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Home Blog Page 4198

Google’s Publication Pivot And Why The Best Ideas Are Rarely Published!

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When I joined the US semiconductor industry, I learnt one hard truth: the best discoveries are rarely published. In short, depending on your nationality and that of your boss, your boss may not be cleared to know what you are doing! Then bring in export controls, you will realize that journals do not host the earliest best efforts in this world, unless they emanate from the halls of universities where the main work is to publish.

As a Nigerian citizen, I was cleared while some of my peers were not that lucky. During meetings, you need to check even in the same team who could know what. People, if you make mistakes, the FBI will send you an invitation.

But while most of those were for national security reasons, Google is taking it to another level: “Google’s head of A.I., Jeff Dean, used to encourage researchers to publish academic papers. But in February, the policy changed. That’s because a foundational part of the latest A.I. tech, including ChatGPT, originated in a Google study. Google now plans to share research only after it’s been turned into products”. 

Simply, the papers on “transformers” were pivotal for modern generative AI systems, and Google engineers authored those. The problem was that others like ChatGPT’s OpenAI picked the ideas and commercialized them before Google. Going forward, Google does not want to reveal too much until it has commercialized.

When you see Aneke the bird dancing by the roadside, please check, someone is beating the drum. Google does not want to prepare its future for the slaughterhouse of technology.

So, going forward, only boring and worthless articles will be approved for journal publications. The real deal stays in-house! Capitalism 101!

Nigeria’s Rail Sector Grew by 81.2% in the Fourth Quarter of 2022

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According to recent Data from the National Bureau of Statistics, it revealed that Nigeria’s rail transportation grew by 81.2% quarter-to-quarter in the Fourth Quarter (Q4) of 2022.

The increase in quarter-to-quarter growth in total revenue was driven by an increase in passenger traffic, which more than doubled to 1.34 million in Q4 of 2022, from 500,000 in Q3 of 2022. Data reveals that passenger revenue increased by 61.4% quarter-on-quarter to N1.15 billion in quarter four of 2022, accounting for 68% of gross revenues during the quarter.

Meanwhile, on a year-to-year basis, the total revenue declined by 16% which is attributed to the long suspension of rail operations along the Abuja-Kaduna route.

Recall that the Nigerian Railway Corporation in March 2022 suspended train operations along the Abuja-Kaduna route, after a terrorist attack on an Abuja-Kaduna bound train. Announcing the suspension of operation along the Abuja-Kaduna route via its official Twitter handle, the NRC explained that the suspension was due to security concerns and unforeseen circumstances.

However, the federal government had given assurances that it was putting in place necessary security measures to forestall a repeat of terrorist attacks on the railway. The minister of transportation  Mu’azu Sambo during a tour of the railway corridor said, the government is putting in every security measure to ensure the safety of passengers.

In his words, “Part of the measures put in place is the ticketing. As you know, security starts with ticketing. Now, you cannot buy a ticket unless you have a valid phone number and a National Identification card. And if you are a foreigner, there must be means of identification that can be used and produced by the NIMC office.

“After buying the ticket, you will be given a barcode that would help you gain access to the lounge, when the machine reads the barcode on your receipt and your complete profile, only then would you be allowed into the lounge. This kind of security measure is according in line with global best practices as profiling the passenger is necessary to know who is coming on board.

“Another visible change people would notice is the increase in the number of security personnel; some of them will not even be wearing uniforms to guarantee the safety of the traveling public. There is other sensitive equipment that we have deployed that I will not be mentioning. Also, on every journey, the train will be monitored on a screen and the train driver can see up to a particular distance if there is any threat on the tracks, which will enable him to pull the break long before getting to the perceived threat.”

The resumption of operations on the Abuja-Kaduna railway line in December 2022 is reported to have partly contributed to a quarter-on-quarter rise in total revenue. With the security measures put in place by the government, there is an anticipation of improved revenue in 2023.

Tekedia Mini-MBA: #Win the future. You are #ready2lead the world

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Amazing People, thank you for co-learning with us, to master the mechanics of the market system. Knowledge brings the liberation of the mind, and I am confident that we delivered as promised, through our world-class program in Tekedia Mini-MBA.

The news this morning is that some members raised N20 million, to pursue market opportunities.  Yes, you young people have that kind of money, just for studying together over 3 months! Last year, the Bank of Industry put close to N1 billion to entities through our members. We do not coordinate these things; we just provide a platform to educate and transform minds.

#Win the future. You are #ready2lead the world. Congratulations.

The Graduation Lecture video is now in the Board and the certificates are now being pushed, one by one. We do not make it auto-downloadable on your account, because we want you to APPLY and then EXPECT it, to make you cherish it, because it is from Tekedia Institute, the #best school!

Blockchain is for All Purpose

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Blockchain is not just for cryptocurrencies, Defi and Nft. Each transaction or data entry on the Blockchain is verified by a network of nodes and stored in a block, which is linked to the previous block, forming a chain. Blockchain is immutable, meaning that once something is recorded, it cannot be changed or deleted. This makes it resistant to fraud, corruption, and hacking.

It can be used for a variety of purposes, such as supply chain management, digital identity, voting systems, smart contracts, and more. Blockchain is a distributed ledger that records transactions in a secure and transparent way. It allows multiple parties to share and verify data without intermediaries or central authorities. Blockchain can improve efficiency, trust, and security in many domains and industries.

In this post, we will explore some of the use cases and benefits of blockchain technology for different sectors and applications. We will also discuss some of the challenges and limitations of blockchain, and how they can be overcome or mitigated.

What are some of the use cases of Blockchain

Blockchain technology can be used for various purposes, such as:

Supply Chain Management; involves the coordination and integration of activities and processes across multiple entities, such as suppliers, manufacturers, distributors, retailers, and customers. Supply chain management aims to optimize the flow of goods and services, reduce costs and risks, and increase customer satisfaction.

Blockchain can enhance supply chain management by providing a shared and immutable record of transactions and events along the supply chain. Blockchain can enable traceability, provenance, quality control, compliance, and dispute resolution. For example, blockchain can help track the origin and movement of products from farm to fork, ensuring food safety and authenticity. Blockchain can also help prevent counterfeiting, fraud, theft, and waste in the supply chain.

Education: Blockchain can provide a verifiable and tamper-proof record of academic credentials and achievements, such as degrees, certificates, diplomas, and transcripts. This can simplify the verification process and prevent fraud and forgery. Blockchain can also enable new models of learning and assessment, such as peer-to-peer learning, micro-credentials, and badges.

Digital Identity; refers to the online representation of a person or an entity. Digital identity can include personal information, credentials, preferences, reputation, and activities. Digital identity can be used for authentication, authorization, verification, and communication purposes. Blockchain can provide a decentralized and self-sovereign identity system that allows users to control their own identity and data. Users can create their own digital identity.

Voting: Blockchain can enhance the security and integrity of voting systems by ensuring that votes are recorded accurately and transparently. Blockchain can also enable online voting and remote participation, which can increase voter turnout and convenience.

Healthcare: Blockchain can enable secure and seamless sharing of medical records and data among different parties, such as patients, doctors, hospitals, insurers, and researchers. This can improve patient care, privacy, and security, as well as facilitate innovation and collaboration in the healthcare sector.