Only in America will a private company give or promise to give another private company $40 billion: ‘OpenAI has closed a record-breaking $40 billion funding round, the “most ever raised by a private technology company,” reports CNBC. Led by SoftBank Group, the round boosts the ChatGPT maker’s valuation to $300 billion.’ Good People, that is the Nigerian annual budget there.
This world is unbalanced, and I am flummoxed (allow me use big grammar), and cannot figure out how Africa will catch up if one company is so confident that it can do this wire!
Yes, to build nations, you need three things as I explain here: “Three things are required to build a nation or a company, and they are People, Processes and Tools. You can have the people but without the processes and tools, you will still fail. Nigeria as a country has the people but the other two are missing at scale. Processes are the rule of law which governs an ecosystem. …”
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Nigeria’s best leader is possibly going to be someone who can lead the nation to rebuild its processes and enhance the tools. It goes beyond building new universities to produce the People because this is a triple helix issue which must work symphonically to advance shared prosperity and abundance for all. I share a video here.
Capital falls under Tools and needs a peaceful abode. Yes, Nigeria must do whatever must be done to give global capital the confidence to choose Nigeria, just as America has made this capital from Japan to come to it.
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