tag:blogger.com,1999:blog-289919632024-03-11T21:50:38.855-07:00Innovative Business IdeasIs dedicated to Group success by providing top Business Ideas,Market Intelligence, Data Security and Training with a Glimpse of Art. A Disruptive Business and Digital Innovation. Blog by Emmanuel SodipoEmmanuel Sodipohttp://www.blogger.com/profile/07802716734540874125noreply@blogger.comBlogger299125tag:blogger.com,1999:blog-28991963.post-82993678157208980572024-02-29T03:41:00.000-08:002024-03-02T03:57:39.450-08:00Wealth Beyond Career<div>“A shoe is just a shoe until somebody steps into it. Then it has meaning.” .........Nike marketer Sonny Vaccaro</div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiwT3SqmDDpdZ46I2rKMX8usTLL6qWctYDnPKji5GtG0LlU4-h_Ls8qwbMZ19bO3WvESoOECtj7Jpc3NuJ1BMgvygr_HD-G_ADpnIUEKbYg9LxwuX0RfQq-ZhplAMJ6AvYQop0tj2zLG-6IdbPh1AefpxOrRy4vrQ0aOAHp8cjF8_ioTsAzRfMn/s700/First-impressions-and-branding-1.webp" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="400" data-original-width="700" height="183" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiwT3SqmDDpdZ46I2rKMX8usTLL6qWctYDnPKji5GtG0LlU4-h_Ls8qwbMZ19bO3WvESoOECtj7Jpc3NuJ1BMgvygr_HD-G_ADpnIUEKbYg9LxwuX0RfQq-ZhplAMJ6AvYQop0tj2zLG-6IdbPh1AefpxOrRy4vrQ0aOAHp8cjF8_ioTsAzRfMn/s320/First-impressions-and-branding-1.webp" width="320" /></a></div><br /><div><br /></div><div><div>In business school, corporate finance professors teach three well-established principles about value:</div><div><br /></div><div>1. The value of a business is equal to the present value of its expected future cash flow (CF).</div><div>2. Revenue growth and return on capital (ROC) drive CF.</div><div>3. For growth to create value, ROC must exceed the cost of capital.</div></div><div><br /></div><div>In the 40 years “Jordan Brand” has grown into a global franchise, with Nike’s 2023 annual report attributing $6.6 billion in gross revenue to the sub-division.</div><div><br /></div><div>In many respects, the brand has extended beyond basketball into other sports and public consciousness. Around the world, “Jumpman,” the brand’s iconic logo, will outlive Jordan.</div><div><br /></div><div>The rise of social media and software allows individuals to monetize directly, cut out intermediaries, and build extraordinary wealth. Rather than relying on executives like Sonny Vaccaro and Nike founder Phil Knight, today’s Air Jordan could run on Shopify, collect payments through Stripe, and advertise over Instagram and TikTok with 100% ownership.</div><div><br /></div><div>A few athletes building wealth beyond their careers. </div><div><br /></div><div>LeBron James, $1 billion. One of the challengers to Jordan’s title as the NBA’s greatest ever has reached $1 billion in net worth while still competing for championships. In addition to banking high salaries, James has taken equity in brands like Beats by Dre and Blaze Pizza. He has also spearheaded a holding company of his own, SpringHill Entertainment. That vehicle has spawned movies, game shows, and talk shows and is about to launch a men’s grooming line called “The Shop.”</div><div><br /></div><div>Serena Williams, $290 million. The GOAT of women’s tennis is a prolific venture investor. As an angel, Williams backed Zipline, Masterclass, Daily Harvest, and many others. A dedicated $111 million fund, Serena Ventures, debuted in 2022 and has started capitalizing a host of other startups. Alongside her venture activities, Williams has launched two fashion brands and taken minority positions in the Miami Dolphins and UFC. Forbes estimated her 2023 net worth at $290 million. </div><div><br /></div><div>Maria Sharapova, $220 million. The retired tennis star has grown her confectionary brand, Sugarpova, into a viable business, earning a reported $20 million annual revenue. Sharapova capitalized the business herself and still owns 100% of it. She has also invested in Public.com, Supergoop, and MoonPay. Her net worth is pegged at $220 million. </div><div><br /></div><div>By investing savvily, especially in sports franchises or mass-market consumer brands, athletes can earn far more in retirement than they ever did as athletes. </div><div><br /></div><div>Social media has eaten traditional media and changed the equation, allowing talent to talk to an audience intimately, repeatedly, and on a global scale. Traditional gatekeepers no longer have the same leverage – people have greater control than ever over their story and its distribution.</div><div><br /></div><div>Technology has reduced startup costs, removed complexity, and increased upside. It is cheaper than ever to start a company. It is also, easier, to launch an e-commerce brand, you can use a platform like Shopify. If you want to test out a new media property, you can use tools like Anchor to launch a podcast and YouTube to distribute videos.</div><div><br /></div><div>See You at the Top </div>Emmanuel Sodipohttp://www.blogger.com/profile/07802716734540874125noreply@blogger.com0tag:blogger.com,1999:blog-28991963.post-86396089351493094852024-01-28T05:46:00.000-08:002024-01-28T05:58:24.753-08:00Learn with Speed<p>The greater our knowledge increases, the greater our ignorance unfolds........President Kennedy of USA (Rice University 1962)</p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEin0ad8IL91ZDkTMjc-ZVqoduEmiY8_omx9XIXpkcQBQ3sO4hxF8AS1lLaSO__y8rpfTIuX5L56pH7sDTeLFP9fcDS1knucP9jhyIxJst_Fv9ARKW2MMZN9SSDjFQDAz76R9q1mG5D7PTuC7IEgUITth6HwPznqYdFWhFtbTSX4jBYOiO8jKbeh/s1200/capital.webp" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="627" data-original-width="1200" height="167" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEin0ad8IL91ZDkTMjc-ZVqoduEmiY8_omx9XIXpkcQBQ3sO4hxF8AS1lLaSO__y8rpfTIuX5L56pH7sDTeLFP9fcDS1knucP9jhyIxJst_Fv9ARKW2MMZN9SSDjFQDAz76R9q1mG5D7PTuC7IEgUITth6HwPznqYdFWhFtbTSX4jBYOiO8jKbeh/s320/capital.webp" width="320" /></a></div><p>Very few vocations require as much rapid learning as an innovative startup leader, a role that requires flexible intelligence and constant adaptation. The leader of an early-stage company might split their time between decoding governmental regulations, hiring staff, wooing investors, scanning deal documents, reviewing code, reviewing design, running a marketing campaign, and making sales. It is a learning treadmill that doesn’t stop. Though some functions are absorbed as a business grows, an innovative company will always find a new frontier to conquer.</p><p>The most important thing you need to do as a CEO is learn faster than the pace at which your company is growing. you shouldn’t think about learning as simply absorbing information and then copying what others are doing, but understanding the HOW and the WHY in a way that makes sense for your company.</p><p>Leadership skills are necessary in order for you to be successful with the company. Thankfully, leadership is a learned skill.</p><p style="text-align: left;"></p><ul style="text-align: left;"><li>Being a leader doesn’t mean you have to manage 100+ people.</li><li>Being a leader doesn’t mean you have to be a “smooth talker.”</li></ul><p></p><p>Being a leader often means “listening more than speaking.”: That means listening to market trends, customer feedback, and ideas from your team. </p><p>Being a leader often means Patience: Though there’s value in speed, but most of the best things in life take time to reveal themselves. They take time to unfold and play out. That process often makes the outcome richer, the learnings deeper, and the rewards much better. And sometimes, sitting in discomfort along that path is essential to finding the truth. </p><p>Bringing people along professionally requires patience, building a company requires patience, and often finding answers requires patience. </p><p>Being a leader often means Reading: The key nugget for a leader is to treat every resource – conversations, books, blog posts, etc. – as one single data point that will feed your own strategy.</p><p>Here are a few good books recommended by Mathilde Collin, CEO and Co-founder at Front.</p><p>- The Effective Executive. </p><p>- High Output Management. </p><p>- The Hard Things About Hard Things.</p><p>Finally, being a leader means Networking: Find coaches, mentors and create a group of peers (similar-stage companies) you can learn from and then hire people better than yourself.</p><p>See You at The Top</p>Emmanuel Sodipohttp://www.blogger.com/profile/07802716734540874125noreply@blogger.com0tag:blogger.com,1999:blog-28991963.post-92077245341537621692023-12-24T14:55:00.000-08:002023-12-25T16:34:18.542-08:00Enjoy the Season<p> Happy Holidays...</p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi6BoEN-Bq0s_kkP9-ODMK5mVOzF03KJc0rK65Jz-jTW9CeR2dTDXUsUeDpScs3djZiLeTKBY_efbGbONmRUejdA6kmugi5af3OGrA2cdfd0XtBcQuyeZrTWS8ix8X-4KbeTQhcwsgRSfvncXq7Bh3O728h08dfPSjxPn7xtQlVCNjZMv9FGlzf/s940/love2.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="625" data-original-width="940" height="213" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi6BoEN-Bq0s_kkP9-ODMK5mVOzF03KJc0rK65Jz-jTW9CeR2dTDXUsUeDpScs3djZiLeTKBY_efbGbONmRUejdA6kmugi5af3OGrA2cdfd0XtBcQuyeZrTWS8ix8X-4KbeTQhcwsgRSfvncXq7Bh3O728h08dfPSjxPn7xtQlVCNjZMv9FGlzf/s320/love2.jpg" width="320" /></a></div><br /><p><br /></p><p>True Love Heals </p><p>True Love Shares</p><p>Share words that are True to Heal and Restore</p><p>Daniel Williams, a philosopher, argues that misinformation is the symptom of deeper societal issues rather than the cause. It emerges from polarization, institutional distrust and governmental corruption.</p><p>Misinformation refers to false or inaccurate information that is spread, whether intentionally or unintentionally, misleading people and potentially causing harm. In the age of rapid information dissemination through the internet and social media, misinformation has become a significant concern.</p><p>Types of Misinformation:</p><p>Disinformation- False information that is deliberately spread with the intention to deceive or mislead.</p><p>Malinformation- True information that is shared with the intent to harm, often by disclosing private or sensitive details.</p><p>Misleading Information- Information that is presented in a way that leads people to draw incorrect conclusions.</p><p>Satire or Parody- Content created for humor or satire that may be misconstrued as factual information.</p><p>Misinformation poses significant challenges to society, impacting public discourse, decision-making, and trust in information sources. Addressing this issue requires a multi-faceted approach involving individuals, technology platforms, media organizations, and policymakers. Promoting a culture of critical thinking, fact-checking, and responsible information sharing is essential to mitigate the impact of misinformation.</p><p>Enjoy the Holidays</p>Emmanuel Sodipohttp://www.blogger.com/profile/07802716734540874125noreply@blogger.com0tag:blogger.com,1999:blog-28991963.post-59620682449024738802023-11-27T01:36:00.000-08:002023-11-28T01:48:09.244-08:00Intuition with Computation<p>Your product is your "first product", but your "second product" is building a company around the initial product such that you can scale your original product and bring it to more people. ----------- Ali Rowghani (Business Entrepreneurs)</p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiRbgZpZkzNh-kdm4vdNjG_GEIMHgKS_q_Hng2oxaSgJfZq_i8i20nDNx896IiKhjlhdOHrl5yJaHVyR5qwJz_7LCxy7hSflNUbvGdbDlFSB7HXSsXmXE2XwYJrspBpbJ9OqXWstHNFEKrPVv1CSIKr5mQpV5yU3flldOlhgqMyb0pha79tVJWP/s539/glassplant.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="539" data-original-width="526" height="320" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiRbgZpZkzNh-kdm4vdNjG_GEIMHgKS_q_Hng2oxaSgJfZq_i8i20nDNx896IiKhjlhdOHrl5yJaHVyR5qwJz_7LCxy7hSflNUbvGdbDlFSB7HXSsXmXE2XwYJrspBpbJ9OqXWstHNFEKrPVv1CSIKr5mQpV5yU3flldOlhgqMyb0pha79tVJWP/s320/glassplant.jpg" width="312" /></a></div><br /><p><br /></p><p>AI is not the ultimate. It’s important to match the right technology to the business problem. Starting with the problem—not the technology—is essential to a business-first approach.</p><p>The first brush with AI in many businesses is often limited to tier-one functionalities such as AI assistants that automate repetitive tasks: ghostwriting emails, scheduling projects, and fielding customer queries. AI, however, is capable of far more: complex problem-solving, hyper-personalization, and even the generation of new multimedia content.</p><p>We may get to the point where AI systems can get broader and more creative than humans. Let’s assume we get the rules right — [to build] safe, honest, harmless AI — I believe that everyone can have an AI assistant they really trust to help them make better life decisions.</p><p>Reportedly, a secret AI can do grade-school math's on problems it hasn’t seen before. This has previously been a challenge for LLMs like GPT-4. While ‘grade-school math's’ doesn’t seem like much, with exponential progress of the type we’ve witnessed, grade-school math's could quickly become PhD math's.</p><p>Merging human intuition and reasoning with AI’s computational prowess creates a powerful alliance.</p><p>Imagine a hospital where AI aids surgeons by suggesting optimal procedures in real time based on patient data. Or consider a marketing team paired with AI tools that optimize campaign strategies while the human team focuses on the creative narrative.</p><p>In each scenario, AI doesn’t replace human skills; it amplifies them, fostering an enriched, symbiotic workflow. It’s not just about improving current processes. AI’s capabilities enable new methods, products, and business models.</p><p>By weaving AI into the very fabric of your business strategies, you should aim for deeper industry-transforming applications.</p><p>See You at The Top</p>Emmanuel Sodipohttp://www.blogger.com/profile/07802716734540874125noreply@blogger.com0tag:blogger.com,1999:blog-28991963.post-76509811651698301402023-10-30T02:11:00.002-07:002023-11-04T01:51:20.471-07:00Innovate but Execute<p>When once the inch of literature comes over a man, nothing can cure it but the scratching of a pen........(Samuel Lover, Irish writer 1797-1868)</p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgLZLEfzLvck6X74FeAsJPG1f4AwTO9RoFcHtnZwGAYP0UF58RYVf0QhS477BtK25Kx60umJR4XSefhCPuwpb5NaLuJQ1ExoTzTXJnYFYxkgFShUfWUhk5hFIWk4r8xot5LgcRdw7vuFYoORRtDXB2qHMoCMnck494ul2zKxPB9H4rrLgI6ojRU/s1860/november.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="1200" data-original-width="1860" height="206" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgLZLEfzLvck6X74FeAsJPG1f4AwTO9RoFcHtnZwGAYP0UF58RYVf0QhS477BtK25Kx60umJR4XSefhCPuwpb5NaLuJQ1ExoTzTXJnYFYxkgFShUfWUhk5hFIWk4r8xot5LgcRdw7vuFYoORRtDXB2qHMoCMnck494ul2zKxPB9H4rrLgI6ojRU/s320/november.jpg" width="320" /></a></div><br /><p><br /></p><p>Intellect is not enough. Though possessing an elevated IQ make good dinner discussion, it is insufficient to build a great business. Indeed, intelligence as something of a commodity. </p><p>What separates average leaders from great ones isn’t horsepower but less tangible properties like obsession, commitment and energy. These entrepreneurs not only have the brains to innovate but the grit to execute.</p><p>Energy positivity. Anyone building anything sufficiently difficult needs to sell and galvanize people around them. They interact with more enthusiastism and excitement about an idea. But it is not just talk. They have immense clarity and urgency in their thinking. They understand what needs to be done, the key risks and milestones.</p><p>Innovation refers to the creative and forward-thinking aspect of a project or endeavor. It involves coming up with new ideas, approaches, and solutions to problems. Innovation is about pushing the boundaries, thinking outside the box, and staying ahead of the curve. Without innovation, a business or individual can become stagnant and fall behind the competition.</p><p>Execution is the practical and disciplined side of the equation. It involves taking the innovative ideas and actually implementing them effectively. Execution is about planning, organizing, and delivering on the promises made through innovation. Without strong execution, even the most brilliant ideas can remain unrealized.</p><p>The key is to strike a balance between these two elements. Too much innovation without execution can lead to a lot of great ideas but no tangible results. On the other hand, excessive focus on execution without innovation can lead to stagnation and missed opportunities for improvement and growth.</p><p>In essence, "innovate but execute" suggests that to be successful, one should not only generate new ideas and concepts but also be able to put them into action effectively. It's a reminder that both creativity and discipline are essential for achieving one's goals.</p><p>Consider these Headlines:</p><p></p><ul style="text-align: left;"><li>Daily active users on X have fallen by 16% since Musk took it over. Advertising revenue is down 54%.</li><li>In 2021 Google paid $26bn to be the default search engine on web browsers and mobile phones.</li><li>OpenAI is negotiating a deal potentially valuing it at $80 billion, positioning it as San Francisco’s highest-valued startup.</li></ul><p></p><p>The question then becomes: Does the capital and appetite for risk involved make this difficult for smaller entities?</p><p>See You at The Top</p>Emmanuel Sodipohttp://www.blogger.com/profile/07802716734540874125noreply@blogger.com0tag:blogger.com,1999:blog-28991963.post-45534004509380384402023-09-26T05:22:00.003-07:002023-09-26T05:22:53.744-07:00Risk or Opportunity<p> A work of art which did not begin in emotion is not art........Cezanne</p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj8UiOe2GFT5HP5_h97LXrexe7HlPx_oklj8yjjS6XBzPN71pvc0_ELtHROQlDhaUCuoqisaGrMcdDhq3pSunxJ2xGiMP9BPgF93eoQQapkwPch6G4D6yXA_lbEKOPqAI-mJNH5oqofZYAFILwiCbsM6YQruQwYnV3TnO9_ENCsrSYmNpO5HadU/s850/frt.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="520" data-original-width="850" height="196" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj8UiOe2GFT5HP5_h97LXrexe7HlPx_oklj8yjjS6XBzPN71pvc0_ELtHROQlDhaUCuoqisaGrMcdDhq3pSunxJ2xGiMP9BPgF93eoQQapkwPch6G4D6yXA_lbEKOPqAI-mJNH5oqofZYAFILwiCbsM6YQruQwYnV3TnO9_ENCsrSYmNpO5HadU/s320/frt.png" width="320" /></a></div><br /><p><br /></p><p>In the world of AI, ChatGPT can now speak, hear, see, and more.</p><p>Risk or Opportunity?</p><p>For the creative worker, it may expand the ranks of professional artists, creating opportunities for humans to co-create or collaborate with AI on an equal footing. </p><p>It could also starkly devalue the work of copywriters, composers, and artists, and relegate these workers to supporting roles, such as polishing scripts or adding some depth of feeling to digitally rendered art. </p><p>With tools like FaceSwap already in use to de-age stars like Harrison, if you lock down control of your digital twins, they you can monetize your avatars for old age and eventual demise.</p><p>Web3 technologies could allow artists to grow and perhaps even thrive, rather than suffer at its expense. For example, smart contracts can create avenues for artists to be compensated when their work is used to train AI like a large language model.</p><p>Web3 adds an economic layer and a rights layer to the Internet stack, where users can not only track intellectual property but also protect, manage, and monetize these digital assets themselves with transparency peer to peer. </p><p>Stranger creative instincts is A24 superpower, same instinct A24 used for startup Instagram and then sold to Facebook for $1billion.</p><p>Such fiscal prudence gave A24 the confidence to take risks elsewhere – namely, on the creative side. From the very beginning, Fenkel, Katz, and Hodges made the decision to seek outlier auteurs, those with bold, original visions. Their thesis was that gifted creators with a distinct point of view would appeal to younger audiences seeking an antidote to Hollywood’s stale sequel machine. A24 now boast of several Oscar wins. </p><p>Alibaba co-founder Jack Ma warned at a recent internal meeting that Alibaba’s core e-commerce group is facing very severe competition and that without innovative measures it may now be like Nokia on the eve of its mobile phone collapse.</p><p>Social media influencers have started to become product ambassadors, turning the emotional relationships with their followers into direct revenues for the companies they represent. The platforms take on an active role in generating user curiosity and interest by providing attractive, creative, and emotional content.</p><p>As the new sector matures, smart platforms are finding ways to help their influencers succeed, by leveraging AI to channel content of interest to individual users, thereby increasing users’ time and purchase on the platform.</p><p>A Risky challenge is a worthwhile Opportunity.</p><p><br /></p><p>See You at The Top</p>Emmanuel Sodipohttp://www.blogger.com/profile/07802716734540874125noreply@blogger.com0tag:blogger.com,1999:blog-28991963.post-87520223411912532652023-08-29T02:59:00.001-07:002023-08-29T04:45:15.694-07:00Computational Illusion<p>Old friends are best. King James used to call for his old shoes, they were easiest for his feet.......John Seldon(1584-1654, English historian)</p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh8xGBsbxdU6R8kKMc_m90XPn3HWC5oXibl3uh5tVfgYpgkxtCiv4pzjAtWZewKe1aSlwQyP2PqoXM-IqSn0coKbeeebcrOkht-MgvS64evGkusBk7KVB_49p6TtKdBC9Fs0Gfa6Lzizmb6C0TGJXUU_w9TAuVASU1i2lhZWD959kbrnIcE9CE6/s800/data1.png" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="600" data-original-width="800" height="240" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh8xGBsbxdU6R8kKMc_m90XPn3HWC5oXibl3uh5tVfgYpgkxtCiv4pzjAtWZewKe1aSlwQyP2PqoXM-IqSn0coKbeeebcrOkht-MgvS64evGkusBk7KVB_49p6TtKdBC9Fs0Gfa6Lzizmb6C0TGJXUU_w9TAuVASU1i2lhZWD959kbrnIcE9CE6/s320/data1.png" width="320" /></a></div><br /><p><br /></p><p>Learning the secrets of “geniuses” and the habits of titans with AI; </p><p>How do we think about generative AI? My view is that generative AI brings a drop in the cost of cognition and how we think. If the internet was the cost of information dropping to zero, my believe is that the cost of cognition and how we think, who we think with, is dropping to zero.</p><p>Although the human-like responses of AI are productive they are statistical illusion. They have just been well-trained by humans to respond to humans, and they have used all our texts and all our videos to be human-like in many ways. But in the end, it’s a computational illusion.</p><p>Due to the complexity of these systems, it's possible for them to produce outputs that appear meaningful or insightful, but upon closer examination, these outputs might be the result of statistical noise, biases in the training data, or even errors in the algorithms themselves.</p><p>The concept of computational illusion highlights the importance of critical thinking, validation, and understanding the limitations of computational systems. It reminds us that while these systems can provide powerful tools for analysis and decision-making, their outputs should always be interpreted with caution and an awareness of the potential for misleading results.</p><p>The European Union’s proposed AI Act takes some important steps, requiring transparency about the data used to train AI models, mitigation for potential bias, disclosure of foreseeable risks and reporting on industry standard tests.</p><p>The essence of humanity is relationship and the tension of ideas it produces, value your AI assistance but cherish your relationships more.</p><p>See You at The Top</p>Emmanuel Sodipohttp://www.blogger.com/profile/07802716734540874125noreply@blogger.com0tag:blogger.com,1999:blog-28991963.post-64180837994013468022023-07-29T08:18:00.001-07:002023-08-11T02:03:00.534-07:00Theory of Decision<p>“Every time you make the hard, correct decision, you become a bit more courageous, and every time you make the easy, wrong decision, you become a bit more cowardly"........ Ben Horowitz (venture capitalist in his book, The Hard Thing About Hard Things)</p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEizbtH0VVPLLUHpRpBGFDezsn-zRtl3I5o8QiXvYY5jN-V_xsJvbjzf2ypThizkFXn2zJuw8t5V2Jk2_FHRWNUiR98VcdgOxCE0sTRwdTgfRnfIIEdU-1wkYGij_3Sy4ucU9Z7ih4p5jQdyxAm-HkyC90rkgMpfSx270Vkvb6BVFFMVWqah5MB6/s900/AI-Transforming.webp" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="500" data-original-width="900" height="178" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEizbtH0VVPLLUHpRpBGFDezsn-zRtl3I5o8QiXvYY5jN-V_xsJvbjzf2ypThizkFXn2zJuw8t5V2Jk2_FHRWNUiR98VcdgOxCE0sTRwdTgfRnfIIEdU-1wkYGij_3Sy4ucU9Z7ih4p5jQdyxAm-HkyC90rkgMpfSx270Vkvb6BVFFMVWqah5MB6/s320/AI-Transforming.webp" width="320" /></a></div><br /><p><br /></p><p>If you read through Jeff Bezos’ 1997 Annual Shareholders Letter for long enough, you will find a message buried in the footnotes, Bezos uses this letter to outline his theory of decision-making. </p><p>For the Amazon founder, there are only two types of decisions in the world. </p><p>“Type 1” decisions are significant and irreversible. In Bezos’ theory, they are one-way doors: “If you walk through and don’t like what you see on the other side, you can’t get back to where you were before.” </p><p>“Type 2” decisions operate differently. They are two-way doors – easily reversible and light on jeopardy. When it comes to Type 2 decisions, if you don’t like your choice, just walk it back and try again.</p><p>Bezos makes his concern clear in his letter: as Amazon scales, it cannot lose its creativity. Employees across the company must recognize when they are facing a “Type 2” decision – and move quickly. </p><p>As organizations get larger, there seems to be a tendency to use the heavy-weight Type 1 decision-making process on most decisions, including many Type 2 decisions, he writes. “The end result of this is slowness, unthoughtful risk aversion, failure to experiment sufficiently, and consequently diminished invention.”</p><p>While big companies like Amazon might worry about maintaining their speed at scale, startups must know when to slow down and deliberate, to recognize when the stakes are high and the consequences of a misstep.</p><p>Decision theory has numerous applications in various fields, including economics, finance, management, psychology, artificial intelligence, and public policy, among others. It helps decision-makers understand and improve their choices by considering the available information and the potential consequences of their actions.</p><p>If you move too quickly, think too little, and act without strategy, you will lose the Edge.</p><p>See You at The Top</p><p><br /></p>Emmanuel Sodipohttp://www.blogger.com/profile/07802716734540874125noreply@blogger.com0tag:blogger.com,1999:blog-28991963.post-23224502266594550802023-06-29T00:01:00.000-07:002023-06-29T00:01:01.600-07:00Burden of Knowledge<p> The more we know, the more the next generation must learn to contribute at the cutting edge ------ (Economist Benjamin Jones, burden of knowledge)</p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgd1Dmzq-XbLDpNDFc14VQVIpsKbO2glRJaSqxVf23asCU-podYJzlhlHwQEEV5iyRMGmf22Y5OCETFqsduHAon-kkQ4G6e7QV2qrw5WXUnS0AzTJeg8xNAwFVX6OFkvXVgqy_S-mL71THJSGvb6R00uUtTFzcQa18xAtTXFQRcwQxyy_LehGC1/s1400/manage.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="1100" data-original-width="1400" height="251" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgd1Dmzq-XbLDpNDFc14VQVIpsKbO2glRJaSqxVf23asCU-podYJzlhlHwQEEV5iyRMGmf22Y5OCETFqsduHAon-kkQ4G6e7QV2qrw5WXUnS0AzTJeg8xNAwFVX6OFkvXVgqy_S-mL71THJSGvb6R00uUtTFzcQa18xAtTXFQRcwQxyy_LehGC1/s320/manage.png" width="320" /></a></div><p>Nearly half of McKinsey’s 30k workers use ChatGPT and other generative AI tools, The most common uses are coding with productivity gains as high as 55%; customer engagement (chat bots); content generation (personalized ads); and content synthesis (combining data points and services in new ways).</p><p>The burden of knowledge in business refers to the challenges and responsibilities that come with possessing knowledge or information that is critical to the success or operation of a business. It can manifest in several ways:</p><p></p><ul style="text-align: left;"><li>Decision-making: When you have specialized knowledge or expertise in a particular area, there is often an expectation that you will make informed decisions based on that knowledge. This burden can be stressful, as the decisions you make can have significant implications for the business and its stakeholders.</li><li>Accountability: With knowledge comes accountability. If you possess crucial information or expertise and fail to utilize it effectively, you may be held responsible for any negative outcomes or missed opportunities. This accountability can be a heavy burden, as the consequences of poor decision-making or inaction can be significant.</li><li>Continuous learning and staying up-to-date: In the rapidly evolving business landscape, knowledge becomes outdated quickly. As a result, there is a burden on individuals to continuously learn, adapt, and stay up-to-date with the latest developments in their field. This can require a significant investment of time and effort to maintain expertise, which can be challenging while juggling other responsibilities.</li><li>Sharing knowledge effectively: Another burden is the responsibility to share knowledge effectively with others within the organization. This includes training and mentoring colleagues, ensuring that critical information is disseminated accurately and efficiently, and promoting a culture of knowledge sharing. It can be challenging to strike the right balance between sharing knowledge and maintaining a competitive edge.</li><li>Ethical considerations: Possessing specialized knowledge can raise ethical considerations, particularly when it comes to issues such as intellectual property, confidentiality, or the impact of business decisions on various stakeholders. The burden of ensuring ethical conduct and navigating complex ethical dilemmas can be demanding.</li></ul><p></p><p>While the burden of knowledge can be challenging, it also presents opportunities for growth and leadership.By embracing the responsibility that comes with knowledge, individuals can contribute significantly to their organizations and make a positive impact on their business endeavors.</p><p>With invasion of Artificial intelligence, productivity improves and the burden of knowledge fizzles out.</p><p>See You at The Top</p>Emmanuel Sodipohttp://www.blogger.com/profile/07802716734540874125noreply@blogger.com0tag:blogger.com,1999:blog-28991963.post-67999591117837697622023-05-30T06:11:00.002-07:002023-05-30T06:11:59.154-07:00Trust in AI Assistance<p>“The truly important events on the outside are not the trends. They are changes in the trends.”</p><p>-----(Peter Drucker’s book; The Effective Executive)</p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi5tXvAcxpEIF1Gg0DdCpCO9dDfJBsvrlcJkAI4TALUC5J_KrX8TdZ77cDBuGROQwsUV0Hzn_p5wNsXDgbGrBtHxUg3xxIPuQo_E7Jw30x8VGHMofoYF0PfHTxeBdh0ERzCxb7JyazvTFi4dCKAslSGenWD5fZ6kkSlxkynzNDk8ZorYqjQyg/s1200/global.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="675" data-original-width="1200" height="180" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi5tXvAcxpEIF1Gg0DdCpCO9dDfJBsvrlcJkAI4TALUC5J_KrX8TdZ77cDBuGROQwsUV0Hzn_p5wNsXDgbGrBtHxUg3xxIPuQo_E7Jw30x8VGHMofoYF0PfHTxeBdh0ERzCxb7JyazvTFi4dCKAslSGenWD5fZ6kkSlxkynzNDk8ZorYqjQyg/s320/global.jpg" width="320" /></a></div><br /><p><br /></p><p>Trust in AI assistance is a complex and evolving concept. It refers to the level of confidence and reliance that individuals place in the capabilities and ethical use of AI systems designed to assist them in various tasks or decision-making processes. Trust is crucial because it affects how users interact with AI, depend on its recommendations, and integrate it into their lives.</p><p>For AI to truly be our assistant, it needs to be trustworthy. For it to be trustworthy, it must be under our control; it can’t be working behind the scenes for some tech monopoly. This means, at a minimum, the technology needs to be transparent. And we all need to understand how it works, at least a little bit.</p><p>AI tools can be so incredibly useful, they will increasingly pervade our lives, whether we trust them or not</p><p>Building trust in AI assistance involves several factors:</p><p>Reliability and Performance: AI systems should consistently provide accurate and reliable information or perform tasks as expected. When users observe that the AI consistently delivers helpful and accurate results, their trust in its abilities increases.</p><p>Transparency: Users need to understand how AI systems work, the data they use, and the algorithms they employ. Transparent AI systems that provide explanations for their recommendations or actions can help users understand and trust the technology better.</p><p>Privacy and Security: Users need assurance that their personal data is handled with care and protected against unauthorized access. Implementing robust privacy measures and security protocols helps build trust by demonstrating a commitment to user privacy.</p><p>Ethical Design and Use: AI systems should align with ethical principles and values, ensuring fairness, accountability, and avoiding biases. Users are more likely to trust AI assistance when they perceive it as unbiased, fair, and designed with their best interests in mind.</p><p>User Control and Empowerment: Allowing users to have control over AI assistance and its functionalities, such as customization options, feedback mechanisms, and the ability to override or modify suggestions, fosters a sense of empowerment and trust.</p><p>Users should be in control of the data used to train and fine-tune the AI system. When modern LLMs are built, they are first trained on massive, generic textual data from the Internet. Many systems go a step further by fine-tuning on more specific datasets purpose built for a narrow application, such as speaking in the language of an engineer, or mimicking the manner and style of their individual user. In the near future, corporate AIs will be routinely fed your data, probably without your awareness or your consent. </p><p>Any trustworthy AI system should transparently allow users to control what data it uses.</p><p>It's worth noting that trust in AI assistance is not absolute and can vary among individuals. People's trust levels may be influenced by their past experiences, cultural factors, or personal beliefs. Therefore, it's important for developers and organizations to continuously engage with users, address concerns, and iterate on AI systems to foster trust and ensure their responsible deployment.</p><p>Realistically, we should all be preparing for a world where AI is not trustworthy. Being a digital citizen, we should learn the basics of LLMs so that we can understand their risks and limitations for a given use case. This will prepare us to take advantage of AI tools, rather than being a data set.</p><p><br /></p><p>See You at the Top</p>Emmanuel Sodipohttp://www.blogger.com/profile/07802716734540874125noreply@blogger.com0tag:blogger.com,1999:blog-28991963.post-29072095279643182122023-04-26T14:32:00.000-07:002023-04-26T14:32:24.153-07:00Radical Uncertainty<p>Progress is not made by the cynics and the doubters, it is made by those who </p><p>believe everything is possible----(Carly Florina, speech, Las Vegas, 18 November 2002)</p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj_M0dvukI2AF6zWYr_2rO6EHIS02r2T4YQqrKVviigLLjs7Sl6mrx7Jpaqpq6ooNxrZjjzs5sLWBaIWN5y_qx2uAuS_164E7voYfLgAr4oq_YtszlxiXWMYEqn8CS3vnO6MweRq-UcFF4u3h53EKqV2jrXzFfZtTmHIesghtGeivn9fg_iYQ/s1600/ideav.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="1600" data-original-width="1600" height="320" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj_M0dvukI2AF6zWYr_2rO6EHIS02r2T4YQqrKVviigLLjs7Sl6mrx7Jpaqpq6ooNxrZjjzs5sLWBaIWN5y_qx2uAuS_164E7voYfLgAr4oq_YtszlxiXWMYEqn8CS3vnO6MweRq-UcFF4u3h53EKqV2jrXzFfZtTmHIesghtGeivn9fg_iYQ/s320/ideav.jpg" width="320" /></a></div><br /><p><br /></p><p>“Therefore, we call on all AI labs to immediately pause </p><p>for at least six months the training of AI systems more powerful than GPT-4,”</p><p>implores the open letter from the Future of Life Institute signed by </p><p>Elon Musk, Steve Wozniak, and Yuval Noah Harari², and others</p><p><br /></p><p>Radical uncertainty is a concept that refers to the idea that the future is </p><p>fundamentally unpredictable and that our knowledge of the world is always </p><p>incomplete. This concept challenges traditional approaches to decision-making </p><p>that assume that the future is knowable and that risks can be measured and managed.</p><p><br /></p><p>Skills as a currency is a concept rooted in the idea that skills have intrinsic</p><p>value and can be exchanged in the future economy. In other words, skills will </p><p>depend on both what's in a person's mind and what they have trained the machine to do.</p><p><br /></p><p>One way to develop a concept around radical uncertainty is to explore the </p><p>implications of this idea for different areas of life, such as business, </p><p>politics, and personal decision-making. For example, in the context of business, </p><p>the concept of radical uncertainty suggests that managers should be more humble </p><p>and cautious in their decision-making, recognizing that they cannot predict the </p><p>future with certainty. Instead, they should be more willing to experiment and </p><p>adapt their strategies as new information becomes available.</p><p><br /></p><p>In the political sphere, the concept of radical uncertainty highlights the </p><p>limitations of traditional economic models that assume rational actors with </p><p>complete information. Instead, policymakers should recognize the inherent </p><p>unpredictability of the world and be more open to diverse perspectives and </p><p>feedback from the public.</p><p><br /></p><p>At a personal level, radical uncertainty challenges individuals to embrace </p><p>uncertainty and be more comfortable with ambiguity. This means being willing </p><p>to take risks and make decisions in the face of incomplete information, and </p><p>being open to learning from failures and mistakes.</p><p><br /></p><p>Overall, the concept of radical uncertainty provides a framework for thinking </p><p>about the limitations of our knowledge and the unpredictability of the future. </p><p>By embracing uncertainty and being more flexible in our thinking and decision-making, </p><p>we can better adapt to the changing world around us.</p>Emmanuel Sodipohttp://www.blogger.com/profile/07802716734540874125noreply@blogger.com0tag:blogger.com,1999:blog-28991963.post-83680331428933593052023-03-29T14:43:00.000-07:002023-03-29T14:43:36.336-07:00Robots and Human Balance<p>"Robots may be programmed to perform tasks efficiently, but they will never replace the humanity that makes us truly human."-------(ChatGPT, OpenAI....mar,2023)</p><p>"Robots are just a reflection of ourselves, a mirror in which we can see both our greatest strengths and our deepest flaws." - (Daniel H. Wilson)</p><p><br /></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhHkI57AGBkQGQSBQi2X7IxjD7cZu07AimL4L1EgCoXHDI19_9zQWoBd91jT4Js4pvabVPL4i5jztsuRVkyMWdYSqq1xyNe-ave1hxp_QM_Vh_90PuVmJg87QiyjII1BjVB94Q_bVNUbNOJEJ9YlPMIRk62-B9URB7SXY4tssIwmbk-EjZf6w/s1229/pool1.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="1229" data-original-width="1229" height="320" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhHkI57AGBkQGQSBQi2X7IxjD7cZu07AimL4L1EgCoXHDI19_9zQWoBd91jT4Js4pvabVPL4i5jztsuRVkyMWdYSqq1xyNe-ave1hxp_QM_Vh_90PuVmJg87QiyjII1BjVB94Q_bVNUbNOJEJ9YlPMIRk62-B9URB7SXY4tssIwmbk-EjZf6w/s320/pool1.jpg" width="320" /></a></div><br /><p>OpenAI releases an LLM (Large Language Model) that can easily pass the American Bar exams, create recipes from a picture of the inside of a fridge, and code a website within minutes. </p><p>All very impressive, the questions is How many jobs will be replaced? or rather How much balance is required? </p><p><br /></p><p>Balancing robots and humans in the workplace and business involves understanding the strengths and limitations of each and finding ways to leverage their respective capabilities. </p><p>Here are a few tips to help achieve a balance:</p><p>1) Robots should be Introduced as Coworkers - Not Replacements: Robot technology should not simply be added as a novelty, but carefully integrated to deliver value to customers and support employees — maintaining a balance between automation and human interaction.</p><p>(e.g., “have you met Janet, my new robot coworker?” can ensures robot functionality to coworkers)</p><p>2) Identify the tasks that can be automated: By identifying the tasks that can be automated, you can free up time for your employees to focus on more strategic, high-value work that requires human skills such as creativity, problem-solving, and emotional intelligence.</p><p>3) Consider the human touch: There are some tasks that require the human touch, such as customer service and sales. Robots can help automate some of the more routine aspects of these tasks, but ultimately, it is the human connection that builds trust and establishes long-term relationships with customers.</p><p>4)Encourage collaboration: Instead of pitting robots against humans, encourage collaboration between the two. Humans can provide the robots with the data they need to make more accurate decisions, while robots can take on repetitive tasks, freeing up employees to focus on more complex work.</p><p>5)Invest in training: As automation becomes more prevalent in the workplace, it is essential to invest in training for your employees so that they can develop the skills they need to work alongside robots effectively. This could include upskilling in areas such as data analysis, programming, and critical thinking.</p><p>Consider GitHub’s Copilot" Harvey"; it focuses on the legal world. Harvey helps lawyers perform tasks in due diligence, litigation, research, and compliance. It is off to a good start, the firm has already landed deals with PwC and Allen & Overy.</p><p>Overall, the key to balancing robots and humans in the workplace is to recognize that each has its unique strengths and limitations. By leveraging these strengths and finding ways to collaborate, businesses can create a more efficient, productive, and harmonious work environment.</p><p>Consider the first quote at the top generated by AI, I have a problem with it.......probably a debate for another day.</p><p>See You at the Top</p>Emmanuel Sodipohttp://www.blogger.com/profile/07802716734540874125noreply@blogger.com0tag:blogger.com,1999:blog-28991963.post-84391140589707926152023-02-27T01:08:00.000-08:002023-02-27T01:08:49.002-08:00Research Using ChatGPT<p>If writing did not exist, what terrible depression we should suffer from ........Sei Shonagon (c966 - c1013, Japanese writer)</p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj6zNHXKiSdzbGJdbiNMnD-YgllxrUbK3LUdjfLoGmq8zKds8EPySTPDuCIGIIEDMPnz7LHZNuV8MrA-DAvr50lAVrIHu5Ud7646b8l2NRgyKRfiJyLz1oL-Xaz0QDHIWJVzyCVl0d-YurbD8r5HSUY45h7QB3-gkPJSH4ktF9xDf7dx6qziQ/s1920/free2.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="1288" data-original-width="1920" height="215" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj6zNHXKiSdzbGJdbiNMnD-YgllxrUbK3LUdjfLoGmq8zKds8EPySTPDuCIGIIEDMPnz7LHZNuV8MrA-DAvr50lAVrIHu5Ud7646b8l2NRgyKRfiJyLz1oL-Xaz0QDHIWJVzyCVl0d-YurbD8r5HSUY45h7QB3-gkPJSH4ktF9xDf7dx6qziQ/s320/free2.jpg" width="320" /></a></div><br /><p><br /></p><p>You can begin your creative process with ChatGPT, the research potential of AI is significant.</p><p>Let's try with research on boardgames.</p><p><br /></p><p>Discussion begins.</p><p>You: Are you familiar with Azul?</p><p><br /></p><p>ChatGPT: Yes, I am familiar with Azul. It is a popular abstract strategy board game designed </p><p>by Michael Kiesling. Players take turns selecting tiles from factories and placing them onto </p><p>their individual player boards to score points. The goal is to score the most points by </p><p>creating aesthetically pleasing patterns and completing sets. It's a challenging and fun game </p><p>that has received many awards and accolades.</p><p><br /></p><p>You: Ok. and you obviously know Ticket to Ride as well</p><p><br /></p><p>ChatGPT: Yes, I'm familiar with Ticket to Ride! It's a popular board game designed by </p><p>Alan R. Moon. The game takes place in the early 20th century and players collect and play </p><p>matching train cards to claim railway routes connecting cities in various countries around </p><p>the world. The objective is to connect as many cities as possible to score the most points. </p><p>Ticket to Ride is known for its simple yet engaging gameplay, beautiful artwork, and replayability.</p><p> It's a great game for families and casual gamers, and has many different versions and expansions </p><p>available.</p><p><br /></p><p>You: What are the abstract characteristics that Ticket to Ride and Azul have in common?</p><p><br /></p><p>ChatGPT: Ticket to Ride and Azul share several abstract characteristics:</p><p><br /></p><p>Route building: Both games involve building routes or patterns, either by connecting cities in </p><p>Ticket to Ride or laying tiles in Azul.</p><p><br /></p><p>Resource management: Both games require players to carefully manage their resources, such as </p><p>train cards in Ticket to Ride and tiles in Azul.</p><p><br /></p><p>Set collection: Both games involve collecting sets of specific elements, such as train </p><p>cards of a certain color in Ticket to Ride or tiles of a specific color and shape in Azul.</p><p><br /></p><p>Strategic planning: Both games require players to plan ahead and make strategic decisions, </p><p>such as which routes to build or which tiles to take from the factories.</p><p><br /></p><p>High replayability: Both games have high replayability, as there are many different ways </p><p>to score points and the games can be played multiple times without feeling repetitive.</p><p>These are just a few of the abstract characteristics that Ticket to Ride and Azul share.</p><p><br /></p><p>You: Would it be fair to say that Ticket to Ride is closer in game style to Azul, than </p><p>Monopoly is to Azul?</p><p><br /></p><p>ChatGPT: Yes, it would be fair to say that Ticket to Ride is closer in game style to Azul </p><p>than Monopoly is to Azul. While both Ticket to Ride and Monopoly are board games, they have </p><p>very different gameplay mechanics and styles.</p><p><br /></p><p>Ticket to Ride and Azul are both abstract strategy games that involve route building, </p><p>resource management, set collection, and strategic planning. They both have relatively simple </p><p>rules and a focus on strategy and planning.</p><p><br /></p><p>In contrast, Monopoly is a classic roll-and-move game that primarily involves players acquiring </p><p>property, building houses and hotels, and collecting rent from other players. Monopoly has a </p><p>much stronger focus on luck, as players' progress is largely determined by the roll of the dice.</p><p><br /></p><p>So while both Ticket to Ride and Monopoly are board games, Ticket to Ride is much more similar </p><p>in style and gameplay to Azul.</p><p><br /></p><p>This makes sense. Quite an impressive but not conclusive. </p><p>After this, you could instruct ChatGPT to imagine entirely new board games.</p><p><br /></p><p>See You at The Top</p>Emmanuel Sodipohttp://www.blogger.com/profile/07802716734540874125noreply@blogger.com0tag:blogger.com,1999:blog-28991963.post-26561693888966686912023-01-30T06:46:00.003-08:002023-02-21T01:25:55.224-08:00Digital Humans<p>Digital Human:</p><p>Ever tried. Ever failed. No matter. Try again. Fail again. Fail better........... Samuel Beckett, Irish poet (1906-89)</p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhbzYd35D8KxQyvyGTl9_LUl0fs8jyxrQcWf1QsSNWSUNJsKrbHV135j9Cchur9kx0IGF9-wQYUcZrgdfzb_dfJq7ASIFIPL42q9iv3CPobttyDheZWjpzOD94aTF_SyNnFv02IFk02USQWpZlerN8aWGXAFU7oFsAsKtiI6wL8_ygzrxJz5Q/s768/innovation.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="432" data-original-width="768" height="180" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhbzYd35D8KxQyvyGTl9_LUl0fs8jyxrQcWf1QsSNWSUNJsKrbHV135j9Cchur9kx0IGF9-wQYUcZrgdfzb_dfJq7ASIFIPL42q9iv3CPobttyDheZWjpzOD94aTF_SyNnFv02IFk02USQWpZlerN8aWGXAFU7oFsAsKtiI6wL8_ygzrxJz5Q/s320/innovation.jpg" width="320" /></a></div><br /><div class="separator" style="clear: both; text-align: center;"><br /></div><p>Many firms investing in technology are not seeing its benefits. McKinsey research finds that firms typically realize only about 25% to 30% of the expected value of their digital transformations. Much of the shortfall comes from not properly updating the firm’s strategy and business model to take advantage of new digital strengths.</p><p>Leading firms set bold business goals enabled by technology. They reconfigure their organizations to digitize their operations and capture the benefits of technology, rather than augment existing ways of working.</p><p>Some companies are already using technology such as “digital humans” as sales assistants, corporate trainers, and social media influencers. “When deployed at scale, digital humans will radically change the business landscape,”</p><p>“They may not be as capable or versatile as human employees, but they have clear advantages when it comes to cost, customizability, and scalability. Once ‘hired,’ they never tire, never complain, never seek a raise, and always follow company policy.”</p><p>But for all the threat over the potential for humans to be replaced by machines in formats like poetry and sitcom scripts, a far greater threat looms: artificial intelligence replacing humans in the democratic processes as digital lobbyist.</p><p>ChatGPT could automatically compose comments submitted in regulatory processes. It could write letters to the editor for publication in local newspapers. It could comment on news articles, blog entries and social media posts millions of times every day. </p><p>Human lobbyists rely on decades of experience to find strategic solutions to achieve a policy outcome. That expertise is limited, and therefore expensive.</p><p>AI powered lobbyist could, theoretically, do the same thing much more quickly and cheaply. Speed is a huge advantage in an ecosystem in which public opinion and media narratives can become entrenched quickly to a chaotic national and world event.</p>See You at The Top<p></p>Emmanuel Sodipohttp://www.blogger.com/profile/07802716734540874125noreply@blogger.com0tag:blogger.com,1999:blog-28991963.post-41696046269575890442022-12-24T03:08:00.002-08:002023-09-22T04:21:37.513-07:00Merry Christmas and Happy Holidays<p>Shout joyfully to the Lord, all the Earth. Break forth in song, rejoice and sing praises.</p><p>Sing to the Lord with the harp, with the harp and sound of a psalm</p><p>With trumpets and the sound of a horn; Shout joyfully before the Lord, the King......</p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiRbqCuY8EasTPqEGGTkmlk0BjW6tbnGqKEt6Fh_TRVtLOBDjhh81nzIYBot0DtY5DihjWFg_nf9qc8s5DcC4x4NGj7UOCRxRuceGQsPYDWz5co3i6oSO95hZwijGXwzF9X-3rs08sOGYFnePphpNlW7Cxm0My8zw2defHKgWbTQxpxMCHA4A/s940/coastal.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="625" data-original-width="940" height="213" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiRbqCuY8EasTPqEGGTkmlk0BjW6tbnGqKEt6Fh_TRVtLOBDjhh81nzIYBot0DtY5DihjWFg_nf9qc8s5DcC4x4NGj7UOCRxRuceGQsPYDWz5co3i6oSO95hZwijGXwzF9X-3rs08sOGYFnePphpNlW7Cxm0My8zw2defHKgWbTQxpxMCHA4A/s320/coastal.jpg" width="320" /></a></div><br /><p><br /></p><p>Balancing Talent and Character:</p><p>The debate between talent and character often centers around the idea that character can compensate for a lack of talent, and vice versa. Here are a few considerations:</p><p>Talent with Character: When a person possesses both talent and a strong character, they have the potential for exceptional success. Their innate abilities provide a foundation, while their character traits drive them to continually improve and act ethically.</p><p>Character Developing Talent: In cases where an individual lacks natural talent in a particular area, their character traits can help them compensate. Through hard work, perseverance, and a willingness to learn, they can develop skills and expertise over time.</p><p>Context Matters: The relative importance of talent and character can vary depending on the context. In some fields, such as sports or the arts, talent may be more immediately noticeable. In others, like academia or business, character attributes such as discipline, integrity, and teamwork may take precedence.</p><p>In conclusion, the debate between talent and character is not an either-or proposition. Both have their place in personal and professional development. Talent provides a foundation, while character traits like determination, resilience, and ethics determine how effectively that talent is leveraged. Ultimately, the balance between talent and character can vary greatly from person to person and situation to situation.</p><p>Have a Fun Holiday and a Happy New Year.</p><p><span face=""Segoe UI Historic", "Segoe UI", Helvetica, Arial, sans-serif" style="background-color: white; color: #050505; font-size: 15px; white-space: pre-wrap;">May the Joy, Peace and Love of the Season Remain in your Home</span></p><p><br /></p>Emmanuel Sodipohttp://www.blogger.com/profile/07802716734540874125noreply@blogger.com0tag:blogger.com,1999:blog-28991963.post-2170766739034436742022-11-27T23:45:00.007-08:002022-12-09T04:19:17.090-08:00Your Robot ID<p><br /></p><p>Until you understand the writer's ignorance, presume yourself ignorant of his understanding........(Samuel Taylor Coleridge, 1817)</p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj9SPWoQu8YTToye5fba-w36TOSuQIFaEDTOQ6yjEdmKNG4HegHE6U3IDEw3ze0dwAaxLGJLHcSbQX15xWPbvD-2F7iT-Qdx5NVyCgdJLKIFd1jEcRYyiIBAq3k8dsXs2MHHVRfJn673doVh2rbKREOKMQSNVGDSaUg7rMS8Rad9dMW4Pl90Q/s512/ideas.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="288" data-original-width="512" height="180" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj9SPWoQu8YTToye5fba-w36TOSuQIFaEDTOQ6yjEdmKNG4HegHE6U3IDEw3ze0dwAaxLGJLHcSbQX15xWPbvD-2F7iT-Qdx5NVyCgdJLKIFd1jEcRYyiIBAq3k8dsXs2MHHVRfJn673doVh2rbKREOKMQSNVGDSaUg7rMS8Rad9dMW4Pl90Q/s320/ideas.png" width="320" /></a></div><br /><p><br /></p><p>Your ID is Yours, even as you move from provider to provider. Your ID protocol should be web scalable with a mechanism for a marketplace ranking systems where the service providers can choose.</p><p>What happens when an AI is able to discover new hacks against these general systems?</p><p>What happens when AIs find loopholes, or loopholes in financial regulations?</p><p>A “Hack” is something a system permits but is unanticipated and unwanted by its designers. It’s subversion, or exploitation.</p><p>It’s unplanned: a mistake in the system’s design or coding </p><p> We have systems in place to deal with these sorts of hacks, but they were invented when hackers were human and reflect the human pace of hack discovery. They simply would be overwhelmed with AI finding hundreds, of loopholes in financial regulations. </p><p>What happens if AI hacks Your ID, persona bots (These are chatbots on a very small scale);</p><p> They could participate in small forums around the Internet, hobbyist groups, book groups and more. In general, they would behave normally, participating in discussions like a person does. </p><p>But occasionally they would say something partisan or political, depending on the desires of their owners.</p><p>With unique ID, it would be hard for existing bot detection techniques to find them. </p><p>With replication by the millions across social media, they would affect what we think, and -- just as importantly -- what we think others think. </p><p>A political discussion could be persona bots arguing with other persona bots.</p><p>See You at The Top</p>Emmanuel Sodipohttp://www.blogger.com/profile/07802716734540874125noreply@blogger.com0tag:blogger.com,1999:blog-28991963.post-11147234832385465622022-10-31T04:17:00.005-07:002023-09-22T04:12:36.255-07:00Anonymity with Finance<p>“When you combine anonymity with finance -- not the right to speak anonymously, but the right to run an investment fund anonymously -- you’re rolling out the red carpet for serial scammers, who can run a scam, get caught, change names, and run it again, incorporating the lessons they learned.”.........Cory Doctorow (Privacy advocate,2022)</p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiE36QeOQJJNH0y0ettxgI9LQXWE-QjXMrEER4v17w6HWerjutZWI7lMThI4QASnhWA-2exahbKnLMiEET3fmE0_OVbcXr8H1DfkvpBnmxH1UzcKoLXgVN2JeAM3ZG95CvSBdi6FKKWen5EjIVlsAhSWVOcPAgSKucihLkKOF4vIs5_V30rzw/s768/Hero.jpeg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="549" data-original-width="768" height="229" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiE36QeOQJJNH0y0ettxgI9LQXWE-QjXMrEER4v17w6HWerjutZWI7lMThI4QASnhWA-2exahbKnLMiEET3fmE0_OVbcXr8H1DfkvpBnmxH1UzcKoLXgVN2JeAM3ZG95CvSBdi6FKKWen5EjIVlsAhSWVOcPAgSKucihLkKOF4vIs5_V30rzw/s320/Hero.jpeg" width="320" /></a></div><br /><div class="separator" style="clear: both; text-align: center;"><br /></div><br /><p><br /></p><p>AI spent decades learning. Now it’s maturing and scaling—some say, too fast.</p><p><br /></p><p>The balance between human and AI should be recalibrated, leaders worry openly about the implications of “bad AI,” faulty facial recognition, biased algorithms, and AI-powered deep fakes. By using software running on blockchains rather than people; You could create services that “cannot be shut down. Not by a court, not by a police force, not by a nation state.” People would be able to set whatever rules they wanted, regardless of what any government prohibited.</p><p><br /></p><p>Is it a mistake to defend decentralized autonomous organizations (DAOs) on the grounds that code is free speech? </p><p><br /></p><p></p><ul style="text-align: left;"><li>The United States does not want China to have advanced AI computing and supercomputing facilities, so it has blocked them from purchasing the best AI chips. </li></ul><p></p><p></p><ul style="text-align: left;"><li>It does not want China designing its own AI chips, so it has blocked China from using the best chip design software to design high-end chips.</li></ul><p></p><p></p><ul style="text-align: left;"><li>It has blocked chip manufacturing facilities worldwide from accepting entity-listed Chinese chip design firms as customers.</li><li>The United States does not want China to have its own advanced chip manufacturing facilities, so it has also blocked them from purchasing the necessary equipment. </li></ul><p></p><p><br /></p><p>Some code is speech, but not all code is speech. </p><p>This will become even more important as robots become more capable and prevalent. </p><p>The past few years of DAO activity has taught enthusiast a series of painful and expensive lessons on the limits of both computer security and incomplete contracts: Software has bugs, and contracts may do weird things under unanticipated circumstances. These combination results in multimillion-dollar frauds and thefts.</p><p><br /></p><p>See You at the Top</p><p><br /></p>Emmanuel Sodipohttp://www.blogger.com/profile/07802716734540874125noreply@blogger.com0tag:blogger.com,1999:blog-28991963.post-31389221718186057042022-09-30T12:46:00.031-07:002022-10-01T04:38:50.315-07:00The Adventure of a Dream<p> Listen, I tell you a mystery; We will not all sleep, but we will all be changed (1Co 15:51)</p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhl8QZ4ULE8dv-x456mAOMV3cbeELfmSwOEDr6tBFcNYjz8uOWVfgVgo7JTPdc2cbeu8GsvBJfFT3MltkOWyyO3zKn5WablvoV6XcPmt97vPp3HTJvCg42fHf7Wdenkukz37m2_PZWJL2HtdZJmhoS-dGCmxBkOy7N7HtbmCCCUa03v04FjDA/s851/green.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="315" data-original-width="851" height="118" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhl8QZ4ULE8dv-x456mAOMV3cbeELfmSwOEDr6tBFcNYjz8uOWVfgVgo7JTPdc2cbeu8GsvBJfFT3MltkOWyyO3zKn5WablvoV6XcPmt97vPp3HTJvCg42fHf7Wdenkukz37m2_PZWJL2HtdZJmhoS-dGCmxBkOy7N7HtbmCCCUa03v04FjDA/s320/green.png" width="320" /></a></div><br /><p><br /></p><p>A dream can be an adventure playground, a night school or a portal into the multiverse. </p><p>It can also be a place of healing, inspiration and higher education.</p><p>After all the research and science, there is strength in faith</p><p>Learn to recognize and harness the powers of dreaming:</p><p></p><ul style="text-align: left;"><li>We solve problems in our sleep</li><li>Dreams coach us for future challenges and opportunities</li><li>Dreams hold up a magic mirror to our actions and behavior</li><li>Dreams show us what we need to do to stay well</li><li>Dreams are a secret laboratory</li><li>Dreams are a creative studio</li><li>Dreams help us to mend our divided selves</li><li>Dreaming is a key to better relationships</li><li>Dreams recall us to our larger purpose</li></ul><p></p><p>A dream can be a garden of heavenly delights and a place of encounter </p><p>See You at the Top</p>Emmanuel Sodipohttp://www.blogger.com/profile/07802716734540874125noreply@blogger.com0tag:blogger.com,1999:blog-28991963.post-48137768716550315282022-08-26T09:53:00.004-07:002023-09-22T04:11:39.290-07:00The Business of Hope<p>"Science must begin with myths,and with the criticism of myths"------karl Popper (The philosophy of Science, 1957)</p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEigVsKNceB8jyH0oYsBV3btP2qA6xHCTrWh1VJkBkJuoumfx2EVSxlZLEJkAeoUZTC7AEoOI1JG5FaeZZpCNa14lH8ZyCcEuXHR4-2x7HsLfRqyVWygWgMz6CeJ6K_iPu8G9Pm7S-xKckKrU8n1PAo4uRYudftY_9z2JDHtPHcYA6P4anSeTg/s660/summer.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="330" data-original-width="660" height="160" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEigVsKNceB8jyH0oYsBV3btP2qA6xHCTrWh1VJkBkJuoumfx2EVSxlZLEJkAeoUZTC7AEoOI1JG5FaeZZpCNa14lH8ZyCcEuXHR4-2x7HsLfRqyVWygWgMz6CeJ6K_iPu8G9Pm7S-xKckKrU8n1PAo4uRYudftY_9z2JDHtPHcYA6P4anSeTg/s320/summer.jpg" width="320" /></a></div><br /><p><br /></p><p>Downturns can be great times to introduce offerings that connect with consumers who have tighter purse strings or are naturally frugal given continued uncertainty. It’s reasonable to expect the need for alternative energy sources to combat climate change and reduce dependence on autocracies, greater food safety, and more dependable supply chains to attract today’s entrepreneurial energy. </p><p>There was a recession on the heels of World War II, in 1948–1949, before the post-war boom. In 1948, the McDonald brothers fired all their carhops, closed their flagship store, installed new equipment, and reopened three months later with a novel approach for preparing food. Instead of having a single skilled cook who would custom-make orders, McDonald’s simplified the menu so that less-skilled people could prepare the same thing over and over again</p><p>In 1953, the company started franchising its stores to other entrepreneurs. Franchise owner Ray Kroc bought out the brothers in 1954 and scaled McDonald’s into today’s global powerhouse.</p><p>Walt Disney founded his Disney company in 1923, a time where the world desperately needed hope.</p><p>Airbnb, an online marketplace for “places to stay and things to do,” was founded during the height of the recession in 2008. Its service appealed to thrifty millennials looking for a cheap way to travel, as did Uber’s car-sharing model.</p><p>The fact that resource scarcity typically accompanies recessions forces innovators to optimize processes :</p><p><b>Prune Prudently</b>- resources need to be focused on places where they can have the greatest impact</p><p><b>Share the Innovation Load</b>-companies should embrace open innovation and find smart ways to collaborate.</p><p><b>Smart Strategic Experiments</b>-start with a hypothesis. Design an experiment with clear objectives. Make a prediction about what you think will happen. Test in a way in which you can measure and assess your prediction</p><p>Thus, understanding how digital technology works and how to embed it into business strategy has had to become a core leadership skill </p><p>Making the best use of digital technologies is what propels organizations into the future. To lead successfully in the digital age, leaders have to go beyond their usual training and learn to become digital collaborators.</p><p>Acronym HOPE (hypothesis, objective, prediction, execution plan).</p><p>See You at the Top</p><p><br /></p>Emmanuel Sodipohttp://www.blogger.com/profile/07802716734540874125noreply@blogger.com0tag:blogger.com,1999:blog-28991963.post-27895893187143827712022-07-25T03:10:00.000-07:002022-07-25T03:10:52.558-07:00Technology Pioneers<p> I had three chairs in my house; one for solitude, two for friendship, three for society</p><p>--------Henry David Thoreau 1817-62 (American writer)</p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjZGwjh6EvMGZyZiIvQF5i2bYqVMSxjOYfNqouXtz1o1M7m8Q66SpQzpZQIW7EWd14gYmU4DggIbcA-lVi2N6vQ7o-4Kc5x1tjIUu5kMdg60w6RRj2plUIsAYZEpbmj3mruWNDO9gVQJwmtEg4adCnvQSAay0eh5s7NUbNIH2gnNvN5f1QKqA/s598/globe.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="230" data-original-width="598" height="173" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjZGwjh6EvMGZyZiIvQF5i2bYqVMSxjOYfNqouXtz1o1M7m8Q66SpQzpZQIW7EWd14gYmU4DggIbcA-lVi2N6vQ7o-4Kc5x1tjIUu5kMdg60w6RRj2plUIsAYZEpbmj3mruWNDO9gVQJwmtEg4adCnvQSAay0eh5s7NUbNIH2gnNvN5f1QKqA/w320-h173/globe.jpg" width="320" /></a></div><br /><p><br /></p><p>Even the largest companies need partners.</p><p>Innovation partnerships offer many advantages; </p><p>They offset R&D costs </p><p>Add expertise and flexibility </p><p>Help create new markets </p><p>Accelerate innovation and commercialization timelines</p><p><br /></p><p>The fact is, innovation is complex and risky, and collaboration can make it riskier. Partners need to devise new ways of fostering trust and openness, managing risk, and communicating opportunity. </p><p>More specifically, they have to: </p><p>1) Establish Rules of Engagement - assigning ownership of IP and the right to commercialize or benefit from the results of their collaborations, </p><p>2) Devise fair and effective dispute resolution systems - partners should acknowledge formally that disagreements and disputes are likely to arise </p><p>3) Figure out how to allocate risk and financial burden - all participants to take risks proportional to the potential benefits being offered to them</p><p><br /></p><p>Some Companies to consider for Partnerships,</p><p>Technology Pioneers for 2022:</p><p><b>Africa</b></p><p>-Access Afya (Kenya) – High-quality healthcare for the global mass market</p><p>-Ampersand (Rwanda) – Africa's leading battery-swap energy network for light vehicles</p><p>-Okra (Nigeria) – Digitalizing financial services for Africa</p><p>-Sendy (Kenya) – Building fulfilment infrastructure for e-commerce and consumer brands</p><p><br /></p><p><b>Asia Pacific</b></p><p>-Allinfra (China) – Building technology to help institutions achieve their climate goals</p><p>-Authing (China) – Enterprise's next-generation information technology identity infrastructure</p><p>-EMQ (Singapore) – Enabling real-time, secure and affordable financial services for everyone, everywhere</p><p>-Okra Solar (Australia) – Developing hardware and software for sustainable last-mile energy access</p><p>-Pandocorp (India) – Making supply chain execution intelligent with a fast logistics cloud</p><p>-Qcraft (China) – Autonomous driving solutions for easy autonomous application with rapid iteration</p><p>-XCharge (China) – All-in-one smart electric vehicle charging solution pioneer</p><p>-YesHealth (China) – Building the world's largest and most efficient vertical farms</p><p><br /></p><p><b>Europe</b></p><p>-Beenova AI (UK) – Scaling education through conversational learning powered by artificial intelligence</p><p>-Betteries (Germany) – Upcycling electric vehicle batteries into affordable mobile power systems</p><p>-Citibeats (Spain) – Ethical artificial intelligence big data analysis</p><p>-Collective Benefits (UK) – Insurance and benefits platform for independent work</p><p>-Mission Space (Luxembourg) – A private satellite-based space weather intelligence system</p><p>-Oxford Quantum Circuits (UK) – Building quantum computers to enable life-changing discoveries</p><p>-Roboze (Italy) – Reshaping manufacturing with a new distributed production model</p><p>-ROCSOLE (Finland) – Insights from harsh process conditions improving industry operational efficiency</p><p>-Somnium Space (UK) – Open, social and persistent virtual reality platform powered by blockchain</p><p>-Twin Science (UK) – Developing children's skills through purpose-led STEM learning</p><p>-Wolfprint 3D (Estonia) – Cross-app avatar platform for the metaverse</p><p><br /></p><p><b>Latin America</b></p><p>-microTERRA (Mexico) – Powering the plant-based future</p><p>-Pomelo (Argentina) – Infrastructure to launch and scale fintech in Latin America</p><p><br /></p><p><b>Middle East and North Africa</b></p><p>-Eureka Security (Israel) – A data security posture management platform</p><p>-HawKar (Tunisia) – An innovative start-up aimed at people with reduced mobility</p><p>-OCON Healthcare (Israel) – 3D uterine drug delivery to fit women's anatomy</p><p><br /></p><p><b>North America</b></p><p>-Alife (USA) – An IVF operating system to improve outcomes and fertility care</p><p>-Aliro Quantum (USA) – Quantum networks for physics-based secure communication and scalable quantum computing</p><p>-Butlr Technologies (USA) – Making the built environment people-aware</p><p>-Credo AI (USA) – Operationalizing responsible artificial intelligence</p><p>-Databento (USA) – Pay-as-you-go for financial market data</p><p>-Emerge (USA) – Bringing touch and emotion to virtual experiences</p><p>-Ignite (USA) – Accelerating the world's transition to a decentralized future</p><p>-Journey Foods (USA) – Automating sustainability, nutrition and cost innovation</p><p>-Novoloop (USA) – Upcycling company creating chemicals and materials made from plastic</p><p>-Oolu (USA) – Distributing solar energy solutions in West Africa</p><p>-Recuro Health (USA) – Pre-emptive digital medical care to lower costs and improve outcomes</p><p>-Resilinc (USA) – A leading supply chain risk monitoring, mapping and resiliency solution</p><p><br /></p><p>See You at the Top</p>Emmanuel Sodipohttp://www.blogger.com/profile/07802716734540874125noreply@blogger.com1tag:blogger.com,1999:blog-28991963.post-77662766500311239372022-06-29T02:57:00.004-07:002022-06-29T02:57:57.502-07:00The Challenge of Revolution<p>The critics say, you can't run Government like a Business. I respond, well, we can't run Government like Government anymore --------Ralph Klein (1942- Canadian Politician)</p><div class="separator" style="clear: both; text-align: left;"><br /></div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEix4Nh2xap3cAIIAcXgDP0bIIaKKcdF46vEZWAIG4soBuJ27HfOrDd3MfSrtQaUrm_-YE9wvQYnBDepDUlPvLaeEWJNRoUVuk8jd9tAO0kxfjVngnsX9uZuLtleZXx4JZppj4wpk0iwJqTiNvgZYMt7ypUXvUydxBm9JeXk0jCvi-Y_0tc8GQ/s720/tradition.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="720" data-original-width="720" height="320" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEix4Nh2xap3cAIIAcXgDP0bIIaKKcdF46vEZWAIG4soBuJ27HfOrDd3MfSrtQaUrm_-YE9wvQYnBDepDUlPvLaeEWJNRoUVuk8jd9tAO0kxfjVngnsX9uZuLtleZXx4JZppj4wpk0iwJqTiNvgZYMt7ypUXvUydxBm9JeXk0jCvi-Y_0tc8GQ/s320/tradition.jpg" width="320" /></a></div><br /><p><br /></p><p>Strategy in Greek (strategia) means the “art of the general,” and, since ancient times, implied the ability to achieve a complex battle goal. In the modern business world, common “battles” may include executing a digital transformation strategy, winning the war for talent, or disrupting yourself before others do so. Whichever it might be, the only valid strategy is one that can be executed.</p><p><br /></p><p>If technology could make a twin of every person on Earth and the twin was more cheerful and less hungover, and willing to work for nothing, how many of us would still have our jobs? I think the answer is zero. This is a complex challenge for digital transformation</p><p><br /></p><p>To acquire reliable data to meet this challenges, companies must embrace three key trends:</p><p>• Digitalization—to generate value by using the internet of things to combine human intelligence with technologies such as sensors, data analytics, artificial intelligence, and machine learning.</p><p>• Decentralization—to shift from isolated “islands” of understanding to collaborative ecosystems of shared knowledge and trusted exchange.</p><p>• Democratization—to give access for collaboration and to form networks that bring diverse stakeholders together to act jointly.</p><p><br /></p><p>This challenge extends to international trade:</p><p>As trade becomes more digital, so does the need for a digital ID system that works globally across borders and not just in specific sectors.</p><p>In February 2022, the United Kingdom signed a digital trade deal with Singapore that includes shared digital systems for e-invoicing, e-payments and other electronic documents.</p><p>Singapore has also signed a digital trade agreement with Chile and New Zealand. The deal is designed to help trade flow between different regimes, with benefits including enhanced security, quicker cargo clearance and faster payment processing.</p><p><br /></p><p>This is the challenge of the Fourth Revolution:</p><p>As Nations Embrace the Fourth Industrial Revolution with rapid investment in, inter alia, artificial intelligence (AI), the internet of things (IoT), robotics and 3D printing</p><p>It is evident that the success of digital transformation in Africa rests on; </p><p>1) Enabling the necessary digital infrastructure that can assist in reducing the digital gap </p><p>2) Developing digital literacy skills to take advantage of the digital economy </p><p>3) Ensuring less corruption within its structures to enable sustainable economic growth </p><p>4) Having the right regulations and frameworks in place to offer support locally, across the region and internationally</p><p><br /></p><p>See You at The Top</p>Emmanuel Sodipohttp://www.blogger.com/profile/07802716734540874125noreply@blogger.com0tag:blogger.com,1999:blog-28991963.post-16809819752569411052022-05-30T10:49:00.000-07:002022-05-30T10:49:05.343-07:00Machine Decisions<p>"How to succeed in business without really trying"---------Shepherd Mead (title of a book 1952)</p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjdi-HE-HcltUn9JBIf69fNM8IIJ9xGw4Q02sDFHTM5b9AUX4NHbL7Qz3ejw2NK6K10684NjoDf_GJWeMsR74ey91Noy5b1nD6L4nSAoLFysuzvkaOv27b7GU8z-4-FMw2-XxXVqpuhimXAguev8XygOJm0JWvGLrACgcFBKmHA-XX6HqGZfg/s768/oil.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="432" data-original-width="768" height="180" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjdi-HE-HcltUn9JBIf69fNM8IIJ9xGw4Q02sDFHTM5b9AUX4NHbL7Qz3ejw2NK6K10684NjoDf_GJWeMsR74ey91Noy5b1nD6L4nSAoLFysuzvkaOv27b7GU8z-4-FMw2-XxXVqpuhimXAguev8XygOJm0JWvGLrACgcFBKmHA-XX6HqGZfg/s320/oil.png" width="320" /></a></div><br /><p><br /></p><p>An organization most powerful asset is its data and no asset in more urgent need of defense.</p><p>Technology is key to improving digital trust across an organizations people, process, governance, and regulations. But with the cyber-security industry filing over 2,000 patents supporting digital trust between 2015 and now, it can be challenging for organizations.</p><p>As organizations stores and manages customers digital assets, an independent third-party governs, controls, secures and manages legal data rights for authorized parties. Data trusts are integral components of such use cases as engineering smart cities and securing sensitive health or financial data. These Decisions are Increasingly made by AI machines</p><p>Organizations must geared toward improving the efficiency and ethics of the algorithms that make these machines decisions.</p><p>Organizations don't scale well if they rely on people with top talent; machines do....</p><p>The solution to scale in data security is to create products that can give their full value with limited human talent.</p><p>See You at The Top</p>Emmanuel Sodipohttp://www.blogger.com/profile/07802716734540874125noreply@blogger.com0tag:blogger.com,1999:blog-28991963.post-60693344388237108572022-04-29T01:52:00.002-07:002022-04-29T01:52:57.270-07:00The WorldCoin<p> "It has been said that an engineer is a man who can do for ten shillings what any fool can do for pound" -------Nevil Shute (British Novelist, 1899 - 1960)</p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiHHtoDSNn5Yb4ub3Kfk4iNyXz36JeREEVDkni9c6ovMiSb6Nx4cycuUU1WXfsp2Xz0sKGooUrOGPjBzU5cr-zmCv7MGibErn-K4d_zlGRUGSl6HimJIxWHegFJahd_r4glyMhTe9J96-iEbizqTHWF6a4VOdparwlAeKcLFxwfQryYVNguJQ/s800/jobs.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="600" data-original-width="800" height="240" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiHHtoDSNn5Yb4ub3Kfk4iNyXz36JeREEVDkni9c6ovMiSb6Nx4cycuUU1WXfsp2Xz0sKGooUrOGPjBzU5cr-zmCv7MGibErn-K4d_zlGRUGSl6HimJIxWHegFJahd_r4glyMhTe9J96-iEbizqTHWF6a4VOdparwlAeKcLFxwfQryYVNguJQ/s320/jobs.jpg" width="320" /></a></div><br /><p><br /></p><p>Sam Altman and physicist Alex Blania are set on the mission to create a human-centric coin that can be distributed to every person on earth. This could be done by leveraging advancements in biometric technology and blockchain, they announced a $100 million round of funding at a $3 billion valuation.</p><p>“ A collectively owned global currency that will be distributed fairly to as many people as possible.”</p><p>The concept of a global currency is audacious, intriguing and a clear social agenda; away of distributing wealth outside of the control of nation states, directly to people.</p><p>The global currency ultimately leads to the future of human freedom - freedom from work.</p><p>This echoes classical economists. As automation is responsible for more and more of human output, the labor contained in products and services will shrink towards zero. As that happens, prices will also trend towards zero because the cost of production of everything will trend towards being free.</p><p>The concept concludes that the two dominant sources of wealth will be </p><p>1) Companies with AI, </p><p>2) Land, which has a fixed supply.</p><p>The projection is that Capitalism will have been superseded by a higher form of civilization, where production directly meets need. This collapse of prices driven by reduced labor will enable fundamental needs to be met extremely cheaply: food, care, education, housing, health, and more, would all move towards being free.</p><p>Worldcoin represents an encouraging, bold but challenging vision for the inevitable post-work society.</p><p>By the time it’s in full effect, both traditional forms of currency and digitally-native forms such as cryptocurrency, stablecoins and central banks digital currencies will be integrated into the economy.</p><p>See You at the Top</p>Emmanuel Sodipohttp://www.blogger.com/profile/07802716734540874125noreply@blogger.com0tag:blogger.com,1999:blog-28991963.post-89276897594945590192022-03-31T04:19:00.002-07:002024-02-24T08:33:31.549-08:00Crypto Adoption<p>"Every country has the government it deserves."</p><p>Toute nation a le gouvernement qu'elle merite .......... (Joseph de Maistre 1753-1821, French writer and diplomat)</p><div class="separator" style="clear: both; text-align: center;"><img border="0" data-original-height="250" data-original-width="250" height="250" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi55_ffkfP2Z-l238_PGxWdk3XWL3k5RMIMwO91SrlQ32vTfbQgMHaibkq7PYerpNukyP0uhXbSfaM6D_ppjKwxb4MQuOZXrV8MxRpBDWy8VxIinufZmt_wBGmrCOj9l4Yuyt0hzZVwWTceaWd7-b8be-YP1uoaG-HjcJnlbISrN7S8fEqUlg/s1600/globe.jpeg" width="250" /></div><br /><p>War has significant and multifaceted effects on the economy of the countries involved. While the specific impacts can vary based on the scale, duration, and nature of the conflict. </p><p>Here are some common effects.</p><p>Destruction of Infrastructure- War often results in the destruction of physical infrastructure, including roads, bridges, buildings, and utilities. The costs of rebuilding and reconstruction can be immense, diverting resources away from other economic activities.</p><p>Displacement of Population- War can lead to mass displacement of people, causing a strain on resources and services. Internally displaced persons (IDPs) and refugees may require humanitarian aid, affecting both the host country's economy and the economies of the countries providing assistance.</p><p>Impact on Human Capital- Loss of life, injuries, and psychological trauma during war affect the labor force. This can lead to a shortage of skilled workers, a decline in productivity, and increased healthcare and social support costs.</p><p>The current war shows different leadership style but similar crypto adoption pattern. Sanctions is crushing the economy and GDP is set to drop by 22% this year alone. The destruction of facilities is also affecting the agricultural exports and hence destabilizing the global food ecosystem. </p><p>The above is a classic scene for an increasing demand in the economic possibilities of blockchain.</p><p>Blockchain technologies are the future, and any effort to ban them—or even excessively intervene in their operations—would meet the same fate as other state attempts to circumscribe behavior. Restricting cryptocurrencies at the moment, when they are facilitating innovations and brimming with potential, would undermine financing of critical sectors.</p><p>Top 10 Countries in Crypto Adoption Index:</p><p>1. Ukraine</p><p>2. Russia</p><p>3. Venezuela</p><p>4. China</p><p>5. Kenya</p><p>6. United States of America</p><p>7. South Africa</p><p>8. Nigeria</p><p>9. Columbia</p><p>10. Vietnam</p><p>Government should play a role; a tailored regulatory environment that allows for the live testing of innovative capital markets related products, solutions and services with the potential to deepen and develop the capital markets prior to launching into the mass market.</p><p>See You at the Top</p>Emmanuel Sodipohttp://www.blogger.com/profile/07802716734540874125noreply@blogger.com0tag:blogger.com,1999:blog-28991963.post-79915740505114714722022-02-27T03:19:00.005-08:002023-09-22T04:09:50.676-07:00The Coins in Blockchain<p>"Its the economy stupid".........(1992 Bill Clinton Presidential Campaign)</p><div class="separator" style="clear: both; text-align: center;"><br /><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEgOLYNqrZouXq7TpAGtLF_2Djuu6JFEEohuClGTPqQmhL1zY3hxD3bC2VPotnSIlgvziMyhSFGf8YDK_23K9tqZygwRLfzr7qOEYrm221vCBxGWj_x0ARnUUNcFV1QaH6yooJ03viASOlyteGb0W_NpQr_bp9EyjRUD-RhbvYqxIuf1UyQjwQ=s940" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="625" data-original-width="940" height="213" src="https://blogger.googleusercontent.com/img/a/AVvXsEgOLYNqrZouXq7TpAGtLF_2Djuu6JFEEohuClGTPqQmhL1zY3hxD3bC2VPotnSIlgvziMyhSFGf8YDK_23K9tqZygwRLfzr7qOEYrm221vCBxGWj_x0ARnUUNcFV1QaH6yooJ03viASOlyteGb0W_NpQr_bp9EyjRUD-RhbvYqxIuf1UyQjwQ=s320" width="320" /></a></div><br /><div class="separator" style="clear: both; text-align: center;"><br /></div><div class="separator" style="clear: both; text-align: center;"><br /></div></div><p>Blockchain technology is known today because of platforms like Bitcoin, which enable the peer-to-peer transfer of assets. On more advanced blockchains, like Ethereum, you can transfer assets, create other forms of assets, and also record votes as a point of coordination.</p><p>While many see Bitcoin as a store of value, most see Ethereum as a platform for launching new cryptocurrencies and decentralized applications.</p><p><b>Use cases of Blockchain (Ethereum)</b></p><p>Smart contracts and dApps: A smart contract could reward a musician when a music dApp plays their song or grant a loan to someone using crypto as collateral in a decentralized finance (DeFi) protocol.</p><p>Tokenize anything: Blockchain (Ethereum) allows users to create their own unique, non-fungible tokens (NFTs) that can represent anything from virtual assets to real-world commodities. Users can then trade these tokens or use them to power other decentralized applications.</p><p>Create a new currency: Blockchain (Ethereum) lets anyone create their own cryptocurrency with a few lines of code. For example, USD StableCoin (USDC) runs on Ethereum.</p><p>Transaction fees. When you send an Ethereum-based token or use the network, you pay transaction fees in ETH.</p><p>Individuals will gravitate towards options that give them more flexibility or value. So a currency that is accepted universally and preserves purchasing power will always be chosen over one that is limited to a region and prone to devaluation. </p><p>If regulation does not keep up with innovation, many will start having parallel financial lives.</p><p><b>Scenerio 1:</b></p><p>Ngozi wants to rent a flat for N5mm - she says to the estate agent;</p><p>Femi, I will pay you N2mm in naira and N3mm in stablecoins.</p><p>The Owner is happy - He only books N2mm in revenue and a lower tax bill but he also </p><p>has stablecoins that he can deploy to pay his Chinese supplier. </p><p>This is how a shadow system will be built up over time.</p><p>Payment infrastructure will soon be built that is powered by crypto with the complexity hidden from the user. </p><p><b>Scenerio 2:</b></p><p>Compare sending money to 0x23463959CFeC064f5e5aE68FB9bf5735D204d12 ( A blockchain address)- even if you copy and paste, there is no bank to verify if you make a mistake, the funds are simply lost.</p><p>But now you can send Ethereum to femi.eth and it will get delivered</p><p>Increased cross-border payments. </p><p><b>Scenerio 3:</b></p><p>You want to pay your Chinese supplier in $. </p><p>Your local currency will first be converted into USD then yuan. So you suffer transaction costs twice. Then the bank will put a fee on this. </p><p>Now you can send your Chinese supplier stablecoins (USDT) </p><p>1 USDT is instantly changeable for $1 via crypto-exchanges.</p><p>Every day, SMEs and individuals are making this choice not because they are economic saboteurs but because using stablecoins makes their life easier, and opens up opportunities that didn’t exist before.</p><p><br /></p><p>See You at The Top</p><p><br /></p><p><br /></p>Emmanuel Sodipohttp://www.blogger.com/profile/07802716734540874125noreply@blogger.com0