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The Google Search’s ChatGPT Challenge Is Real

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How do I explain ChatGPT? I simply asked the AI system and it provided this definition: “ChatGPT is a chatbot developed by OpenAI that uses a variant of the GPT (Generative Pre-trained Transformer) language model. It is designed to generate human-like responses to text-based conversation prompts, and can be used in a variety of applications such as customer service, language translation, and natural language processing. ChatGPT is trained on a large dataset of human conversations and can generate responses based on the context of the conversation and the previous messages exchanged. It is an advanced chatbot that utilizes artificial intelligence and machine learning techniques to generate responses that are more sophisticated and realistic compared to traditional chatbots.”

I asked the AI system “What is Tekedia Capital?”It responded as follows: “Tekedia Capital is an investment fund that focuses on investing in technology and innovation-driven startups. The fund provides capital and resources to help these companies scale and grow their businesses. It also works closely with its portfolio companies to provide strategic guidance and support in areas such as product development, marketing, and business development. Tekedia Capital aims to contribute to the growth and success of the startups it invests in, as well as generate strong returns for its investors.”

I then asked it “What is Tekedia Institute?” The response: “Tekedia Institute is an online education platform that offers courses in the fields of technology, entrepreneurship, and innovation. It provides a range of professional development and certification programs for individuals looking to advance their careers and skills in these areas. The institute also hosts events and webinars focused on innovation and technology, and provides resources and support for entrepreneurs and startups”.

Then, “Where is Ovim in Nigeria?” Response: “Ovim is a town in Isuikwuato Local Government Area in Abia State, Nigeria. It is located in the southeastern region of Nigeria.”

People, Google Search has a challenge ahead. In this technology, you do not need to be checking links for answers. Yes, ChatGPT gives you an answer. And the most fascinating aspect, the answers vary on the sentence structure if you repeat the same question. If they continue this playbook, Google may have a real problem to deal with. They just need to provide this summary and offer more links where people can go and learn more.

But ChatGPT was diplomatic when I asked it “How can ChatGPT defeat Google Search?”. Response: “It is unlikely that ChatGPT, which is a natural language processing tool designed for generating human-like responses to text inputs, could defeat Google Search, which is a search engine that utilizes complex algorithms to index and rank websites based on their relevance and quality. Google Search is able to provide users with highly accurate and relevant search results for a wide range of queries, while ChatGPT is primarily focused on generating responses to specific text prompts.”

AI – the singularity is on course.

Comment on Feed

Comment 1: Although it can challenge Google to some extent and when been asked certain question, but there are more queries that ChatGPT does not ever have answers to …especially if they are based on personal experience or natural feeling. But above all I’m really keen on knowing more about takedia institute, when I get the money I wish to surely enroll

My Response: “there are more queries that Chatgpt does not ever have answers to” – Google does not know all either…it only shares links. In ChatGPT 2.0, they can do the same thing and share some links for you to investigate. The problem for ChatGPT though is copyright if it lifts IP-protected lines for soon paying customers. For instance, I can write “The History of Tantuta Kingdom” and post it on my website. While this is fictitious, it is a data source for AI. If you go to ChatGPT and ask questions on Tantuta Kingdom, it can lift lines from that web entry. Where that happens, it violates my copyright and can be sued. That is the risk!

Comment 1B: Ndubuisi Ekekwe, your post is very insightful. Your comment about the potential risks of copyright infringements makes me wonder if ChatGPT also places its users at risk of plagiarized content. As a healthcare practitioner and entrepreneur, I also envision several ways that ChatGPT could help create game-changing tools for patient care, public health campaigns, and tailored services. Even if it does not replace Google Search, it is ripe with many opportunities for the prepared mind to be blown/humbled by collective efforts like the OpenAI project, which made ChatGPT possible. I am all for Augmented Intelligence, the tactful use of deep data to improve the human experience, even drive equitable innovation in healthcare and education.

Thanks for sharing!

Comment 1C: Ndubuisi Ekekwe google also needs to tell its algorithms that “ look oo this is copyright work, don’t lift it, of course by the time creatives like you begins to tell the chat bot to treate your work with some respect it will abide by it. You can write programs to ask Chatbot not to access your content just like you will tell google not to crawl your content.

Google also recently updated their algorithm to checkmate chatbot-created contents and downgrade them SERP, we cannot say for sure who will win but if Open AI (creators of ChatGPT) sees the opportunity for monitization, you can be rest assured that the die is cast with google, competition will start and google search will start a slow decline except they have other plans.
With advancement in technology even Wall Street cannot predict all things with business especially on who survives, the innovative strength of the managers is what will count

My Response: “google also needs to tell its algorithms that  look oo this is copyright work” – Google picks snippets and does not generate a relative tome like ChatGPT does.  For example, Google drops 5 words and leaves the link while ChatGPT could produce  paragraphs. ChatGPT has more burden to do that without infringements.

An AI Answers “What are the secrets to wealth in Nigeria?”

The Regulatory Framework Governing the PAPSS System in Nigeria

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The Pan-African Payment and Settlement System, PAPSS, framework was created by the Afreximbank in collaboration with the West African Monetary Institute (WAMI) as a test-run initiative and was introduced in Nigeria by virtue of the Central Bank of Nigeria CBN Guidelines passed on October 11, 2021.

This article will be talking about this payment system that is actually geared towards seamless electronic payments across borders and the main focus areas will be :-

  • The objectives of the PAPSS payment framework.

  • The features of the PAPSS payment framework.

  • The implications of the PAPSS payment framework for authorised dealers in Nigeria.

What are the objectives of the PAPSS payment framework?

The PAPSS framework was created for the sole objective of achieving faster settlements and payments in support of cross-border transactions within Africa at a reduced cost with the aim of significantly boosting Intra-African trade.

What are the features of the PAPSS payment framework?

The features of the PAPSS payment framework are as follows :-

  • The option of supported initiation of cross-border retail payments in local currencies of sending parties and the receipt of funds in the local currencies of beneficiaries within West Africa while Inter-Bank settlements will be in US Dollars based on a multilateral netting arrangement.
  • The net settlement model which defines the PAPSS payment framework is based on prefunding by participating financial institutions through the domestic RTGS system.
  • The Afreximbank will be the settlement agent and each Central Bank of signatory states under the PAPSS arrangement will maintain a US Dollar settlement account with it to settle eligible transactions from its country on a net basis.
  • Each central bank shall determine eligible transactions for which they will provide foreign exchange.
  • Commercial banks may maintain a US Dollar settlement account with the Afreximbank to settle obligations for payments that may fall outside the eligible transactions for which the central bank will not provide foreign exchange.

What are the implications of the CBN Guidelines on the PAPSS payment framework for authorised dealers in Nigeria?

The CBN Guidelines on the adoption and operation of the PAPSS payment framework in Nigeria have the following implications for authorised dealers :-

  • The eligible payment of imports and the receipt of export proceeds by the CBN shall be restricted to trade-backed transactions.
  • Export proceeds repatriated to the CBN under the PAPSS framework shall be subject to certification by respective processing banks as being repatriated by the exporter.
  • The provisions of all existing guidelines, circulars and directives on the operations of the foreign exchange market shall apply.
  • For the settlement of PAPSS transactions by the CBN, authorized dealers shall obtain CBN approval for US Dollar covers before initiating payments on the framework. The request for PAPSS transaction settlement should be forwarded to the CBN.
  • Only transactions deemed eligible by the CBN shall qualify for payments via the PAPSS framework. Items classified as “not valid for foreign exchange” shall remain ineligible.

 

As Some Reject New Naira Notes, Nigeria Must Address Its Weakest Development Link

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Nigeria’s biggest problem is that most of the citizens have not been fundamentally educated to a level which will make it possible for them to be effectively governed. Indeed, from election to monetary policy, we are faced with issues which to a large extent are systemic. And until we fix those paralyzes, the economic ascension we expect will not come. I am very sorry to write that.

China has 99% primary education enrollment with less than 10% university attainment. They put all the best money in basic education (primary and secondary school levels), making sure that it is really great. For the university, they don’t really care that much. The US follows a similar pattern where basis education is largely free; take a loan if you want to go to college.

For China and the US, with a strong literate base, it is easier for the government to implement most policies. Yes, people can read ballot papers and vote. People can read and follow government enactments.

But when it comes to Nigeria, with a double digit illiterate rate, it is extremely tough for the government to implement most policies, contributing to most policy failures. Consider this: “According to multiple reports, the newly designed naira notes which are gradually going into circulation have been surrounded by tales of widespread rejection. Some reports reveal that several businessmen and women are reluctant to accept the new notes as legal tender, as they have decided to stick with the old notes pending the deadline given by the Central Bank of Nigeria (CBN) to phase out the old notes. Some have expressed concerns about the authenticity of the new notes, stating that it will be very difficult to identify fake ones.”

I sympathize with these citizens since most use colors to model the value of currency notes, and when the color-scheme is confusing, problems are expected. Yes, this CBN policy is noble even though  the design  was poorly executed. Nonetheless, the government should stay the course and provide support through education and awareness via churches, markets, mosques, etc. As that happens, Nigeria must invest to deal with its #1 development problem – mass illiteracy in many communities – if the nation hopes to move to the next level.

Comment on Feed

Comment 1: Illiteracy in Nigeria doesn’t have to deal with school attendance but seriously our belief system, I got a message via WhatsApp that I should not accept the new notes because of it might be fake and some will go with the conspiracy theory not because they didn’t go to school but because they tend to believe anything that comes from anywhere, I then heard a government hospital is not accepting the new notes just on the basis of this conspiracy theory.

Prof. here in Nigeria not all who are educated are literate, the minds of Nigerians needs to develop into the evolving world before we can really get rid of illiteracy

Comment 2: I once rented a house that had bad water. When I grumbled to the Landlord. His response were ” i promised water but not clean water”. Did you not see water? Is this Landlord not a Nigerian? The CBN promised new notes, there it is. I think the issue is not education but mistrust of the political class by the citizens. Any of the social contracts with the political class been met? Tell me any of the political parties that has kept to her manifestos? Country that tells her citizens that, there is no money but the citizens see how monies are wasted. Our legislatures are among the highest paid in the World while other civil servants are still fighting for implementation of 30,000 NGN minimum wage . The political class children lives in affluence in midst of poverty of other citizens. Is this not a country that hides palliatives meant for the citizens? How then do you expect the citizens to believe in the new notes?

Comment 3: As someone who had been in the education space, I feel so bad about what our primary and secondary schools have become. I’m sorry but I have to say this, our leaders and government are terribly irresponsible, from the presidency to the local council.

Nothing worthwhile is going on in our primary and post primary public schools yet the government does nothing. Many profit-focused terrible private schools are being opened here and there yet the same government cannot effectively regulate them to see that they are meeting up with the required standards.

Apart from making primary and secondary school compulsory for every child, the government have to invest in these schools and show genuine seriousness in seeing that our children are receiving the right education.

These things are not rocket science.

I used to tell my students “if you feel you aren’t receiving the right education in any school you find yourself SCREAM.

Comment 4: Perhaps it was the fault of the national government for not educating the masses about the new notes before being released into circulation. Months should have been spent showing pictures/images of the new notes before they were released – in Canada when one and two dollar paper notes were replaced with equivalent coins we were told many months in advance. Also when new faces are added to existing notes we are similarly informed months, if not longer, in advance.

Nevertheless, primary education needs to be free for all, relevant in modernity, and compulsory at least to the age of sixteen. Many nations go further and provide post secondary education for free – I wish I got mine for free!

There are so many brilliant people in Nigeria – it should be way more prosperous than it currently is…..but you are trying hard to change the narrative Ndubuisi- all the more power to you Professor.

Newly Designed Naira Notes Faced With Widespread Rejections as Many Seem Unaware

Newly Designed Naira Notes Faced With Widespread Rejections as Many Seem Unaware

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According to multiple reports, the newly designed naira notes which are gradually going into circulation have been surrounded by tales of widespread rejection.

Some reports reveal that several businessmen and women are reluctant to accept the new notes as legal tender, as they have decided to stick with the old notes pending the deadline given by the Central Bank of Nigeria (CBN) to phase out the old notes.

Some have expressed concerns about the authenticity of the new notes, stating that it will be very difficult to identify fake ones.

In a recent viral video, a trader refused to collect the newly designed N1,000 naira note from a customer, insisting that the money is a fake note which is often used by internet fraudsters commonly known as “Yahoo boys”.

The confused customer had to call the attention of passersby to help convince the trader that the money presented to her was legit.

Despite persuasion from onlookers, she remained adamant that she is not familiar with the new note. It however had to take the intervention of a truck driver who called the customer to give him the old note in exchange for the new note.

In another video, a traffic cold drink vendor was reluctant to collect the new naira note from a customer, as he was spotted staring at the new note in awe for a few seconds before rejecting it.

This spurred other passengers in the moving vehicle to convince him to accept it, stating that it was the newly designed naira note. But the hawker persisted that he wasn’t going to accept it. In his words, “No o please, I can’t take the money”.

Reacting to the viral videos, some Nigerians have disclosed that the CBN has failed to conduct a proper sensitization on the introduction of the new notes, which is the reason for the widespread rejection.

Recall that the CBN in October introduced the newly designed naira notes, as the CBN governor Godwin Emefiele disclosed that the introduction of the new Naira banknotes marked a major milestone in CBN’s efforts to solve the numerous challenges facing the management of the nation’s currency.

However, the release of the newly designed notes was followed with mixed reactions as a lot of Nigerians have expressed concerns over the poorly designed note, with a major concern about the circulation of counterfeits.

However, the president of the Federal Republic of Nigeria Muhammadu Buhari doused the worry of counterfeit notes by stating that the newly redesigned notes have unique security features which makes it difficult to counterfeit.

On the other hand, barely two months and a few days to the January 31, 2023 end date for the high-denomination old bank notes, the Central Bank of Nigeria (CBN) have expressed worry over the low response by Nigerians and commercial banks towards the return of the old notes.

The bank director in charge of currency, Ahmed Bello Umar said at a post-Monetary Policy Committee media briefing in Abuja, “Up to now, there is no serious uptick in the deposits that customers are doing”.

My Life in a Software Society

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Nobody anticipates it. Nobody genuinely accepts it. Nobody is aware of how access to the public sphere will be restricted for a number of days, months, and years (s). Everyone was restricted when the virus arrived. It took longer than expected for it to be given the name COVID-19. Not that viruses have never existed in the world. However, because human movement was completely restricted, it became the most talked-about and feared virus. People’s freedom was constrained, and a number of previously unknown or underutilized hardware and software technologies became lifesaving tools. Many people came to understand the value of the mobile and stationary technologies they own or have access to during the time.

System, application, and utility software became useful for everything from communication to business. During the pandemic, I was forced to use some of the forgotten mobile applications, just like the rest of the world. For example, after years of ignoring Zoom meeting and only using Skype infrequently, the two applications became dominant tools as well as instruments for business and interpersonal communication.

However, living in a society where there is no pandemic opens up new perspectives on how to interact with people and move around using locally developed applications. My experience has taught me that we should always be grateful to God for endowing some people with the ability to create software.

As I previously stated, various technologies aided us prior to and during the pandemic, and they continue to do so in the post-pandemic era. Therefore, when we benefit from software-enabled technologies, we should remember that the first piece of software was written by Tom Kilburn, a computer scientist, and was run at 11 a.m. on June 11, 1948, at the University of Manchester in England.

Tom Kilburn and other software developers have made our lives easier in a variety of ways. For example, my recent experience demonstrates that a society without technologies and utility software is difficult to live in. Arriving in a society that is completely different in terms of language and culture forces me to consider voice recognition and navigational technologies as indispensable companions.

When I need to communicate with locals who do not speak English, I must use locally developed voice recognition software. They converse with the application, and their voices are easily translated into English. This is absolutely necessary if I do not want to be isolated for several hours.

Because the majority of publicly displayed communication channels contain information in the local language, it is critical to use the application’s translation feature. The channels must be snapped and the information in English must be waited for a few minutes. Aside from interpersonal communication, map applications are useful for navigation. These applications are not only popular among foreigners.

There is hardly any citizen who does not have the applications on their mobile phone or other gadgets such as a laptop. As I continue to live in this society, I ask myself every time I use an application; what would life be like without these apps?