This world is being transformed, and there is a high chance that many of us could be disintermediated by technology as AI systems continue to evolve. In other words, many of the things we do that put food on the table will go. To give us an example, I asked ChatGPT AI this question “What are the secrets to wealth in Nigeria?” It returned the answer below:
“There are several secrets to wealth in Nigeria:
- Education: A good education is essential for success in any field. Investing in your education will enable you to acquire the skills and knowledge needed to succeed in your chosen career.
- Networking: Building a strong network of connections can open up opportunities for you to gain access to lucrative business deals and partnerships.
- Saving and investing: Building wealth requires a long-term mindset. It is important to save a portion of your income and invest it wisely in assets that will grow in value over time.
- Diversification: Diversifying your income streams and investments can help to reduce risk and increase your chances of success.
- Hard work and perseverance: Building wealth requires dedication and hard work. It is important to be disciplined and consistently work towards your financial goals.
- Discipline: Discipline is key to managing your money and achieving financial success. This includes creating and sticking to a budget, saving money, and avoiding unnecessary expenses.
- Business acumen: Developing a strong business sense can help you to identify and take advantage of opportunities to generate wealth. This may involve starting your own business or investing in existing businesses.”
I also asked “What are the opportunities in the Nigerian startup sector?”
“There are numerous opportunities in the Nigerian startup sector, including:
- e-commerce: Nigeria has a large and growing population, and the increasing availability of internet access has opened up new opportunities for online retail.
- Fintech: The growth of mobile banking and other financial technology platforms has created opportunities for startups to develop innovative solutions in the financial sector.
- Education: The demand for quality education in Nigeria is high, and there is a growing trend towards online learning. Startups in the education sector can take advantage of this trend by developing educational content or platforms.
- Healthcare: Nigeria’s healthcare system is underdeveloped, and there is a huge demand for innovative solutions to improve access to healthcare. Startups in the healthcare sector can take advantage of this demand by developing new technologies or services.
- Agriculture: Agriculture is a major contributor to Nigeria’s economy, and there are opportunities for startups to develop new technologies or services to improve productivity and efficiency in the sector.
- Renewable energy: Nigeria has a significant potential for renewable energy, and there are opportunities for startups to develop technologies or services to harness this potential.
- Transportation: Nigeria’s transportation sector is underdeveloped, and there is a growing demand for innovative solutions to improve the efficiency and reliability of transportation services. Startups in the transportation sector can take advantage of this demand.”
This is simply amazing!
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It’s obvious that at maturity – the AI platform will become a school of its own, you cannot quantify what is possible in the future.
But one key challenge remains: knowing how to ask questions, you can also include knowing what to ask.
From experience, we do not really have a population that is equipped with such skill, because the quality of the questions is more important than the probable answers. The urgent task is to open up our conversations spaces, encouraging people to ask as many questions as possible, without shutting them down.
Only those who know how to ask questions stand the best chance of reaping the greatest benefits.
Show the Way to money.