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Building Agile Workforce in Companies – Tekedia Mini-MBA

By
Ndubuisi Ekekwe
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0

Companies exist to fix frictions in markets. To do that, they must mobilize factors of production to create products and services. When you examine the whole constellation of that translation of organizing, combining and recombining those factors to make products, you see three things: people, processes and tools.

The People are the heart of every firm. They are the central nervous system of any operating entity, making it possible for the neurons and synapses of markets to operate effectively. The wealth of firms is in the People of the firms.

Today at 7pm WAT, one of the finest minds in this industry of discovering, nurturing, and uplifting the human capital to execute business missions will be at Tekedia Mini-MBA. Ijeoma Anunibe, PHRi, SHRM-SCP, ACIPM is the Head of People at Shuttlers, an innovative transportation startup.

IJ will teach on  “Building Agile Workforce in Companies”. It would be an academic excursion from an industry leader with certifications in the critical domains of human resources management and administration.

Tekedia Institute >> the #best teach here.

China Clamps Down on Access to OpenAI’s ChatGPT

By
Samuel Nwite
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0

Chinese authorities are reportedly clamping down on the use of ChatGPT in the country, amid growing concern that the AI-powered chatbot will spread uncensored information to the public.

Nikkei reported citing sources, that regulators have told major Chinese tech companies, including Tencent Holdings and Ant Group, the fintech affiliate of Alibaba Group Holding, not to offer ChatGPT services to the public either directly or via third parties.

The sources added that tech companies will also need to report to regulators before they launch their own ChatGPT-like services.

ChatGPT, a chatbot developed by OpenAI, made a swift sweep around the world, racking up more than 100 million users in about two months after launch. Though officially, ChatGPT is not available in China, the South Asian giant has caught the frenzy.

Internet users in China have been accessing the third-party form of the chatbot services from platforms such as Tencent and Alibaba using Virtual Private Network (VPN). Nikkei reported that there have also been dozens of “mini programs” released by third-party developers on Tencent’s WeChat social media app that claim to offer services from ChatGPT.

Chinese companies have joined the race to develop AI-powered chatbots as the public caught the contagious wave of ChatGPT. Alibaba and Baidu said they’re working on their own chatbots that they plan to roll out soon. Baidu said it plans to release its chatbot dubbed ‘ERNIE Bot’ in March, and it will be used across various platforms such as its search engine, voice assistant for smart devices and even its autonomous driving technology.

CNN reported that a team at China’s Fudan University has developed their own version called MOSS, which instantly went viral, crashing the platform as many users attempted to access the tool.

These show how much the Chinese people want to use the AI tool. But regulatory pressure is forcing platforms offering third-party services regardless of whether they are connected to ChatGPT or not to suspend them, according to the people who spoke to Nikkei.

The pressure is being spurred by Chinese state-owned media outlets. Nikkei reported China Daily saying on Monday, in a post on Weibo, China’s heavily censored equivalent of Twitter, that the chatbot “could provide a helping hand to the U.S. government in its spread of disinformation and its manipulation of global narratives for its own geopolitical interests.”

With China’s intolerance of Western internet companies, ChatGPT appears ready to join the growing number of US companies banned in the country. Dozens of prominent US websites and apps have either been banned or heavily censored in China, starting from 2009 and 2010 when Beijing moved to block Google, Facebook, YouTube, and Twitter. Reddit and Wikipedia were banned in China in 2018 and 2019.

But sources in the tech industry, who spoke to Nikkei, said they are not surprised by such a clampdown.

“Our understanding from the beginning is that ChatGPT can never enter China due to issues with censorship, and China will need its own versions of ChatGPT,” said one executive from a leading tech company.

The report quoted another unnamed executive from another leading Chinese tech firm saying that even without a direct warning, his company would not make use of ChatGPT.

“We have already been a target of the Chinese regulator [amid the tech industry crackdown in recent years], so even if there were no such ban, we would never take the initiative to add ChatGPT to our platforms because its responses are uncontrollable,” the person said. “There will inevitably be some users who ask the chatbot politically sensitive questions, but the platform would be held accountable for the results.”

Tech Layoffs: Meta Plans Another Round of Job Cuts

By
Ojukwu Emmanuel
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Facebook parent company Meta is reportedly preparing for another round of job cuts in a downsizing effort that could affect thousands of workers.

The jobs cuts at the tech giant are coming after Mark Zuckerberg had earlier assured workers that he isn’t anticipating more layoffs after the company slashed a huge amount of its employees last year in November.

According to reports, the new round of layoffs is said to “disproportionately” impact non-engineering roles and the company’s CEO Mark Zuckerberg is seemingly deputizing human resources, lawyers, financial experts, and top executives to draw up plans to deflate hierarchy within the company.

The company reported a 2022 fourth quarter (Q4) revenue of $32.17 billion and $116.61 billion, a decrease of 4 percent and 1 percent year-over-year for the fourth quarter and year 2022, respectively.

It would be recalled that in November 2022, the tech giant Meta laid off roughly 11,000 workers, which is 13 percent of the company’s global workforce. At that time, Meta cited overhiring and poor macroeconomic conditions for the layoff.

Meta’s fresh round of layoffs has been predicted to stem from falling revenue as it seeks to mitigate costs while navigating the global economic downturn.

Earlier this month, Meta CEO Mark Zuckerberg told investors that last year’s layoffs was the beginning year of the company’s focus on efficiency and not the end. He said he would work on flattening the organizational structure as well as removing some layers of middle management.

He also added that the company now plans to push some leaders into lower-level roles without direct reports, flattening the layers of management between the company’s CEO and Interns.

In his words, “We’re working on flattening our org structure and removing some layers of middle management to make decisions faster, as well as deploying AI tools to help our engineers be more productive”.

The layoff at Meta isn’t entirely surprising after it was reported last week that the tech giant has delayed finalizing the budgets of the teams at multiple levels, due to a layoff plan lurking around the corner.

Two employees at the company disclosed that there has been a lack of clarity on crucial matters such as team budgets as well as future head counts in recent weeks, adding that certain decisions that would usually take days to be signed off are now taking a month in some cases.

Meta’s CEO Mark Zuckerberg has however labeled 2023 a “year of efficiency” as the company focuses on becoming a stronger and more nimble organization. Its belt-tightening measures follows the CEO acknowledgment that he overestimated the boom in e-commerce and had to cut jobs as a “last resort.”

However Meta is not the only company that has downsized its workforce. Companies such as Spotify, Amazon, Twitter etc, have all laid a significant part of their workforce, as the tech sector has been embroiled in sweeping layoffs that have so far impacted over 101,000 employees at 340 tech companies in 2023.

NFTs Behave Similarly to High End Property – Raoul Pal

By
Paul Ugbede Godwin
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0

Raoul Pal, CEO of Real Vision and co-founder of the company, thinks that NFTs would behave similarly to “high-end property” in the conventional economy and will outperform ether during boom cycles in the crypto market.

The former executive at JPMorgan offered a rundown of what he felt most bullish about regarding NFTs in a video uploaded to YouTube and published on Feb. 20. The footage lasted one hour and covered critical use cases for the asset class, its underlying technology, and its potential performance compared to ether.

Pal asserts that it has a history of outperforming most of the market and hence believes the same thing will occur in the ETH economy.

In the recent YouTube video, Pal highlights that significant collectibles, such as CryptoPunks and BAYC, have evolved into status symbols in the cryptocurrency community. This is analogous to owning a luxury home, car, or item from a well-known brand that grants access to exclusive clubs, which he called “mini-network states.”

Pal proposed that non-fungible tokens (NFTs) may function to hold property in the ETH economy in the coming future.

The hedge fund manager also touched on the applications of NFTs in resolving contracts, saying that blockchain-based ledgers can provide verifiable clarity on what has been agreed upon between people. In contrast, smart contracts can, in essence, do away with the need for unnecessary third parties.

As a result of the fact that such collections have been able to maintain a respectable level of value throughout the lousy market, they might provide more significant upside potential than adverse danger. He also believes there will be a rise in the price of ETH in the future.

In retrospect, the former hedge fund manager stated that in the year 2022, non-fungible tokens (NFTs) first began to attract his attention because he started to understand the power of what they represent and what they can do. This included transferring value using blockchains and automated smart contracts. Since investing in NFTs, Pal said he has placed around ten percent of his ETH holdings in “premium NFTs,” such as CryptoPunks and BAYC.

Flying Eagles squad: 25-man provisional for U20 AFCON

By
TI Partners
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0

Football is one of the most popular sports. It attracts a huge number of fans who travel to different cities and continents to support their favorite. Thanks to the widespread popularity of the sport, soccer matches are held on a regular basis. We are talking about regional tournaments as well as important competitions between countries.

Thanks to the development of the betting industry today, you can not only watch spectacular meetings of soccer players, but also place bets on the outcome of events. But do not rely solely on intuition and luck. You have to gather as much information about each team to make the betting successful. This will allow you to evaluate the performance of the squads and identify the favorite of the upcoming game.

Obviously, there isn’t always the time to gather the data and analyze it. In this case, a specialized service where you can find yesterday football match result and the schedule of upcoming games. You can also find analytical reviews and make certain conclusions about the strength of each squad.

For example, the lineup of the Flying Eagles will be interesting. The preliminary list of players who are included in the Nigerian national team has already been published. They will represent the country at the Africa Cup of Nations.

Team Lineup

The preliminary composition of the Nigerian team for the U20 2023 AFCON consists of 25 sportsmen, who have managed to prove themselves in a positive way. They are young, energetic and hardy, which is important for a successful game.

Ladan Bosso, team manager of the Flying Eagles, approached the selection of players for each position on the field thoroughly. But changes were made to the initial plan. This is due to the fact that foreign professionals have applied to participate in the championship. They include:

  • Michael Ologo, who played successfully at Istanbulspor;
  • Abel Ogwuche with an excellent performance as a central defender for Trelleborgs FF;
  • Beji Muhammed, who has proven himself as a winger for squad Cartagena;
  • Kelechi Success, who stood out as a successful forward in Montana;
  • Ahmed Abdullahi, who proved his superiority in the Gent squad.

Not all players were on the list. But some of them will represent Nigeria in the African Cup matches. According to the manager, they have reached their full potential and are ready for an uncompromising fight for the first place.

As for the updated lineup, it is listed below. It’s probably not the best for Nigeria. We can only hope that luck will not turn away from the guys at the most crucial moment. The following three goalkeepers are selected for the games:

  • Saheed Akanbi;
  • Nathaniel Nwosu;
  • Chijioke Anigboso.

The defense is represented by players with high performances:

  • Augustine Njoku;
  • Daniel Bamaiyi;
  • Michael Ologo;
  • Benjamin Frederick;
  • Solomon Agbalaka;
  • Abel Ogwuche.

The midfielders are no less interesting. The following players were selected for their role:

  • Mohammed Aminu;
  • Shatima Umar;
  • Musa Usman;
  • Daniel Daga;
  • Caleb Ochedikwu;
  • Onuche Ogbelu;
  • Samson Lawal;
  • Jonathan Nicholas.

You should not ignore the effective attackers as well. Some of them are:

  • Francis Ayuba;
  • Adams Olamilekan;
  • Ahmed Abdullahi;
  • Emmanuel Uchegbu;
  • Beji Muhammed;
  • Jude Sunday;
  • Haliru Sarki;
  • Kelechi Success.

It is not yet clear who will be selected to the main roster and who will go to the bench. It all depends on the decision of the coaching staff. Each team’s coaches will carefully prepare the base lineup to allow it to prove itself in the beginning of the match.

It is possible that some players will not appear on the field. This is not surprising because each meeting of the opponents is different and extraordinary. Everything depends on the determination of the main roster and its performance. Every coach will take a risk and put lesser players on the field if there are no winning goals for a long time. In such cases, the substitute seeks to prove himself to the fullest extent to attract the attention of the coach and no longer sit on the bench. There are often cases where players entered the field in the final minutes and scored the decisive goals in the opponents’ goal. Time will show how the players will behave this time.

The only thing left to do is to watch the qualifying matches, which are scheduled for the following dates:

  • Nigeria – Guinea-Bissau (24.03.2023);
  • Guinea-Bissau – Nigeria (28.03.2023);
  • Sierra Leone – Nigeria (12.06.2023);
  • Nigeria – Sao Tome and Principe (04.09.2023).

Thanks to a long break between games (with the exception of the first two), the national team has time to practice, sharpen their skills and correct their mistakes. The guys are showing good results. Perhaps they will become the best.

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