RIDING THE AI WAVE: pathways to commercialisation. The fourth webinar in the joint @EDSE_programme, @Seda_dsbd series on Market Access for Digital Entrepreneurs (MADE) gets underway. Some background:
Introducing the webinar, Mr Colin Leshou, acting executive manager of @Seda_dsbd's Technology Programme, points out that every decision we make in our daily lives, and at work, has to do with artificial intelligence, including robotics and big data.
Our first speaker - @piusillah - is the chief strategy & innovation officer at @MIIAfrica. It was established in 2003 and now works across the African continent. Pius points out some of the enablers in this era: data availability, storage, connectivity and talent.
.@piusillah recaps the AI Transformation Journey from 1950 to 2020:
.@piusillah points to the need to "realistically empower the army of young entrepreneurs to hunt for opportunities" that solve problems at the enterprise level. One example: how can they improve data sets to provide business relevant solutions to businesses?
Pressed by the webinar facilitator, @piusillah said artificial intelligence (AI) will create more jobs than "it will take". Everyone has a space in this tech era but some upskilling of the labour force will be required. Policy makers and corporates must also engage AI solutions.
Our next speaker, Mr David Malematsa, says the @4_ir_incubator, supported by @Seda_dsbd, enables persons living in the rural areas to participate in the digital economy and to develop disruptive technology. It will also shortly establish a hub in Cape Town.
David urges webinar participants to consider the 4IR and AI and Machine Learning courses offered by the @4_ir_incubator.
Our next speaker @jacquesludik of @CortexGroupAI, discusses the value drivers for businesses to thrive in the smart technology era. He points out that the AI Era and its instrumentation is creating huge amounts of consumer-facing data, opportunities. Note: "Every click is data".
For those interested, a pointer to a new book by @jacquesludik:
.@jacquesludik ends his fascinating presentation noting the journey and continuum from Assisted Intelligence, to Augmented Intelligence, to Autonomous Intelligence: "all three have arrived but we will see a lot more autonomous intelligence going forward"
➡️It is no mean feat to take on the big guys, global plays, but it takes time and resilience.
➡️Success in a black box environment does not mean the solution can be done at scale.
➡️Explore the tech niche!
.@RyanFalkenberg: "We re-imagined our business during Covid-19, becoming location, non-specific. Our customer base became global. But: "Global customers want specialists, not generalists!". Going global will liberate SA and African entrepreneurs.
As this absorbing event draws to a close...our thanks to:
➡️webinar facilitator Krystle Hastings
➡️the high-profile speakers for sharing their insights
➡️our @EdSe colleague, @oralegacy, for organising it
➡️our valued implementing partner, @Seda_dsbd!
A point worth noting from a new @PwC study: "AI could contribute up to $15.7 trillion to the global economy in 2030, more than the current output of China and India combined" pwc.com/gx/en/issues/d…
Finally, do diarise the remaining webinars in this @Seda_dsbd, @EDSE_programme Market Access for Digital Entrepreneurs series:
➡️How to develop a Mobile App (14 October 2021)
➡️Getting your game published (26 October 2021).
➡️ Details in due course!
The task team's leader, @DSBD_SA's Vijay Valla, said the Department initiated the task team within the govt's whole-of-government approach championed by the @PresidencyZA through the District Development Model. A dashboard was being piloted: what get measured, is what's get done.
The 4th meeting of the @DSBD_SA, @EDSE_programme inter-provincial task team on Mainstreaming Red Tape Reduction and Ease of Doing Business convenes tomorrow. Discussion will build on the considerable information and ideas generated from earlier meetings:
Funding your digital venture: a thread of selected highlights and pertinent advice for South African digital start-ups from last week's joint @TheRealSEFA, @EDSE_programme webinar. It was the third in our ongoing set of Market Access for Digital Entrepreneurs webinars. More...:
#1. Access to finance is a major hurdle for small business entrepreneurs - and the tech sector is no exception. But there is funding available: from angel investors, development finance institutions and specialised start-up funders, frequently facilitated by incubators.
#2. What is clear is that there is a need for local digital entrepreneurs to be better equipped to identify and engage with potential funders, based on a clear understanding of funder criteria. Our star-studded panel, ably facilitated by @AudreyVerhaeghe, provided just that.