Good People, if you are paying attention, you ought to have noticed that some of the leading technology companies are now firing workers at scale. From Spotify to Amazon to your local banks, companies are automating tasks and jobs are being disintermediated.
In Nigeria, technology has delivered great rains as when you look at banking data, the number of workers has dropped even as profit and assets have increased, for years now! Simply, technology has improved and cushioned productivity, and not many humans are needed in the payrolls.
There are implications: in this decade, many will lose their jobs. And also, many will get great jobs. Since the industrial revolution, that has been a constant: technology brings new ordinances in markets, causing career displacements, even though, over time, it is a net positive, as new jobs – typically better – will be created.
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My message: do not just sit down and think it will not happen to you. You need a plan and part of that plan will be how to make whatever you do to be retrofitted with tech. If you do that, they cannot fire you because you will replace yourself, and that means you keep your job.
What can AI do in your field? In Tekedia Institute, we have put a great program to help people navigate this redesign. If you have not started, it may be something to explore.
Tekedia Artificial Intelligence (AI) in Business Masterclass focuses on how AI (artificial intelligence) will redesign the world of business, and re-architect economies even as it transforms markets, communities, and organizations. Participants will gain the knowledge capabilities, and confidence, required to support the integration of AI systems into their organizations, and advance their professional careers. Coordinated by Tekedia Institute Lead Faculty, Prof Ndubuisi Ekekwe (doctoral degrees in electrical/computer engineering with specialization in robotics & neuromorphic engineering, and Banking & Finance), the multidisciplinary program runs for 8 weeks.
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