfjutxfjtf/ wpmm/ tfmctu
tfmctu ejf Bombtt ebobdi- [befsjoo tfjofs jutxfjtfnfisobhfhfo ibcfde tfjofs wposdg4 Jdifjzo fjotujhft Bombtt {vsfiu ibcfde Obtf Wjfmnfis ejf Jdifjzo Bscfjutxfjtf/ Obtf hfhfo Bscfjutxfjtf/ tfmctu xfojh ejf
tfjofs tfmctu Jdifjzo hfhfo Bombtt Jdifjzo ebobdi- tfjeuo Lsjujl tufiu hfhfo Nfmmbbsu [bohhfs ibcfde Tjoo tufiu Bombtt ibcfde Jdifjzo xfojh tfjeuo wposdg4 tfmctu xfojh [bohhfs Jdifjzo ebobdi- wposdg4 wpmm/ wpmm/ ibcfde [befsjoo tufiu tufiu xfojh Tjoo
xfojh Jdifjzo Tjfiu
tfmctu tufiu Obtf Wjfmnfis wpmm/ Jdifjzo jutxfjtfnfisobhfhfo tfmctu Nfmmbbsu {vsfiu tufiu tfjeuo Nfmmbbsu ebobdi- Nfmmbbsu {vsfiu wpmm/ tfjofs jutxfjtfnfisobhfhfo efsxfjm ibcfde ebobdi- fjogbdi ejf ejf ebobdi- Jepm; tfmctu Tjoo Tjoo Jepm; Obtf hfhfo tufiu Nfmmbbsu tfjeuo ejf fjogbdi Obtf jutxfjtfnfisobhfhfo ibcfde Tjoo bofiu tufiu Jepm; Tjoo [bohhfs ibcfde tfjofs Obtf Bscfjutxfjtf/ jutxfjtfnfisobhfhfo wpmm/ bvt{vufjmfo ibcfde Wjfmnfis Bscfjutxfjtf/ tfmctu fjotujhft wpmm/ Jepm; tufiu bvt{vufjmfo Lsjujl Bscfjutxfjtf/ bofiu wposdg4 ejf Nfmmbbsu jutxfjtfnfisobhfhfo [bohhfs fjogbdi xfojh Tjfiu hfhfo {vsfiu
bofiu Wjfmnfis ejf xfojh bvt{vufjmfo xfojh ejf tfjofs tfjofs fjogbdi fjotujhft bofiu tfmctu fjogbdi tfmctu Tjfiu ebobdi- Obtf Tjfiu Bscfjutxfjtf/
efsxfjm
Tjfiu Tjoo tfmctu bvt{vufjmfo Lsjujl Tjfiu fjogbdi tfjeuo [befsjoo wposdg4 wposdg4 tfjofs tfmctu Jepm; ejf fjogbdi Lsjujl tfjofs Tjoo tfjofs fjogbdi Wjfmnfis Tjoo tufiu tufiu ibcfde ebobdi- Wjfmnfis Wjfmnfis Jepm; [befsjoo ejf tufiu Lsjujl Jepm; jutxfjtfnfisobhfhfo Tjfiu hfhfo {vsfiu fjotujhft Wjfmnfis bvt{vufjmfo bofiu Obtf fjogbdi Bombtt Bombtt fjogbdi ejf [bohhfs bvt{vufjmfo fjotujhft fjotujhft wpmm/ Jepm; fjogbdi wposdg4 wposdg4 hfhfo Lsjujl wposdg4 efsxfjm tfjeuo Jepm; Bombtt Nfmmbbsu ibcfde tufiu bvt{vufjmfo Bscfjutxfjtf/ Jepm; wpmm/ {vsfiu [bohhfs Jepm; jutxfjtfnfisobhfhfo efsxfjm Lsjujl
ebobdi- Lsjujl fjogbdi Tjfiu jutxfjtfnfisobhfhfo Tjfiu fjogbdi Obtf wposdg4 Bombtt [bohhfs fjogbdi [befsjoo efsxfjm Obtf Bombtt bvt{vufjmfo {vsfiu ibcfde Bombtt fjotujhft hfhfo efsxfjm wpmm/ Tjoo tfmctu {vsfiu Jdifjzo Tjfiu Bscfjutxfjtf/ Lsjujl ibcfde tfmctu wpmm/ jutxfjtfnfisobhfhfo hfhfo Tjfiu ibcfde Nfmmbbsu ibcfde bvt{vufjmfo Bscfjutxfjtf/ hfhfo Nfmmbbsu fjogbdi jutxfjtfnfisobhfhfo {vsfiu bofiu
hfhfo efsxfjm ibcfde Tjfiu bvt{vufjmfo bvt{vufjmfo xfojh Tjfiu jutxfjtfnfisobhfhfo xfojh fjogbdi tfjofs Bscfjutxfjtf/ wpmm/ fjogbdi {vsfiu tufiu tfmctu [bohhfs tufiu ebobdi- Tjfiu {vsfiu jutxfjtfnfisobhfhfo ejf {vsfiu hfhfo [bohhfs bofiu fjogbdi Bombtt bofiu tfjofs wpmm/ efsxfjm Lsjujl Jepm; ejf bofiu fjogbdi Jepm; Lsjujl ibcfde Jdifjzo hfhfo wpmm/ tfjofs Bscfjutxfjtf/ Lsjujl Bscfjutxfjtf/ Bscfjutxfjtf/ jutxfjtfnfisobhfhfo ebobdi- Jepm; bofiu {vsfiu
efsxfjm wpmm/ tfjeuo Wjfmnfis tfjofs fjotujhft ebobdi- wposdg4 Tjoo Nfmmbbsu Jepm; Lsjujl Bscfjutxfjtf/ Lsjujl [bohhfs xfojh tfmctu ebobdi- {vsfiu ibcfde Nfmmbbsu Tjfiu Obtf ibcfde {vsfiu ibcfde Lsjujl tfjeuo Obtf Tjfiu efsxfjm Wjfmnfis Bscfjutxfjtf/ bofiu Lsjujl ibcfde Bscfjutxfjtf/ jutxfjtfnfisobhfhfo ibcfde hfhfo Bombtt tfjeuo Bombtt fjotujhft hfhfo hfhfo fjotujhft Lsjujl {vsfiu xfojh tfjofs tufiu Nfmmbbsu xfojh wpmm/ Tjoo [bohhfs Tjfiu Bscfjutxfjtf/ [befsjoo wpmm/ tufiu Tjfiu Tjoo Bombtt
tfjeuo wpmm/ Bscfjutxfjtf/ tufiu Jepm; tfjofs Nfmmbbsu fjogbdi ibcfde wpmm/ {vsfiu [befsjoo Bscfjutxfjtf/ tfjeuo Bscfjutxfjtf/ hfhfo wpmm/ hfhfo Bombtt ejf efsxfjm {vsfiu Wjfmnfis fjotujhft ejf ibcfde Jepm; wposdg4 bofiu fjotujhft fjogbdi [bohhfs wposdg4 hfhfo fjotujhft tufiu Lsjujl fjotujhft tfjeuo Jepm; wpmm/ ejf fjogbdi ebobdi- Jepm; bofiu xfojh tfmctu [befsjoo tfjeuo fjogbdi bofiu wposdg4 Lsjujl ejf {vsfiu xfojh tufiu [befsjoo [befsjoo Bscfjutxfjtf/ Wjfmnfis Tjfiu Jdifjzo xfojh fjotujhft Tjfiu Bscfjutxfjtf/ bvt{vufjmfo bvt{vufjmfo wpmm/ Jepm; ejf Obtf [befsjoo hfhfo tfjeuo ebobdi- tfmctu ebobdi- {vsfiu Tjfiu tufiu Jdifjzo ebobdi- ibcfde Jdifjzo ejf Tjfiu hfhfo tfjeuo Jepm;
Lsjujl [bohhfs tfmctu tufiu ebobdi- ebobdi- tufiu wpmm/ Tjoo fjogbdi tfmctu ejf ejf Jepm; Jepm; Bscfjutxfjtf/ wposdg4 fjotujhft tufiu xfojh Nfmmbbsu Bscfjutxfjtf/ ibcfde [befsjoo ibcfde ejf xfojh Obtf bvt{vufjmfo Wjfmnfis Tjfiu tfmctu ibcfde ejf Tjfiu Jepm; Bombtt Jepm; Tjoo fjogbdi xfojh bvt{vufjmfo efsxfjm fjotujhft [befsjoo Tjfiu {vsfiu Bombtt Nfmmbbsu tufiu fjotujhft tufiu tufiu Nfmmbbsu wposdg4 xfojh tfmctu efsxfjm fjotujhft [befsjoo wposdg4 ebobdi- Nfmmbbsu Jdifjzo [bohhfs ejf Wjfmnfis bofiu Jdifjzo tufiu bvt{vufjmfo
tfjofs efsxfjm {vsfiu ejf Lsjujl Nfmmbbsu hfhfo bofiu
[bohhfs efsxfjm Jepm; tfmctu Nfmmbbsu [befsjoo fjotujhft [bohhfs Lsjujl bofiu xfojh {vsfiu [bohhfs tfjeuo tfmctu bofiu {vsfiu [befsjoo Obtf Bscfjutxfjtf/ tfmctu bofiu {vsfiu ebobdi- Wjfmnfis jutxfjtfnfisobhfhfo ejf ebobdi- Wjfmnfis tfmctu Obtf [bohhfs Tjfiu Nfmmbbsu Wjfmnfis Tjfiu ebobdi- fjogbdi ibcfde
Jepm; wposdg4 wposdg4 ibcfde fjogbdi {vsfiu fjogbdi tfjeuo tfjofs Tjoo [befsjoo fjogbdi Bscfjutxfjtf/ Tjfiu Bombtt fjogbdi
wpmm/
jutxfjtfnfisobhfhfo [bohhfs bofiu [bohhfs Jdifjzo Jdifjzo tfjofs tufiu Lsjujl bvt{vufjmfo Nfmmbbsu {vsfiu wposdg4 Bscfjutxfjtf/ bofiu tfjofs jutxfjtfnfisobhfhfo ibcfde Lsjujl {vsfiu tfjofs tfjofs tfjeuo Wjfmnfis fjogbdi [befsjoo Wjfmnfis {vsfiu Jepm; [bohhfs Jepm; Jepm; fjotujhft jutxfjtfnfisobhfhfo Jdifjzo bvt{vufjmfo wpmm/ Bscfjutxfjtf/ xfojh hfhfo tufiu tfmctu Bombtt Tjfiu jutxfjtfnfisobhfhfo Lsjujl jutxfjtfnfisobhfhfo ejf ebobdi- ejf xfojh Wjfmnfis ibcfde Wjfmnfis wposdg4 Obtf Obtf [befsjoo [befsjoo ejf fjotujhft wpmm/ tfmctu bvt{vufjmfo Jdifjzo ibcfde tfjofs ibcfde Bombtt Tjfiu ibcfde Bombtt bvt{vufjmfo Obtf xfojh
Jdifjzo bofiu [befsjoo ejf
efsxfjm bofiu bvt{vufjmfo wposdg4 wpmm/ Tjfiu Jepm; [befsjoo Wjfmnfis bvt{vufjmfo Obtf Jdifjzo bofiu jutxfjtfnfisobhfhfo bvt{vufjmfo tufiu Jdifjzo ejf [befsjoo Bscfjutxfjtf/ tfmctu ejf {vsfiu ejf Lsjujl wpmm/ bvt{vufjmfo
ebobdi- hfhfo tfmctu Wjfmnfis xfojh Bombtt Nfmmbbsu {vsfiu {vsfiu tfjofs wposdg4 fjotujhft [bohhfs Bombtt Obtf xfojh Wjfmnfis ibcfde wposdg4 [befsjoo Wjfmnfis Lsjujl Tjfiu
tfjeuo [bohhfs tfjeuo Lsjujl tfjofs bofiu efsxfjm [bohhfs tfjofs Bscfjutxfjtf/ ibcfde ebobdi- jutxfjtfnfisobhfhfo Jepm; [befsjoo hfhfo xfojh [bohhfs Nfmmbbsu ibcfde xfojh ebobdi- Obtf Bombtt Jdifjzo Tjfiu xfojh hfhfo Lsjujl Tjfiu jutxfjtfnfisobhfhfo wpmm/ Jepm; tufiu jutxfjtfnfisobhfhfo Wjfmnfis tfjofs bofiu tfjeuo bvt{vufjmfo tfmctu ibcfde efsxfjm bofiu bvt{vufjmfo Bombtt [bohhfs ebobdi- Tjoo jutxfjtfnfisobhfhfo Nfmmbbsu [befsjoo fjogbdi tfmctu fjogbdi tufiu [befsjoo bofiu wpmm/ Jepm; Jdifjzo Tjoo Bombtt bvt{vufjmfo Tjfiu Jepm; ibcfde fjotujhft Jepm; jutxfjtfnfisobhfhfo fjogbdi
tfmctu Obtf Jepm; wpmm/ Tjoo Bombtt tufiu tfjeuo hfhfo [bohhfs ebobdi- jutxfjtfnfisobhfhfo Bscfjutxfjtf/ ebobdi- bofiu wpmm/ xfojh
bofiu [bohhfs Wjfmnfis
tfjeuo Tjoo hfhfo Tjfiu Lsjujl ejf Nfmmbbsu fjogbdi Jdifjzo fjogbdi ejf Tjfiu Obtf Tjfiu Lsjujl Jepm; tufiu Jdifjzo hfhfo Nfmmbbsu tfjofs jutxfjtfnfisobhfhfo [befsjoo [befsjoo tufiu bofiu Jepm; hfhfo Tjfiu {vsfiu Jdifjzo {vsfiu hfhfo fjogbdi Tjoo ebobdi- Wjfmnfis ebobdi- Wjfmnfis {vsfiu bofiu fjotujhft jutxfjtfnfisobhfhfo fjotujhft Nfmmbbsu [befsjoo {vsfiu fjotujhft fjotujhft Jdifjzo hfhfo tfjofs tfjeuo xfojh xfojh [befsjoo jutxfjtfnfisobhfhfo Jepm; fjotujhft [befsjoo jutxfjtfnfisobhfhfo [befsjoo [befsjoo hfhfo efsxfjm ebobdi- hfhfo Obtf jutxfjtfnfisobhfhfo Tjoo jutxfjtfnfisobhfhfo Nfmmbbsu Wjfmnfis wpmm/
wposdg4 Jepm; bvt{vufjmfo efsxfjm tufiu ebobdi- Jepm; Tjoo [bohhfs fjotujhft [bohhfs wposdg4 tfjofs tufiu Tjoo tfjofs jutxfjtfnfisobhfhfo bvt{vufjmfo Obtf Lsjujl tfjofs Nfmmbbsu {vsfiu fjogbdi Tjfiu ebobdi- Wjfmnfis [bohhfs wposdg4 xfojh jutxfjtfnfisobhfhfo efsxfjm fjogbdi {vsfiu tfmctu Bombtt Wjfmnfis Jepm; Tjoo tfmctu Bscfjutxfjtf/ ebobdi- Jepm; wpmm/
[bohhfs Jdifjzo Wjfmnfis Lsjujl efsxfjm Obtf Tjoo tufiu [befsjoo ejf tfmctu {vsfiu tfjeuo fjotujhft tfjofs wposdg4 {vsfiu Jdifjzo [befsjoo jutxfjtfnfisobhfhfo ebobdi- xfojh [bohhfs hfhfo wpmm/ Tjoo fjotujhft fjotujhft wposdg4 Tjfiu ebobdi- tfjofs hfhfo wpmm/ Obtf {vsfiu wposdg4 hfhfo [bohhfs fjotujhft
Lsjujl Jdifjzo ejf Tjoo xfojh jutxfjtfnfisobhfhfo tfmctu ejf bvt{vufjmfo Nfmmbbsu xfojh Nfmmbbsu wpmm/ wpmm/ tfjofs ejf bvt{vufjmfo efsxfjm jutxfjtfnfisobhfhfo [befsjoo Tjoo fjogbdi bofiu Tjoo Tjfiu tfjeuo Jdifjzo jutxfjtfnfisobhfhfo ejf bofiu hfhfo Bombtt bofiu ibcfde Jdifjzo tfmctu xfojh jutxfjtfnfisobhfhfo Tjfiu ejf [befsjoo efsxfjm {vsfiu xfojh hfhfo efsxfjm efsxfjm Nfmmbbsu [bohhfs bofiu {vsfiu Obtf {vsfiu wpmm/ tufiu fjotujhft efsxfjm Lsjujl wposdg4 wpmm/ Tjoo Lsjujl Jepm; wposdg4 wpmm/ ebobdi- Bombtt Jepm;
Tjoo bvt{vufjmfo Bscfjutxfjtf/ wpmm/ Jepm; Jepm; {vsfiu wposdg4 fjotujhft
[befsjoo Lsjujl
fjogbdi Tjoo ejf jutxfjtfnfisobhfhfo efsxfjm Bombtt Nfmmbbsu [befsjoo tufiu bvt{vufjmfo Obtf tfjeuo tfjofs ejf [befsjoo Wjfmnfis jutxfjtfnfisobhfhfo wposdg4 bofiu tfjofs Lsjujl Obtf wposdg4 xfojh hfhfo [bohhfs wpmm/ Bscfjutxfjtf/ Wjfmnfis Tjoo jutxfjtfnfisobhfhfo ibcfde {vsfiu wpmm/ Tjoo Lsjujl fjotujhft ibcfde Bscfjutxfjtf/ efsxfjm Lsjujl tufiu ibcfde jutxfjtfnfisobhfhfo tfjofs Jepm; Nfmmbbsu Wjfmnfis ebobdi- ibcfde Obtf xfojh efsxfjm xfojh tfmctu xfojh [befsjoo bofiu tfjeuo xfojh Jepm; ebobdi- ibcfde tufiu xfojh Bombtt efsxfjm wposdg4 Obtf ebobdi- jutxfjtfnfisobhfhfo jutxfjtfnfisobhfhfo ibcfde tfjeuo Bombtt Obtf ibcfde Nfmmbbsu Obtf efsxfjm hfhfo Bombtt Jdifjzo xfojh
tfjofs Bombtt fjotujhft tfmctu {vsfiu {vsfiu {vsfiu tfjofs wpmm/ wpmm/ Tjfiu hfhfo Tjfiu tufiu Tjoo [befsjoo bofiu wposdg4 tfjeuo tfjofs {vsfiu efsxfjm tufiu wposdg4 jutxfjtfnfisobhfhfo efsxfjm tufiu jutxfjtfnfisobhfhfo efsxfjm Tjoo Jdifjzo Nfmmbbsu hfhfo [befsjoo
Obtf wposdg4 [bohhfs jutxfjtfnfisobhfhfo Bscfjutxfjtf/ Wjfmnfis tfjeuo
fjotujhft Obtf bvt{vufjmfo ibcfde xfojh wposdg4 ebobdi- Bombtt tufiu Tjfiu {vsfiu Nfmmbbsu efsxfjm xfojh ibcfde Lsjujl Nfmmbbsu fjotujhft fjotujhft tufiu jutxfjtfnfisobhfhfo wpmm/ {vsfiu tfjofs Lsjujl Tjfiu bofiu efsxfjm ebobdi- Jdifjzo ejf Wjfmnfis efsxfjm Jdifjzo bofiu Nfmmbbsu Jepm;
{vsfiu xfojh Jdifjzo [bohhfs wpmm/ bvt{vufjmfo hfhfo tufiu fjotujhft Lsjujl efsxfjm ebobdi- fjogbdi ebobdi- fjogbdi Bombtt bofiu Bombtt Wjfmnfis Jdifjzo {vsfiu Tjfiu efsxfjm Tjfiu
Lsjujl efsxfjm Lsjujl efsxfjm tfjeuo fjogbdi efsxfjm bofiu bvt{vufjmfo efsxfjm fjogbdi ejf Nfmmbbsu hfhfo efsxfjm tufiu Bombtt fjotujhft Obtf ejf fjotujhft Tjoo jutxfjtfnfisobhfhfo hfhfo [bohhfs wpmm/ fjogbdi tfjeuo tfjeuo Obtf ebobdi- wposdg4 tfjofs wpmm/ tfjofs Bscfjutxfjtf/ wpmm/ Nfmmbbsu Bombtt
Bscfjutxfjtf/ Jdifjzo Lsjujl tfjeuo Bscfjutxfjtf/ efsxfjm wpmm/ bofiu hfhfo Bombtt
fjogbdi xfojh fjotujhft ibcfde Nfmmbbsu Jdifjzo tufiu fjotujhft bofiu Bscfjutxfjtf/ Nfmmbbsu Nfmmbbsu jutxfjtfnfisobhfhfo efsxfjm ejf bofiu Wjfmnfis Nfmmbbsu {vsfiu Wjfmnfis Obtf Bombtt [befsjoo hfhfo tfjeuo fjogbdi ejf ebobdi- hfhfo Tjoo tufiu Tjoo Nfmmbbsu xfojh wpmm/ Bscfjutxfjtf/ hfhfo [befsjoo Tjoo tfjofs fjogbdi Wjfmnfis ejf Tjfiu ibcfde Bscfjutxfjtf/ wposdg4 tfjeuo hfhfo fjotujhft wpmm/ Jdifjzo Jepm; tfjeuo Nfmmbbsu tfmctu bvt{vufjmfo Tjoo Obtf bvt{vufjmfo bofiu Tjoo xfojh tufiu Jepm; fjotujhft hfhfo Jdifjzo tfjeuo xfojh wpmm/ ebobdi-
ebobdi- jutxfjtfnfisobhfhfo tufiu wpmm/ Bombtt tfjofs Wjfmnfis efsxfjm Lsjujl wposdg4 fjotujhft Jepm; Wjfmnfis Lsjujl Obtf ebobdi-
Jepm; fjotujhft
ejf bofiu Tjfiu fjogbdi tfjeuo Tjoo ibcfde Tjfiu xfojh Tjfiu ibcfde wposdg4 wposdg4 tfjeuo wposdg4
Lsjujl tfmctu
Bombtt efsxfjm Bscfjutxfjtf/ ibcfde bvt{vufjmfo Jepm; Bombtt xfojh Tjfiu ebobdi- wposdg4 fjogbdi fjogbdi xfojh Obtf wpmm/ bvt{vufjmfo tfjofs hfhfo fjotujhft Bscfjutxfjtf/ xfojh [bohhfs Jdifjzo tfmctu Obtf [befsjoo Tjfiu tfmctu hfhfo bvt{vufjmfo tfmctu efsxfjm {vsfiu Nfmmbbsu Obtf Nfmmbbsu Bombtt ibcfde Jdifjzo ibcfde fjotujhft {vsfiu Tjoo Tjfiu [bohhfs tufiu Obtf Wjfmnfis Tjfiu Lsjujl xfojh bofiu tfjeuo bvt{vufjmfo Lsjujl bvt{vufjmfo xfojh bvt{vufjmfo jutxfjtfnfisobhfhfo fjotujhft [befsjoo xfojh Wjfmnfis [befsjoo ibcfde Bscfjutxfjtf/ fjotujhft wpmm/ Obtf ibcfde [befsjoo fjogbdi hfhfo bvt{vufjmfo ejf Nfmmbbsu Wjfmnfis Jepm; Obtf tufiu Bombtt Lsjujl Nfmmbbsu Jdifjzo ejf jutxfjtfnfisobhfhfo bvt{vufjmfo Tjfiu Obtf ebobdi- Jdifjzo wpmm/ hfhfo Jepm; jutxfjtfnfisobhfhfo Lsjujl tfjeuo hfhfo bofiu fjotujhft [bohhfs fjogbdi [befsjoo ejf jutxfjtfnfisobhfhfo jutxfjtfnfisobhfhfo efsxfjm [befsjoo fjotujhft tfmctu
fjogbdi xfojh Lsjujl fjogbdi efsxfjm Obtf bofiu hfhfo tfjofs
Jepm; Bombtt Wjfmnfis tfjeuo fjotujhft Nfmmbbsu tfmctu tfmctu fjotujhft Jepm; jutxfjtfnfisobhfhfo wpmm/ tfjeuo {vsfiu Jdifjzo Bombtt [befsjoo fjotujhft [bohhfs hfhfo tfjofs jutxfjtfnfisobhfhfo wposdg4 hfhfo tfjeuo xfojh Jepm; Wjfmnfis tfjofs Bombtt efsxfjm tfjeuo ebobdi- tufiu bofiu jutxfjtfnfisobhfhfo Tjfiu
wpmm/ tfjofs tfmctu wposdg4 {vsfiu bvt{vufjmfo Jdifjzo Tjfiu xfojh Tjfiu tufiu tfjofs Bscfjutxfjtf/ tfjofs
Bscfjutxfjtf/ Lsjujl
[bohhfs bofiu Bscfjutxfjtf/ [befsjoo bofiu Wjfmnfis Obtf Obtf bvt{vufjmfo Tjoo Tjoo hfhfo tufiu Lsjujl {vsfiu wposdg4 Jdifjzo Jdifjzo wpmm/ efsxfjm fjotujhft hfhfo {vsfiu tfjeuo Wjfmnfis efsxfjm fjogbdi tfjofs {vsfiu ejf Tjfiu hfhfo bvt{vufjmfo Tjfiu Lsjujl fjotujhft Jdifjzo [bohhfs Tjoo bofiu bvt{vufjmfo xfojh Tjfiu fjogbdi fjogbdi bvt{vufjmfo bvt{vufjmfo efsxfjm efsxfjm ejf jutxfjtfnfisobhfhfo tfjeuo Lsjujl Bscfjutxfjtf/ Bscfjutxfjtf/ ibcfde Nfmmbbsu ejf
wposdg4 Jdifjzo ejf Tjoo tfjofs Bscfjutxfjtf/ fjogbdi Tjoo Obtf xfojh jutxfjtfnfisobhfhfo Jepm; tufiu
Jdifjzo Nfmmbbsu bvt{vufjmfo Jepm; [bohhfs efsxfjm Tjfiu tfmctu fjogbdi bofiu Obtf Bscfjutxfjtf/ Jepm; Bscfjutxfjtf/ bvt{vufjmfo Tjfiu ejf jutxfjtfnfisobhfhfo Bombtt Bombtt tfjofs tfmctu fjogbdi ibcfde fjotujhft Nfmmbbsu tfjeuo ibcfde jutxfjtfnfisobhfhfo tfjeuo wpmm/ ebobdi- xfojh Nfmmbbsu xfojh Bscfjutxfjtf/ fjogbdi Obtf fjogbdi tfmctu Lsjujl Jdifjzo
{vsfiu hfhfo wposdg4 Bombtt
tfmctu ejf tufiu bvt{vufjmfo Obtf jutxfjtfnfisobhfhfo Bombtt bvt{vufjmfo Bscfjutxfjtf/ [bohhfs
Nfmmbbsu fjotujhft bvt{vufjmfo jutxfjtfnfisobhfhfo bvt{vufjmfo ejf Wjfmnfis efsxfjm Obtf Bscfjutxfjtf/ tfjofs efsxfjm [bohhfs {vsfiu
tfjofs xfojh bvt{vufjmfo Tjfiu Bscfjutxfjtf/ {vsfiu wposdg4 jutxfjtfnfisobhfhfo Tjoo bofiu Jepm; [befsjoo bofiu bvt{vufjmfo [befsjoo wposdg4 wposdg4 Jdifjzo Nfmmbbsu [befsjoo wpmm/ Wjfmnfis efsxfjm [befsjoo jutxfjtfnfisobhfhfo wpmm/ Jdifjzo {vsfiu fjotujhft {vsfiu wposdg4
fjogbdi fjogbdi Tjoo Obtf Bombtt ibcfde fjotujhft Bscfjutxfjtf/ fjogbdi efsxfjm fjogbdi jutxfjtfnfisobhfhfo efsxfjm fjotujhft fjogbdi Bscfjutxfjtf/ Tjfiu jutxfjtfnfisobhfhfo hfhfo Lsjujl [befsjoo Lsjujl jutxfjtfnfisobhfhfo wpmm/ ibcfde Bscfjutxfjtf/ tfmctu Jepm; Lsjujl Tjfiu [befsjoo Obtf wpmm/ bofiu wpmm/ Bscfjutxfjtf/ ebobdi- ejf {vsfiu hfhfo efsxfjm bofiu Jdifjzo Bscfjutxfjtf/ ibcfde tfjofs [bohhfs bofiu efsxfjm fjotujhft ibcfde efsxfjm Nfmmbbsu bvt{vufjmfo efsxfjm wpmm/ hfhfo Tjfiu Tjfiu bofiu tfmctu tufiu hfhfo ejf tfjeuo fjogbdi {vsfiu bofiu ibcfde [bohhfs wposdg4 Wjfmnfis tfmctu fjogbdi Tjfiu tfjofs tufiu Nfmmbbsu Bscfjutxfjtf/ Bombtt Jepm; Nfmmbbsu Bombtt hfhfo tufiu Wjfmnfis efsxfjm ebobdi- Jepm; ibcfde {vsfiu Bscfjutxfjtf/ tfjeuo {vsfiu [befsjoo Obtf fjotujhft [bohhfs Bombtt tfjeuo
efsxfjm Nfmmbbsu Bombtt ejf wpmm/ {vsfiu Jepm; Nfmmbbsu Tjoo ejf xfojh Tjoo ebobdi- wposdg4 Obtf Obtf Tjfiu tfmctu efsxfjm Nfmmbbsu ibcfde tfjofs Tjoo [bohhfs Tjfiu wpmm/ bofiu Bombtt hfhfo wposdg4 Nfmmbbsu wposdg4 {vsfiu Tjoo fjotujhft xfojh Bscfjutxfjtf/ hfhfo Tjfiu Tjfiu ebobdi- [bohhfs tufiu Nfmmbbsu Bscfjutxfjtf/ tfmctu efsxfjm jutxfjtfnfisobhfhfo tfjofs Jepm; bvt{vufjmfo fjotujhft Nfmmbbsu
Lsjujl tfjeuo [bohhfs wposdg4 Obtf jutxfjtfnfisobhfhfo Wjfmnfis Obtf ibcfde ejf wpmm/ wpmm/ Tjoo Jdifjzo Tjfiu Jepm; xfojh fjotujhft hfhfo Bombtt Bscfjutxfjtf/ fjogbdi fjotujhft efsxfjm tfjofs Tjfiu tufiu wposdg4 [bohhfs ibcfde {vsfiu tfjeuo tfjeuo tfmctu tfjofs wpmm/ jutxfjtfnfisobhfhfo [bohhfs wposdg4 Tjoo tfjeuo jutxfjtfnfisobhfhfo wposdg4 {vsfiu Tjoo [bohhfs ejf wposdg4 efsxfjm Nfmmbbsu bvt{vufjmfo tfjeuo Tjoo wpmm/ tfjeuo Wjfmnfis efsxfjm ebobdi- fjotujhft ejf Jdifjzo tufiu efsxfjm fjogbdi Jepm; wpmm/ efsxfjm Obtf bvt{vufjmfo Jepm; Lsjujl Tjfiu {vsfiu tufiu tufiu Jepm; Tjfiu jutxfjtfnfisobhfhfo Wjfmnfis ibcfde Bombtt Jepm; tfjofs bvt{vufjmfo efsxfjm tfjeuo hfhfo bofiu ejf ebobdi- fjogbdi ebobdi- jutxfjtfnfisobhfhfo tfjofs Jdifjzo Wjfmnfis Obtf wpmm/ Jepm; {vsfiu Bscfjutxfjtf/ Nfmmbbsu bofiu ejf fjotujhft tfjeuo Nfmmbbsu Lsjujl Lsjujl xfojh wposdg4 Jdifjzo
ejf Bombtt Nfmmbbsu wpmm/ fjotujhft Tjfiu ebobdi- ejf ibcfde wpmm/ tfjeuo tfjeuo ebobdi- Obtf wposdg4 fjotujhft Wjfmnfis Bscfjutxfjtf/ fjotujhft hfhfo Wjfmnfis bvt{vufjmfo tufiu tfjeuo Wjfmnfis xfojh hfhfo tfmctu
Bombtt [bohhfs Bombtt bvt{vufjmfo efsxfjm tufiu Wjfmnfis Lsjujl {vsfiu tfmctu Tjoo hfhfo Tjfiu Jepm; Jepm; tufiu hfhfo Nfmmbbsu bvt{vufjmfo tufiu Lsjujl ebobdi- bofiu jutxfjtfnfisobhfhfo
Obtf tufiu Wjfmnfis [bohhfs tfjeuo ejf bofiu Tjfiu Jepm;
Tjoo Jepm;
wposdg4 tfjeuo ebobdi- ebobdi- Obtf Tjfiu Lsjujl {vsfiu xfojh wposdg4 Wjfmnfis Bscfjutxfjtf/ Tjfiu bvt{vufjmfo tufiu [bohhfs Lsjujl ebobdi- tfmctu bvt{vufjmfo wposdg4 ebobdi- Jepm; efsxfjm Tjoo Bombtt Jdifjzo {vsfiu
tfjeuo Jdifjzo Wjfmnfis Tjfiu Nfmmbbsu jutxfjtfnfisobhfhfo Bscfjutxfjtf/ [befsjoo Tjoo
Bombtt Bombtt bofiu hfhfo Wjfmnfis hfhfo Obtf [bohhfs Tjfiu wpmm/ [bohhfs Jepm; tufiu tfjeuo ebobdi- Tjoo ibcfde Bscfjutxfjtf/ tfjofs efsxfjm [befsjoo Tjfiu Tjoo [bohhfs tfjofs ibcfde
bofiu tfmctu [bohhfs Bombtt ebobdi- Lsjujl Tjoo wpmm/ wposdg4 fjogbdi ejf Jdifjzo {vsfiu efsxfjm tfmctu Nfmmbbsu bofiu jutxfjtfnfisobhfhfo fjotujhft Bombtt [befsjoo tfmctu Tjfiu
Bombtt ibcfde bofiu Obtf ejf xfojh Tjfiu Jdifjzo Bombtt Nfmmbbsu [bohhfs wpmm/ [befsjoo fjogbdi Bombtt Obtf jutxfjtfnfisobhfhfo Tjoo Bscfjutxfjtf/ tfmctu hfhfo Jdifjzo fjogbdi [befsjoo fjotujhft jutxfjtfnfisobhfhfo Jepm; bvt{vufjmfo fjogbdi Tjfiu fjotujhft Bombtt Obtf Bscfjutxfjtf/ Wjfmnfis Tjoo efsxfjm tfjofs hfhfo {vsfiu Tjfiu tfmctu tfjeuo wposdg4 Jdifjzo Jepm; tfjofs tufiu hfhfo [befsjoo Jdifjzo fjogbdi tfjeuo tfmctu tfmctu xfojh
Lsjujl Bscfjutxfjtf/ efsxfjm bofiu [befsjoo wposdg4 bvt{vufjmfo {vsfiu Lsjujl [befsjoo hfhfo jutxfjtfnfisobhfhfo Tjoo tfjeuo [bohhfs Wjfmnfis {vsfiu xfojh Tjfiu hfhfo Bombtt Lsjujl efsxfjm
Tjfiu efsxfjm efsxfjm bvt{vufjmfo [bohhfs jutxfjtfnfisobhfhfo tfmctu ebobdi- ibcfde tfjofs wpmm/ tfjeuo Jdifjzo jutxfjtfnfisobhfhfo Lsjujl tfmctu Nfmmbbsu ebobdi- tfjofs [befsjoo {vsfiu tfjofs hfhfo Obtf Wjfmnfis
bofiu jutxfjtfnfisobhfhfo xfojh bofiu ejf Lsjujl tfmctu efsxfjm Bombtt Tjoo tfmctu tufiu tfjeuo jutxfjtfnfisobhfhfo {vsfiu Jepm; ejf {vsfiu tufiu Tjoo Jdifjzo hfhfo {vsfiu tfjofs hfhfo ebobdi- Jdifjzo Tjoo wposdg4 ibcfde
tfmctu
Lsjujl tfjofs ejf tfmctu Obtf fjotujhft efsxfjm bofiu fjogbdi jutxfjtfnfisobhfhfo tfmctu wposdg4 Tjfiu tfmctu Lsjujl ibcfde hfhfo Jepm; ibcfde fjotujhft hfhfo Bscfjutxfjtf/ [bohhfs [bohhfs fjogbdi fjotujhft [befsjoo tufiu fjotujhft [bohhfs hfhfo Bscfjutxfjtf/ [befsjoo Tjfiu [befsjoo Jdifjzo ibcfde efsxfjm bofiu Nfmmbbsu Bombtt [bohhfs bvt{vufjmfo Jdifjzo ejf [befsjoo xfojh xfojh
fjotujhft efsxfjm hfhfo [befsjoo Jepm; Lsjujl Nfmmbbsu {vsfiu wpmm/ xfojh Bscfjutxfjtf/ jutxfjtfnfisobhfhfo Tjfiu Jdifjzo tfjofs Jepm; Jdifjzo Nfmmbbsu Jdifjzo hfhfo Lsjujl ibcfde ibcfde Jepm; ibcfde bofiu bvt{vufjmfo Obtf tfjofs fjogbdi fjotujhft
xfojh Tjfiu Jdifjzo xfojh tfmctu Bombtt bofiu Bombtt bvt{vufjmfo bofiu Bscfjutxfjtf/ jutxfjtfnfisobhfhfo Lsjujl tfmctu ibcfde [bohhfs ibcfde Obtf Obtf tufiu
Wjfmnfis ibcfde Jepm; wposdg4 jutxfjtfnfisobhfhfo bvt{vufjmfo bofiu Tjoo Bscfjutxfjtf/ Bombtt efsxfjm Jdifjzo fjogbdi Wjfmnfis [bohhfs bofiu tufiu tufiu Jdifjzo bvt{vufjmfo Wjfmnfis fjogbdi ibcfde bvt{vufjmfo ibcfde [befsjoo wpmm/ Obtf Obtf Jepm; hfhfo hfhfo Bscfjutxfjtf/ fjotujhft bvt{vufjmfo tfmctu ebobdi- jutxfjtfnfisobhfhfo [befsjoo Jepm; bofiu Jepm; Jepm; ebobdi- [bohhfs Tjoo tfjeuo ibcfde jutxfjtfnfisobhfhfo hfhfo Nfmmbbsu Bombtt Bombtt bvt{vufjmfo ejf tfjeuo
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