 Welcome back. I trust you have actually gotten one or two tips from there now it is crucial to understand the potential benefit and risks of AI in the workplace as well as the ethical implications of using AI to make decisions that affect human lives. As AI continues to evolve it is essential that individuals and organizations alike stay informed and adapt to the changing landscape of work. Now joining me at this time around to discuss further a certified blockchain architect and Metaverse expert, Rume Dominic. Many thanks for joining me Rume. Thank you very much for having me. Right let's talk about the impact on artificial intelligence and jobs now. One of the biggest questions surrounding AI and the future of work is what impact it will have on employment. So now will AI create new jobs or displace existing ones? So what types of jobs are most likely to be affected? Rume. Truly AI would definitely displace a lot of jobs and create new jobs because I remember in let's say five ten years ago you would have seen like a lot of even here in Nigeria you'd have seen a lot of traffic orders you would have seen those guys actually controlling the flow of traffic on the streets but right now in Lagos this year we have a lot of automated traffic lights that are using artificial intelligence machines not to talk of what we have in much more advanced countries like Dubai, China and USA. So such type of jobs like you see right now have started becoming displace. I would like to tell you guys truly it's not something that should be looked at as a bad thing it's something we should look at as a tool that can amplify our work. I want to say a tool that can amplify our work how do I mean? Whatever task a human is doing it can make it much more efficient for that human to be able to do it faster and then see that the human is able to produce much more of that particular work in repetitive times over and over again because it is going to be making a work faster. Let's say for example you saw even with if you just say you had the washing machine and maybe your washing machine gets broken you'll not like to maybe use your hands to start washing those clothes or maybe those plates you would like to maybe get a replacement for that because of the routine tasks and hard difficulties. That's how it would be almost impossible to go back to a situation where we are going to be using arcade things to be able to perform tasks that quickly machines can really really perform. It will produce job opportunities because when you go online now you see experts like charge you see job requirement like you have to be experts in charge gpt you have to be experts in using chatbots and you can see that people that have learned how to be able to use this type of AI tools and not getting new job opportunities in blue chip companies and then it will also see that people in work truly must get her continuous lifelong learning training. Yeah I was going to ask I was going to I was going to ask that and Dominique because you actually are trying to say everything at the same time but then again as AI becomes more prevalent in the workplace I'm sure it's likely that workers will need to develop new skills in order to keep up how can companies and organization help workers develop these skills? Yes actually when you look at industries like the banking sector industries like the health sector you see that they need to be to develop new skill and upskill their workers also reskill their workers to be able to take advantage of this emerging technology and the way that we can go about it is to be able to partner with professional institutions like vorium limited company and see that courses like AI artificial intelligence blockchain master classes that see that the tools that are needed to be able to amplify their work because you see you can use AI augmented reality virtual reality to be able to just for the health sector instead of putting in those injection noodles into their skin right you can use AI things to be able to ensure that that process is simplified and you can just maybe use the infrared rays to be able to do that and then they should be able to take advantage of learning or reading a lot of books like my like on my birthday I released one guide from code to consciousness bridging the gap between artificial intelligence and superhuman productivity that actually emphasizes the way the banking industry the health sector can be able to actually optimize reskill themselves to be able to move from the conscious method that they are doing now to coded processes that we see that they have much more efficient system so reading education getting partnered with companies that actually have this type of processes ongoing we see that they take a lead with this upcoming technology okay all right now so um roommate now many experts um school of thought believes that the future of work will involve collaboration between humans and artificial intelligence what might this collaboration what what what might it look like really yes there is going to be that synergy between artificial intelligence and humans in the place of work and to be a situation where okay instead of me truly you know just like you have in an assembly line instead of me to maybe be um there's a process I need to complete at that end I can train my artificial intelligence to start competing that type of process so that they freeze me up for much more creative work and much more um innovative process maybe you might have produced an AI that is specialized on doing taking something from point a to point b and giving feedback to point c and that is all that because for artificial intelligence there's supervised learning there's unsupervised learning and there's reinforced learning your artificial intelligence but might have maybe had a supervised learning and beyond that it might not be able to do much but you collaborating with our artificial intelligence robot that you might have created you see that okay you thought you must have thought it to do this type of task so that whenever you are not around it can perform that task in your work in your absence so that way you see that it can perform that collaboration will be there because it is performing some tasks for you and it's making your work much more efficient while doing those tasks all right let's talk about them the prevalence of um AI at the workplace as it becomes very popular there are a number of ethical considerations that need to be taken into account how can companies and organizations ensure that their use of AI is ethical and responsible okay organizations and companies can ensure that this use of AI is ethical by seeing that they don't breach the policies that have been set by um government that have been set by bodies that are actually in charge of set of this type of policies you know you don't also have the situation where you break people's privacy their data you sell out this data because AI is drawing it out there are policies that have been set that you must safeguard your customers data you must safeguard your customers information you should not trade that out for just meh um few dollars and if you don't do that you see that you don't have situations like the facebook saga and possibly the one that the amazon people had or at the point in time that they had data which so just them fulfilling their promise because you really don't know it is it is a thing of integrity for companies at the moment because except these companies are caught selling out this data they would not even say it so i think the company just needs to just have much more integrity in protecting customers data and it will be good it's the business insights on plus tv africa we're looking at artificial intelligence and of course all the beautiful things that it can do or bring on at the workplace a lot of people have different conceptions or misconceptions concerning it and how they feel it will affect the future of work but we're here to break some of those myths and that to let you know that um it is actually a welcome development i still have rumer dominic certified blockchain expert and of course a metavice expert but i'll take a quick break right now when i come back we'll be talking a whole lot more on the show still with our super right back all right welcome back it's still business insights and plus tv africa thanks for staying with me rumer thank you very much for having me all right now ai they say has the potential to transform what we call the gig economy by making it easier for individuals to find work and for companies to find workers how might ai impact the future of the gig economy that's that like small jobs part-time jobs people who are just looking through for some temporal jobs how can ai impact on the future of the gig economy so you know the artificial intelligence helps in smart decision-making process so we also match these people that are looking out for bigger opportunities and people that are looking at for the smaller opportunities becomes something that artificial intelligence can do seamlessly because of the high level of smart intelligence process or decision-making process that it has and when you now build softwares or products that can be specifically designed to solve this type of problem so you can see that that becomes a thing of the past because all of the codes all of the codes smart contracts will see that it is working to actually fulfill that type of focus all right now still on ai people believe that it is likely to automate many routine tasks in the workplace freeing up workers to focus on higher level tasks what types of tasks are most likely to be automated and how might these change the nature of work for example let's say we I spoke one of one earlier the traffic just like we won't have in Lagos traffic orders their job is good then I think personal assistants a lot of their jobs have been done because recently I had to I wanted to fill out something for one of our companies social media manager so I sent it to one of my personal assistants to say okay please quickly do this one but you know this was a blue tick you need to even tick twice for it to understand that the message I deliver and I think because of the network it had not gotten to the other party and before it got to the other party some just told me that hey rumor why don't you actually just try using ai to optimize this work you want to use for your social media consultants and I just picked it up put it on air and in less than one two minutes I got the result for it may why the message I've not even delivered at the other party's end for the what's up so it might be new jobs that you grew up with personal assistants because you have much more personalized ai assistants and then you can see that maybe jobs like maybe for free dating um script writing maybe writers because you have a lot of ai writing but now these people might go out of except they now start understanding how to use ai writing tools and then they now start using the ai writing tools to be able to get their own writings better or to be able to see how they can get their personal assistants wrote better using ai tools then they will still be they might still be able to stay again okay fine let's talk about uh money now cost implications and all of that uh is it something that would actually affect the bottom line of maybe uh small and medium scale enterprises what's the uh cost implication really to have ai in uh most uh work places well at the moment the bariatric entry is um still a bit high because you cannot really learn about this artificial intelligence without using a lot of data to maybe learn online because there are majorly no schools offline now that are teaching me especially in countries here like nine yeah so you need a lot of data in terms of um megabytes to be able to learn some of these things and then these companies might need to hire experts like um authors like myself now which is uh which just finished this particular book now and then i might come expensive and then maybe don't have that budget to be able to maybe do that so um these are some of the things that are suppressing its education quickly because not everybody is willing to climb the new curve of learning and once you cannot climb that new curve of learning because you don't want to actually stress your head to learn not to remain in that old um system and you will see that these things will you see that these companies might not be able to level up and then they will die as you know that's because they refuse to innovate all right thank you so much uh roommate Dominic for all of uh the insights that you uh all this bring on the show uh roommate Dominic is a certified blockchain architect and metaverse expert thanks for your time thank you very much for having me it is indeed our pleasure so as we go on the show today there is the need for stakeholders to harness the value of facility management as it has the potentials to transform the nation's economy this was the position of the president of the international facilities management association ifma shagu adibira at the third edition of their advocacy day held in Lagos i'll leave you with details of that i'll see you again next time i am justin acadonia many thanks for watching bye for now