Oladele Eluwole and Titilayo Oyedele recently spoke about the effects of rising technology on commerce and society. Artificial intelligence (AI), cloud computing, the Internet of Things (IoT), 5G, and the Metaverse were among the many topics explored in the discussion.
Oladele and Titilayo concurred that the automation of monotonous jobs and increased productivity brought about a revolution in business and industry. Businesses may expect AI to open up even more opportunities through personalizing consumer experiences, making smarter decisions, and spending less on operational expenses. Medical practitioners may effectively detect diseases with the use of AI in the healthcare industry, while financial organizations can utilize it to reduce risks and stop fraud.
Cloud computing has completely changed how businesses access and manage their information. Businesses may store and access data via cloud computing, increasing flexibility and enhancing data security. The IoT is likewise increasing in popularity and is anticipated to fundamentally alter how we live and operate by streamlining operations and boosting output. Better energy management, waste reduction, and increased public safety are anticipated benefits of the development of smart homes and communities.
Businesses may take advantage of the much faster data speeds that the introduction of 5G networks offers to boost communication and cooperation. New services and applications like virtual reality and remote work may be made possible with 5G. Despite being in its infancy, the Metaverse presents fascinating opportunities for the advertising, gaming, and entertainment industries. Businesses and consumers need to be aware of the increased cybersecurity dangers that are presented by this, though.
Cybersecurity dangers rise as technology is used more frequently. Cybercriminals have more opportunities to exploit as more devices are connected to the internet. Businesses and people should take a proactive stance toward cybersecurity and keep themselves informed on the most recent risks and best practices. Blockchain may be used to build safe and transparent systems, while AI can be used to quickly identify and respond to cyber threats.
Businesses should prioritize cybersecurity and make sure they have the necessary personnel and equipment to safeguard their digital assets. People should be aware of the dangers and take precautions to secure their personal data. In order to remain ahead of the changing threat landscape and better defend our digital infrastructure, cooperation and information sharing are essential.
It is crucial to utilize developing technologies ethically and safely as they continue to influence business and society.
Unlocking the Potential of Emerging Technologies: Oladele Eluwole & Titilayo Oyedele in Conversation
