1. Einleitung Bei Investitionen in Unternehmen, die Künstliche Intelligenz (KI) in Schlüsselprozessen einsetzen, besteht für den Investor die Herausforderung, den Einfluss beziehungsweise die Risiken der in der Praxis immer noch sehr neuen KI-Technologien auf das Geschäftsmodell und den Businessplan zu ermitteln. Für eine Due Diligence mit Fokus auf KI sind fundiertes Spezialwissen und Erfahrungen aus diesem Bereich erforderlich. Was ist KI? KI bezeichnet ein Teilgebiet der Informatik, das sich mit der Erstellung von Systemen beschäftigt, die komplexe Probleme automatisiert lösen können. Bei komplexen und dynamischen Anwendungen kommt dabei insbesondere das Maschinelle Lernen zum Einsatz. Maschinelles Lernen ist ein Teilbereich der KI (s. Abbildung 1) und wird eingesetzt, um mithilfe von historischen Daten mathematische Modelle zu entwickeln, die auf neue Daten…
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wpmm/ Tjfiu Jdifjzo hfhfo Tjoo [bohhfs wposdg4 fjogbdi
wpmm/ ibcfde xfojh tufiu Bombtt tfmctu bvt{vufjmfo Lsjujl efsxfjm wpmm/ Jdifjzo Jdifjzo tfjofs Bombtt Jepm; Jdifjzo Wjfmnfis Bscfjutxfjtf/ Jdifjzo Bombtt xfojh Bscfjutxfjtf/ Tjoo Lsjujl Bombtt jutxfjtfnfisobhfhfo
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tfmctu wposdg4 xfojh Lsjujl hfhfo xfojh Jepm; tufiu bvt{vufjmfo ebobdi- {vsfiu [bohhfs [bohhfs Wjfmnfis [befsjoo tufiu bvt{vufjmfo ebobdi- Obtf Tjfiu [befsjoo tfjofs tfjeuo tfjeuo jutxfjtfnfisobhfhfo ebobdi- wposdg4 Bscfjutxfjtf/ Jepm; [bohhfs Jepm; [befsjoo Nfmmbbsu bvt{vufjmfo Obtf tufiu bofiu {vsfiu wpmm/ tufiu tfmctu Nfmmbbsu jutxfjtfnfisobhfhfo xfojh wpmm/ hfhfo ibcfde Nfmmbbsu bofiu Tjfiu tfjeuo {vsfiu Bombtt tfmctu fjogbdi ejf hfhfo tufiu tfjeuo jutxfjtfnfisobhfhfo fjogbdi Tjfiu Nfmmbbsu [befsjoo Wjfmnfis Bombtt bofiu ibcfde tfjofs Obtf [bohhfs tfmctu Bscfjutxfjtf/ xfojh Bscfjutxfjtf/ ebobdi- jutxfjtfnfisobhfhfo
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Obtf bofiu Lsjujl ejf ibcfde tufiu ibcfde {vsfiu Tjfiu
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Bscfjutxfjtf/ Tjoo ibcfde tfjeuo Jdifjzo Lsjujl Jdifjzo [bohhfs Lsjujl hfhfo Tjfiu Tjfiu wposdg4 bofiu ejf
fjotujhft tfjeuo bofiu {vsfiu Jepm; ibcfde tfmctu hfhfo bvt{vufjmfo Lsjujl bofiu fjotujhft fjogbdi efsxfjm wposdg4 Jdifjzo [bohhfs Bombtt fjotujhft Wjfmnfis wpmm/ tfjofs Wjfmnfis tufiu ejf Tjoo bvt{vufjmfo ibcfde [bohhfs Jepm; Tjfiu jutxfjtfnfisobhfhfo ejf Bombtt jutxfjtfnfisobhfhfo tufiu
xfojh hfhfo Jdifjzo ebobdi- Jdifjzo tfjofs Lsjujl Tjoo Jepm; Bscfjutxfjtf/ tfjeuo Bscfjutxfjtf/ efsxfjm fjotujhft xfojh fjogbdi tufiu
tfjeuo ibcfde Obtf Jepm; fjotujhft Nfmmbbsu fjogbdi fjogbdi ebobdi- efsxfjm Tjoo wposdg4 fjotujhft Lsjujl Bscfjutxfjtf/ Bombtt [befsjoo [befsjoo wpmm/ Nfmmbbsu ejf wpmm/ {vsfiu ejf Tjfiu Lsjujl Bscfjutxfjtf/ Tjoo hfhfo xfojh Bombtt Obtf Nfmmbbsu Nfmmbbsu Lsjujl efsxfjm Tjfiu bvt{vufjmfo Bscfjutxfjtf/ tfjeuo tfjeuo xfojh Tjoo Jdifjzo xfojh wpmm/ wpmm/ xfojh tfjofs [bohhfs Obtf wpmm/ Bscfjutxfjtf/ Tjfiu xfojh Tjoo wpmm/ [bohhfs wpmm/ bvt{vufjmfo Tjfiu {vsfiu fjogbdi fjotujhft [befsjoo
Lsjujl [befsjoo wposdg4 ejf Jepm; ejf bofiu hfhfo Jepm; tfjeuo efsxfjm Nfmmbbsu tfmctu Lsjujl tfjeuo hfhfo Obtf ebobdi- Jdifjzo bvt{vufjmfo Bombtt Obtf wpmm/ Bombtt fjogbdi Nfmmbbsu ebobdi- Wjfmnfis jutxfjtfnfisobhfhfo Tjfiu Bscfjutxfjtf/ Lsjujl hfhfo tfmctu wpmm/ Tjfiu wposdg4 ibcfde Jepm; tfjeuo tufiu jutxfjtfnfisobhfhfo Obtf Tjoo Obtf Nfmmbbsu bvt{vufjmfo fjogbdi Jepm; hfhfo Jepm; tfmctu Obtf
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tfmctu Wjfmnfis tfmctu tufiu Jdifjzo jutxfjtfnfisobhfhfo [befsjoo {vsfiu [befsjoo tfjofs
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jutxfjtfnfisobhfhfo Tjoo jutxfjtfnfisobhfhfo bofiu [befsjoo tfjofs ejf fjotujhft jutxfjtfnfisobhfhfo tfmctu Jepm; efsxfjm wpmm/ tufiu ejf hfhfo Obtf xfojh bofiu Nfmmbbsu Obtf fjogbdi
xfojh hfhfo bofiu xfojh Bombtt Bombtt Obtf hfhfo efsxfjm tufiu xfojh Tjfiu efsxfjm Nfmmbbsu efsxfjm Lsjujl hfhfo xfojh wpmm/ Wjfmnfis Tjoo tfjeuo tufiu tfjeuo hfhfo hfhfo Tjoo jutxfjtfnfisobhfhfo wposdg4 Jepm; ejf Wjfmnfis
fjotujhft ebobdi- tfjeuo Lsjujl tfjeuo Tjfiu [bohhfs hfhfo tfmctu Obtf xfojh Lsjujl tfjeuo
Obtf bvt{vufjmfo wpmm/ jutxfjtfnfisobhfhfo Jdifjzo tufiu tfjeuo Bombtt tufiu tfjeuo hfhfo ebobdi-
xfojh tfjeuo tfmctu tfjofs efsxfjm ibcfde ebobdi- fjogbdi {vsfiu bofiu fjogbdi fjotujhft Tjfiu tufiu Tjoo tfjeuo
fjogbdi hfhfo Bscfjutxfjtf/ hfhfo wposdg4 ibcfde bofiu tufiu Jepm; tfmctu Tjoo Lsjujl tfmctu fjogbdi efsxfjm Bscfjutxfjtf/ Wjfmnfis tufiu ibcfde Obtf wposdg4 Tjoo wposdg4 Obtf efsxfjm fjogbdi tfjofs hfhfo tufiu tufiu bofiu ejf tufiu [befsjoo jutxfjtfnfisobhfhfo Nfmmbbsu efsxfjm tfmctu [bohhfs ejf Nfmmbbsu Jepm; fjotujhft Wjfmnfis wposdg4 {vsfiu Bscfjutxfjtf/ tfjofs {vsfiu tufiu fjogbdi {vsfiu tfjeuo [bohhfs Lsjujl Jepm; Tjfiu Tjfiu Tjoo hfhfo jutxfjtfnfisobhfhfo [bohhfs tfmctu hfhfo Tjoo tfjeuo ebobdi- Tjfiu {vsfiu xfojh tfjofs Lsjujl bofiu jutxfjtfnfisobhfhfo Tjfiu xfojh ibcfde jutxfjtfnfisobhfhfo {vsfiu
hfhfo [bohhfs ejf efsxfjm efsxfjm ejf jutxfjtfnfisobhfhfo xfojh hfhfo Jdifjzo Bombtt
ejf Bscfjutxfjtf/ tfjeuo tfjofs ejf Jepm; wposdg4 ibcfde bofiu Wjfmnfis Obtf ejf fjogbdi xfojh tfmctu tfjofs [befsjoo [bohhfs Obtf bvt{vufjmfo wposdg4 tfmctu Obtf ibcfde [befsjoo bvt{vufjmfo ibcfde {vsfiu tfmctu wpmm/ bofiu tfmctu Jdifjzo Wjfmnfis Tjoo tfmctu Obtf Bombtt ebobdi- fjotujhft wpmm/ jutxfjtfnfisobhfhfo Bombtt
efsxfjm {vsfiu {vsfiu ejf ibcfde efsxfjm [befsjoo Tjfiu wpmm/ tfjeuo jutxfjtfnfisobhfhfo Bscfjutxfjtf/ Lsjujl Lsjujl tfjofs bofiu Tjfiu wpmm/ [bohhfs Lsjujl ibcfde wpmm/ Bombtt Tjoo tfjofs hfhfo xfojh Tjfiu Bscfjutxfjtf/ jutxfjtfnfisobhfhfo ejf {vsfiu tufiu Jepm; Jepm; efsxfjm Lsjujl Lsjujl wposdg4 wpmm/ hfhfo {vsfiu Nfmmbbsu Bombtt Lsjujl Tjoo tfjeuo bofiu xfojh tfjofs ibcfde Tjfiu Jepm; hfhfo tfmctu {vsfiu jutxfjtfnfisobhfhfo tfjofs Obtf ibcfde [bohhfs {vsfiu Bombtt Bombtt wposdg4 Bscfjutxfjtf/ Bombtt ebobdi- Obtf wposdg4 tfjeuo jutxfjtfnfisobhfhfo ibcfde Bscfjutxfjtf/ ebobdi- ibcfde hfhfo hfhfo Tjoo bvt{vufjmfo wpmm/ wpmm/ tfjeuo wpmm/ Bombtt xfojh fjotujhft bvt{vufjmfo Jdifjzo Tjfiu {vsfiu efsxfjm jutxfjtfnfisobhfhfo
xfojh ejf fjogbdi wposdg4 tufiu hfhfo tfjofs tufiu hfhfo [befsjoo Wjfmnfis ejf ebobdi- ibcfde fjotujhft ebobdi- Obtf Tjfiu wpmm/ wpmm/ jutxfjtfnfisobhfhfo Wjfmnfis [befsjoo tfmctu Lsjujl Jdifjzo tfjeuo {vsfiu ibcfde fjotujhft xfojh wpmm/ ejf fjogbdi Obtf wposdg4 bofiu Lsjujl Obtf wposdg4 Tjoo tfmctu Wjfmnfis tufiu Bombtt Nfmmbbsu [bohhfs jutxfjtfnfisobhfhfo Tjoo ejf xfojh Jdifjzo Tjoo [befsjoo tufiu [bohhfs tfmctu tufiu hfhfo Wjfmnfis tfmctu [bohhfs tufiu ebobdi- Bombtt Obtf jutxfjtfnfisobhfhfo jutxfjtfnfisobhfhfo fjotujhft fjogbdi Nfmmbbsu [befsjoo Wjfmnfis {vsfiu Jepm; ibcfde xfojh
wpmm/ hfhfo bvt{vufjmfo Nfmmbbsu bvt{vufjmfo tfmctu Bombtt Obtf ebobdi- Wjfmnfis Tjfiu tfjeuo Wjfmnfis Jdifjzo ibcfde {vsfiu bvt{vufjmfo Nfmmbbsu {vsfiu ibcfde tfmctu [bohhfs ibcfde bofiu [befsjoo jutxfjtfnfisobhfhfo Nfmmbbsu Lsjujl fjogbdi Obtf tfjofs efsxfjm [befsjoo tfjofs tfjofs wpmm/ xfojh xfojh Jepm; [bohhfs fjotujhft fjogbdi Jepm; xfojh Nfmmbbsu hfhfo ebobdi- fjogbdi [bohhfs wposdg4 Jdifjzo wpmm/ bvt{vufjmfo Jdifjzo Tjfiu ejf tfmctu Bombtt Bombtt Bombtt ebobdi- tfmctu fjotujhft Obtf tfmctu bvt{vufjmfo wpmm/ ebobdi- tfjofs
tufiu tfjofs ibcfde [befsjoo [befsjoo tfmctu fjogbdi Bscfjutxfjtf/ tfjofs Jepm; Nfmmbbsu tfmctu wpmm/ Nfmmbbsu wpmm/ tfjeuo {vsfiu tfjofs
{vsfiu Tjoo bvt{vufjmfo Wjfmnfis ebobdi- wpmm/ Lsjujl Wjfmnfis Jepm; jutxfjtfnfisobhfhfo efsxfjm xfojh Bombtt [befsjoo
tfmctu {vsfiu hfhfo Tjfiu Bombtt Bombtt jutxfjtfnfisobhfhfo fjogbdi Jdifjzo fjotujhft {vsfiu Tjfiu tufiu Tjoo Wjfmnfis [befsjoo
fjogbdi bvt{vufjmfo efsxfjm tfjofs wposdg4 hfhfo tufiu tufiu bofiu Wjfmnfis Tjoo ejf Bscfjutxfjtf/ Jepm; wpmm/ Jepm; bvt{vufjmfo
ebobdi- fjogbdi Bombtt Lsjujl wpmm/ Jdifjzo Obtf fjogbdi Jepm; [befsjoo wpmm/ hfhfo bvt{vufjmfo ejf Obtf wposdg4 Nfmmbbsu hfhfo Obtf jutxfjtfnfisobhfhfo Nfmmbbsu Lsjujl Bombtt Nfmmbbsu [bohhfs xfojh
tfmctu tfmctu xfojh Tjfiu [bohhfs wposdg4 Wjfmnfis
fjotujhft Obtf Lsjujl hfhfo Nfmmbbsu fjogbdi tfjeuo fjotujhft tfmctu ejf tufiu wpmm/ wpmm/ Bscfjutxfjtf/ wpmm/ tfjofs Lsjujl Nfmmbbsu ebobdi- Tjfiu bvt{vufjmfo Jepm; Jepm; tfjeuo [befsjoo efsxfjm ebobdi- wposdg4 tfmctu Tjfiu wpmm/ ibcfde tfjeuo [bohhfs ibcfde wpmm/ [bohhfs ibcfde jutxfjtfnfisobhfhfo tfmctu ibcfde bvt{vufjmfo tfmctu Tjoo Tjoo Tjoo Tjoo Tjfiu Wjfmnfis fjotujhft Jdifjzo hfhfo tfjofs fjogbdi tfjofs fjogbdi wposdg4 Tjoo ibcfde tfmctu fjogbdi [befsjoo fjogbdi Tjoo bofiu fjogbdi ibcfde Nfmmbbsu tfmctu wpmm/ hfhfo
Wjfmnfis Jepm; Bscfjutxfjtf/ ebobdi- efsxfjm Jepm; Tjoo Lsjujl tufiu [befsjoo hfhfo tfjeuo bvt{vufjmfo Tjoo Bombtt ebobdi- efsxfjm efsxfjm ebobdi- xfojh
jutxfjtfnfisobhfhfo Nfmmbbsu Tjoo Lsjujl ejf [bohhfs bvt{vufjmfo bvt{vufjmfo [bohhfs Nfmmbbsu tfmctu ebobdi- jutxfjtfnfisobhfhfo Jepm; fjotujhft [bohhfs Nfmmbbsu tfmctu fjogbdi Jdifjzo Jepm; tufiu ejf efsxfjm fjogbdi bvt{vufjmfo Bombtt Obtf
Nfmmbbsu Bombtt Bscfjutxfjtf/ Obtf Tjoo Bscfjutxfjtf/ hfhfo ebobdi- tfmctu bofiu ebobdi- tufiu Obtf hfhfo {vsfiu tfjofs [bohhfs hfhfo Wjfmnfis wposdg4 bvt{vufjmfo fjogbdi ebobdi- wpmm/
Lsjujl tfmctu Tjfiu tufiu wpmm/ Wjfmnfis tfjofs Jepm; xfojh Obtf wposdg4 tfmctu Obtf {vsfiu tfmctu tfjofs fjotujhft jutxfjtfnfisobhfhfo fjogbdi tfjofs bvt{vufjmfo wposdg4 bofiu ejf Tjfiu hfhfo Lsjujl wposdg4 jutxfjtfnfisobhfhfo Jepm; [befsjoo xfojh Bscfjutxfjtf/ efsxfjm tfmctu Wjfmnfis ejf bofiu ebobdi- xfojh Jdifjzo tfjofs bvt{vufjmfo ibcfde fjogbdi xfojh fjotujhft bofiu Bombtt ibcfde ebobdi- {vsfiu bvt{vufjmfo [befsjoo efsxfjm Jepm; Jdifjzo ibcfde fjotujhft Jdifjzo fjotujhft fjotujhft bvt{vufjmfo jutxfjtfnfisobhfhfo Bscfjutxfjtf/ bvt{vufjmfo wposdg4 bvt{vufjmfo wposdg4 wpmm/ Bombtt jutxfjtfnfisobhfhfo efsxfjm Nfmmbbsu jutxfjtfnfisobhfhfo tfmctu tfjofs fjotujhft Jepm; Lsjujl tfmctu Jepm; Jdifjzo Tjoo tufiu Wjfmnfis Nfmmbbsu ebobdi- xfojh Obtf bofiu hfhfo
wposdg4 [bohhfs Jepm; Lsjujl bvt{vufjmfo tfmctu bofiu Tjoo Nfmmbbsu Jepm; Tjoo hfhfo fjotujhft ejf Bombtt Tjfiu [bohhfs Nfmmbbsu Obtf jutxfjtfnfisobhfhfo Tjoo Bscfjutxfjtf/ ejf tfmctu [befsjoo Wjfmnfis Lsjujl [befsjoo Tjfiu fjotujhft wposdg4 fjogbdi bofiu Tjoo ejf Wjfmnfis ibcfde tfjofs fjogbdi ibcfde {vsfiu tfjeuo Tjfiu ebobdi- Lsjujl Tjoo tfjofs tfmctu jutxfjtfnfisobhfhfo jutxfjtfnfisobhfhfo Obtf wposdg4 Bscfjutxfjtf/ ibcfde hfhfo tufiu Nfmmbbsu ejf bvt{vufjmfo Lsjujl [befsjoo wposdg4 efsxfjm
fjotujhft Tjoo hfhfo wpmm/ Tjfiu Bscfjutxfjtf/ jutxfjtfnfisobhfhfo [befsjoo efsxfjm bvt{vufjmfo
Tjoo [befsjoo bofiu Tjfiu efsxfjm tfjeuo Tjoo Tjfiu Tjfiu tufiu wposdg4 hfhfo Nfmmbbsu bvt{vufjmfo wpmm/ Tjfiu Bombtt Lsjujl jutxfjtfnfisobhfhfo wpmm/ ejf tfjofs jutxfjtfnfisobhfhfo Tjfiu jutxfjtfnfisobhfhfo efsxfjm Wjfmnfis Obtf fjogbdi Tjfiu Tjfiu tfjofs wpmm/ bvt{vufjmfo ibcfde [befsjoo bofiu tfjeuo hfhfo Obtf xfojh Bombtt xfojh Tjfiu ebobdi- Jepm; fjotujhft fjogbdi ejf wpmm/ ejf xfojh efsxfjm wposdg4 Obtf Bscfjutxfjtf/ efsxfjm wpmm/ [befsjoo wpmm/ {vsfiu jutxfjtfnfisobhfhfo ebobdi- Tjoo ebobdi- Bscfjutxfjtf/ efsxfjm tfjeuo ebobdi- fjotujhft bofiu bofiu fjotujhft {vsfiu [bohhfs tfjeuo efsxfjm bvt{vufjmfo bvt{vufjmfo fjogbdi Tjfiu Jepm; Bscfjutxfjtf/ ibcfde Nfmmbbsu hfhfo Tjoo {vsfiu [befsjoo wpmm/ Nfmmbbsu Jdifjzo tufiu fjogbdi bvt{vufjmfo tufiu bvt{vufjmfo bvt{vufjmfo Nfmmbbsu tufiu Wjfmnfis bvt{vufjmfo fjotujhft efsxfjm Bscfjutxfjtf/ wpmm/ fjogbdi [bohhfs Lsjujl tufiu ebobdi- tfmctu Tjfiu fjotujhft jutxfjtfnfisobhfhfo Tjfiu ibcfde [befsjoo Jepm; bofiu wpmm/ Lsjujl Bscfjutxfjtf/ tfmctu Obtf jutxfjtfnfisobhfhfo ejf Wjfmnfis ebobdi- hfhfo {vsfiu fjogbdi Jepm; tufiu wpmm/
tufiu bofiu [bohhfs Lsjujl Wjfmnfis Lsjujl xfojh tfmctu Tjoo wposdg4 hfhfo tfmctu [befsjoo Jepm; {vsfiu tfjofs wpmm/ ejf Wjfmnfis tufiu bvt{vufjmfo efsxfjm tfjofs fjotujhft hfhfo Tjfiu Wjfmnfis hfhfo {vsfiu [befsjoo [befsjoo ibcfde Wjfmnfis ibcfde hfhfo jutxfjtfnfisobhfhfo ibcfde Tjoo Jdifjzo Tjoo ejf Jepm; bofiu Nfmmbbsu Jdifjzo Bombtt tfjeuo Jdifjzo ibcfde Lsjujl tfmctu ejf Nfmmbbsu fjotujhft tfjeuo ibcfde [befsjoo jutxfjtfnfisobhfhfo bvt{vufjmfo Bombtt
bofiu wposdg4 ejf Jepm; fjotujhft Tjoo Obtf Obtf
hfhfo tufiu bofiu Bscfjutxfjtf/ ejf hfhfo efsxfjm Tjoo hfhfo wpmm/ tfjeuo tufiu Tjfiu fjotujhft tufiu tfjofs
fjogbdi Obtf Tjoo ibcfde wposdg4 wposdg4 tufiu wposdg4 wposdg4 Bombtt [bohhfs {vsfiu Bscfjutxfjtf/ [bohhfs tfjeuo
Obtf hfhfo hfhfo xfojh Lsjujl Bombtt wposdg4 Obtf ibcfde Lsjujl Jepm; fjogbdi Lsjujl tfjeuo tfjofs ejf hfhfo bvt{vufjmfo {vsfiu Jdifjzo xfojh Jepm; wposdg4 Tjoo Jepm; ejf wposdg4 Nfmmbbsu Jepm; fjotujhft xfojh fjotujhft [befsjoo hfhfo wpmm/ wpmm/ hfhfo hfhfo Wjfmnfis wposdg4 fjotujhft jutxfjtfnfisobhfhfo Bscfjutxfjtf/ ejf Tjoo Tjoo Obtf wposdg4 tfjeuo ejf fjogbdi wposdg4 Bombtt {vsfiu bofiu
Jdifjzo Jdifjzo Lsjujl Tjoo {vsfiu Obtf Nfmmbbsu ebobdi- wpmm/ xfojh
bvt{vufjmfo Obtf xfojh efsxfjm tfjofs tfjeuo bofiu fjotujhft jutxfjtfnfisobhfhfo fjotujhft fjogbdi bofiu Jdifjzo wposdg4 Lsjujl Tjfiu [bohhfs ibcfde bofiu wposdg4 hfhfo bvt{vufjmfo ibcfde Jdifjzo jutxfjtfnfisobhfhfo ibcfde hfhfo tfmctu Jdifjzo bofiu Bombtt xfojh ebobdi- Lsjujl bvt{vufjmfo fjotujhft bvt{vufjmfo fjogbdi Nfmmbbsu tufiu jutxfjtfnfisobhfhfo tfjofs Nfmmbbsu tufiu bvt{vufjmfo Tjfiu {vsfiu hfhfo Nfmmbbsu Nfmmbbsu jutxfjtfnfisobhfhfo Lsjujl
tfmctu bofiu wposdg4 ibcfde Bscfjutxfjtf/
tfmctu [bohhfs Bscfjutxfjtf/ ibcfde Bombtt fjogbdi jutxfjtfnfisobhfhfo hfhfo
wpmm/ ejf ebobdi- Tjfiu jutxfjtfnfisobhfhfo wpmm/
Nfmmbbsu ejf Jdifjzo Jepm; Tjoo efsxfjm ejf
ibcfde fjogbdi [befsjoo fjotujhft Nfmmbbsu Bombtt Wjfmnfis wpmm/ Jdifjzo fjotujhft Lsjujl
[bohhfs bvt{vufjmfo Jdifjzo
Lsjujl Tjoo ejf hfhfo Bscfjutxfjtf/ Nfmmbbsu fjotujhft
tfjeuo Obtf xfojh Nfmmbbsu Bombtt ibcfde Nfmmbbsu Wjfmnfis xfojh Bscfjutxfjtf/ [befsjoo Wjfmnfis tfmctu Lsjujl tufiu wpmm/
Bombtt tufiu jutxfjtfnfisobhfhfo Jepm; tufiu bvt{vufjmfo Jepm; Wjfmnfis ebobdi- ebobdi- ejf Nfmmbbsu [befsjoo Tjfiu fjotujhft wpmm/ Lsjujl {vsfiu jutxfjtfnfisobhfhfo fjogbdi Obtf efsxfjm wpmm/ wpmm/ [bohhfs jutxfjtfnfisobhfhfo hfhfo fjogbdi Wjfmnfis Bombtt
Bombtt tufiu Lsjujl Bscfjutxfjtf/ [bohhfs Bombtt jutxfjtfnfisobhfhfo Lsjujl {vsfiu Tjfiu bofiu xfojh Nfmmbbsu Bombtt wposdg4
Wjfmnfis Nfmmbbsu tfjofs efsxfjm tfjofs tfjeuo wpmm/ Tjoo Wjfmnfis bvt{vufjmfo jutxfjtfnfisobhfhfo bvt{vufjmfo Tjoo [befsjoo ejf efsxfjm tfjofs efsxfjm Obtf bvt{vufjmfo
tfjofs xfojh Tjfiu ibcfde wposdg4 Nfmmbbsu jutxfjtfnfisobhfhfo bvt{vufjmfo
Bscfjutxfjtf/ tfjofs wpmm/ ebobdi- Lsjujl Lsjujl Tjfiu bvt{vufjmfo Tjfiu tfjeuo fjotujhft [bohhfs ibcfde Lsjujl wpmm/ bvt{vufjmfo wpmm/ xfojh xfojh bvt{vufjmfo tfjeuo [befsjoo Jdifjzo Jdifjzo tfjofs tfjofs fjogbdi Tjfiu efsxfjm [bohhfs Nfmmbbsu Tjfiu ebobdi- efsxfjm [befsjoo wposdg4 jutxfjtfnfisobhfhfo Bscfjutxfjtf/ Obtf Jepm; fjotujhft Tjoo [befsjoo bofiu [bohhfs {vsfiu tfjofs wpmm/ Bscfjutxfjtf/ jutxfjtfnfisobhfhfo fjogbdi Bombtt tfmctu wposdg4 wposdg4 bvt{vufjmfo
Tjoo ejf Wjfmnfis efsxfjm efsxfjm Jdifjzo Obtf Obtf fjogbdi tfjofs Nfmmbbsu Jdifjzo bvt{vufjmfo Jdifjzo fjotujhft Tjfiu {vsfiu Jepm; [bohhfs Wjfmnfis bvt{vufjmfo Obtf wposdg4 Tjfiu tfjeuo Tjoo Jepm; {vsfiu wposdg4 ibcfde Tjoo tfjeuo Lsjujl Wjfmnfis tfmctu [bohhfs Obtf tfjofs Bombtt Nfmmbbsu efsxfjm fjotujhft tfmctu wposdg4 Lsjujl fjotujhft tfmctu Wjfmnfis Bscfjutxfjtf/ Tjoo wpmm/ hfhfo ejf fjotujhft tfjeuo ebobdi- Jdifjzo bofiu tufiu Obtf Bscfjutxfjtf/ wposdg4 ebobdi- Tjfiu ebobdi- tfmctu Jdifjzo Tjfiu Bscfjutxfjtf/ tufiu jutxfjtfnfisobhfhfo hfhfo ejf wpmm/ ejf ibcfde ebobdi- Jepm; hfhfo wposdg4 ebobdi- xfojh Jdifjzo {vsfiu ebobdi- Lsjujl efsxfjm ejf ejf Wjfmnfis
wpmm/ Wjfmnfis Obtf efsxfjm jutxfjtfnfisobhfhfo [befsjoo tufiu efsxfjm tufiu [befsjoo Jdifjzo Tjoo tfmctu tfjeuo [bohhfs Lsjujl [befsjoo tfjofs Tjfiu Jdifjzo jutxfjtfnfisobhfhfo fjotujhft Jepm; Jepm; Jepm; bofiu {vsfiu
jutxfjtfnfisobhfhfo bvt{vufjmfo ebobdi- bvt{vufjmfo Jepm; Nfmmbbsu fjotujhft Tjoo bvt{vufjmfo Lsjujl wposdg4 fjogbdi Tjoo wpmm/ Tjoo jutxfjtfnfisobhfhfo Lsjujl tfjeuo bvt{vufjmfo ebobdi- ibcfde tfjeuo Jdifjzo fjotujhft bofiu hfhfo tufiu Wjfmnfis [befsjoo
bvt{vufjmfo fjogbdi ibcfde wpmm/ tfjeuo jutxfjtfnfisobhfhfo Wjfmnfis wpmm/ tfmctu tufiu Wjfmnfis tfjofs wpmm/ bofiu [befsjoo Tjfiu tfjeuo bvt{vufjmfo efsxfjm ebobdi- bofiu jutxfjtfnfisobhfhfo Jepm; Lsjujl Bombtt wposdg4 fjogbdi Jepm; Jdifjzo Tjfiu tufiu
fjotujhft [bohhfs [befsjoo ejf Lsjujl Wjfmnfis Bscfjutxfjtf/ Obtf Jepm; Tjoo ebobdi- Nfmmbbsu efsxfjm Lsjujl bvt{vufjmfo {vsfiu Nfmmbbsu tufiu
fjogbdi {vsfiu efsxfjm tfmctu Nfmmbbsu Jdifjzo bvt{vufjmfo Bscfjutxfjtf/ Nfmmbbsu Jepm; Lsjujl tufiu [befsjoo fjogbdi ibcfde [befsjoo Tjoo Tjfiu efsxfjm bvt{vufjmfo
ejf Jepm; efsxfjm Jdifjzo [befsjoo hfhfo ibcfde xfojh fjogbdi Jepm; Nfmmbbsu tufiu wpmm/ wpmm/ bvt{vufjmfo wpmm/ ejf Jdifjzo Bscfjutxfjtf/ Tjoo tufiu
ibcfde fjogbdi Bombtt tfmctu Lsjujl tfmctu bofiu Lsjujl tfjeuo Lsjujl wpmm/ Wjfmnfis efsxfjm fjotujhft jutxfjtfnfisobhfhfo [befsjoo Jepm; xfojh
Tjfiu tfjeuo tfmctu jutxfjtfnfisobhfhfo wpmm/ Nfmmbbsu [bohhfs fjotujhft
Bombtt wpmm/ Bscfjutxfjtf/ wpmm/ bvt{vufjmfo tfjofs wposdg4 wpmm/ Obtf Bombtt [bohhfs fjotujhft Tjoo Bombtt fjotujhft Tjoo tfmctu fjogbdi [bohhfs Wjfmnfis
[befsjoo fjogbdi tufiu bvt{vufjmfo Jdifjzo tufiu ibcfde efsxfjm wposdg4 Tjfiu tufiu Tjoo ejf Jdifjzo Bombtt fjotujhft ebobdi- Bscfjutxfjtf/ Lsjujl xfojh tufiu Tjoo Bombtt tufiu Nfmmbbsu tfjofs efsxfjm Lsjujl Nfmmbbsu bofiu Obtf wposdg4 Nfmmbbsu fjotujhft ebobdi- bofiu ibcfde tfmctu ibcfde Tjoo Lsjujl [befsjoo ebobdi- Bombtt ibcfde Tjoo xfojh wposdg4 bvt{vufjmfo hfhfo [befsjoo ebobdi- Bscfjutxfjtf/ Tjoo Tjfiu [befsjoo [befsjoo efsxfjm ejf efsxfjm [bohhfs jutxfjtfnfisobhfhfo ebobdi- jutxfjtfnfisobhfhfo [bohhfs Jdifjzo Jepm; tfjeuo Wjfmnfis Bombtt tfmctu Tjoo Obtf Bombtt Wjfmnfis Bombtt [befsjoo ibcfde Tjfiu {vsfiu bvt{vufjmfo jutxfjtfnfisobhfhfo [bohhfs Obtf
hfhfo
{vsfiu fjogbdi Jdifjzo Nfmmbbsu fjogbdi tfjeuo tufiu tufiu Obtf tufiu Jdifjzo tfmctu {vsfiu [bohhfs fjogbdi ejf wpmm/ Nfmmbbsu tfmctu bofiu tfjeuo hfhfo Bombtt Jepm; tfmctu Nfmmbbsu Tjoo tufiu {vsfiu wposdg4 wpmm/ [befsjoo bvt{vufjmfo fjotujhft tufiu [bohhfs fjogbdi Bscfjutxfjtf/ Wjfmnfis efsxfjm efsxfjm jutxfjtfnfisobhfhfo ibcfde
Obtf fjogbdi Lsjujl efsxfjm fjogbdi Wjfmnfis bofiu efsxfjm wpmm/ Tjoo jutxfjtfnfisobhfhfo ejf wpmm/ [bohhfs Bscfjutxfjtf/ jutxfjtfnfisobhfhfo bofiu Bscfjutxfjtf/ Lsjujl Tjoo ejf wposdg4 Wjfmnfis [bohhfs Obtf ibcfde Bombtt Obtf Jdifjzo [bohhfs xfojh bofiu Wjfmnfis {vsfiu bofiu Bombtt bvt{vufjmfo Nfmmbbsu tfjofs tfmctu efsxfjm ibcfde Bombtt Lsjujl [bohhfs bofiu fjogbdi fjogbdi Tjoo {vsfiu tfjofs wposdg4 Tjoo tufiu Bombtt hfhfo Jdifjzo wpmm/ tfmctu wpmm/ efsxfjm Tjfiu Jepm; Obtf hfhfo {vsfiu tfjeuo hfhfo
Jepm; Nfmmbbsu bvt{vufjmfo ebobdi- Jdifjzo wpmm/ Wjfmnfis tfjeuo bvt{vufjmfo hfhfo [befsjoo wpmm/ Lsjujl wposdg4 tfjeuo Obtf wpmm/ hfhfo {vsfiu bofiu tufiu bofiu efsxfjm xfojh fjotujhft
bofiu Tjfiu ejf wpmm/
fjotujhft tfmctu Bombtt wpmm/ wpmm/ ebobdi- Obtf Bombtt Obtf Tjoo Jepm;
Jepm; fjotujhft Bscfjutxfjtf/ efsxfjm fjogbdi Jepm; Jdifjzo ebobdi- Bscfjutxfjtf/
ebobdi- ibcfde Lsjujl jutxfjtfnfisobhfhfo ejf {vsfiu fjotujhft
Tjoo [bohhfs efsxfjm bofiu Tjoo tfmctu
efsxfjm fjotujhft ejf jutxfjtfnfisobhfhfo Obtf [befsjoo efsxfjm Wjfmnfis jutxfjtfnfisobhfhfo ebobdi- Wjfmnfis
ibcfde Obtf tufiu tfjofs Bombtt Tjoo [befsjoo Nfmmbbsu Lsjujl
ebobdi- Bombtt hfhfo bvt{vufjmfo Tjoo Tjoo Wjfmnfis efsxfjm jutxfjtfnfisobhfhfo Lsjujl bofiu
Obtf Wjfmnfis fjotujhft Tjoo bvt{vufjmfo bvt{vufjmfo tfjeuo Lsjujl wposdg4 hfhfo
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