AI IN THE DIGITAL AGE: ABoICT LECTURE 2024 EXPLORES THE FUTURE OF FINANCE
The 2024 Africa’s Beacon of ICT Merit and Leadership (ABoICT) lecture dives into the heart of artificial intelligence (AI) within the digital economy. Titled “Artificial Intelligence (AI): The Good, The Complex and The Anticipated,” this thought-provoking event will kick off the ABoICT Merit and Leadership Awards on May 25th, 2024, at the Four Points by Sheraton.
The 16th edition of the Africa’s Beacon of ICT Merit and Leadership (ABoICT) Awards promises to be a landmark event. Organized by Nigeria CommunicationsWeek, the ceremony will recognize and celebrate outstanding organizations and individuals who have revolutionized the ICT sector with innovative services.
“This special edition,” says Ken Nwogbo, editor-in-chief of Nigeria CommunicationsWeek, “is a tribute to those who consistently lead the way. Our readers have spoken, and we’re thrilled to reward these pioneers.”
The theme for ABoICT 2024 couldn’t be more relevant: “Artificial Intelligence (AI): The Good, The Complex and The Anticipated.” AI is poised to usher in a new era of industrial revolution, fundamentally transforming how we interact and conduct economic activities. What is the Fourth Industrial Revolution? You can insert a link here to learn more about the concept: URL fourth industrial revolution ON Wikipedia en.wikipedia.org The ABoICT Lecture on May 25th, 2024, at the Four Points by Sheraton, will delve deeper into this transformative technology, setting the stage for a night of recognition and celebration. What is Artificial Intelligence (AI)? | IBM
“Traditionally, economic growth relied heavily on physical capital and labor. However, AI may disrupt this formula. Experts believe AI will be a major driver of future economic progress.
One key difference between AI and past technological advancements lies in its effect on human labor. Machines of the past primarily replaced manual work, particularly in dangerous or strenuous tasks. AI, however, has the potential to fundamentally transform the very nature of work across various sectors.
Furthermore, unlike previous industrial revolutions that centered on the invention of specific machines or technologies, AI exhibits a learning capability similar to human capital accumulation. It can learn and expand its knowledge base independently.”
The Africa’s Beacon of ICT Merit and Leadership Distinguished Lecture (ABoICT Lecture) has carved a unique niche in the Nigerian ICT landscape. This prestigious event serves as a platform to explore initiatives that propel Nigeria to the forefront of global Information and Communication Technologies (ICT).
However, the ABoICT Lecture is more than just a forum for discussion. It’s a coveted honor reserved for the most distinguished achievers within the Nigerian ICT sector. These individuals, through their vision, innovation, and leadership, have demonstrably shaped the industry’s trajectory.
The Lecture boasts a remarkable roster of past speakers, each a luminary in their own right. Dr. Ernest Ndukwe, who previously served as Executive Vice Chairman of the Nigerian Communications Commission (NCC), is just one such example. His contributions to the regulatory framework that governs the sector remain highly influential.
Similarly, Engr. Yomi Bolarinwa, the former Director-General of the National Broadcasting Commission (NBC), played a pivotal role in shaping Nigeria’s broadcasting landscape.
The ABoICT Lecture stage has also welcomed international expertise. Dr. Jean Luc Fort, CEO of OR System France and a specialist in Counterparty Risk, brought valuable global insights to the discussion. Professor Chris Nwagboso, Chairman of Knowledge Factory International in the United Kingdom, further enriched the discourse with his knowledge and experience.
But the spotlight hasn’t solely focused on international figures. The ABoICT Lecture has consistently recognized outstanding Nigerian leaders. Uche Orji, Managing Director/CEO of the Nigeria Sovereign Investment Authority (NSIA), has played a crucial role in driving national economic development through strategic investments. Biodu Omoniyi, Managing Director/CEO of VDT Communications, is another key figure whose leadership has shaped the telecommunications sector.
The list of distinguished past lecturers extends further, including Ayotunde Coker, Managing Director of Rack Centre Limited; Peter Adedayo Arogundade, Managing Director and CEO of Sidmach Technologies Nigeria Limited; Dr. Adewale Obadare, Chief Visionary Officer of Digital Encode; and John Obaro, CEO and Founder of SystemSpecs. These are just a few of the many prominent figures who have graced the ABoICT Lecture stage.
More recently, the Lecture has included the esteemed Professor Isa Pantami, Nigeria’s current Minister of Communications and Digital Economy. His presence underscores the event’s commitment to fostering collaboration between government and industry leaders to propel Nigeria’s ICT sector to even greater heights.
The ABoICT Lecture’s legacy is one of celebrating excellence and fostering innovation. By recognizing the remarkable achievements of Nigerian ICT pioneers, the Lecture serves as an inspiration to future generations, ensuring that Nigeria continues to shine brightly on the global ICT map.
Source: Techeconomy
