Nigerian Startups, Artificial Intelligence and Electronic Market Penetration | The Guardian Nigeria News
Artificial intelligence (AI), ranked among the most disruptive technologies, is a great way for startups to achieve their growth goals. With a number of applications in big data, computer vision, natural language processing, and more, AI is revolutionizing businesses, industries and lives.
AI, the ability of a digital computer or computer-controlled robot to perform tasks performed by humans, is frequently applied to the project of developing systems with intellectual processes characteristic of humans, such as the ability to reason, discover meaning, generalize, or learn from past experience.
Startups are now gaining the attention of several investors around the world – in Europe, North America, Asia and Africa. Examples are Darktrace, Freenome, Mobvoi, Benevolent AI, Tusimple, Unisound. Some (co) founded by Nigerians include Cloud Minds, 4paradigm Intelia, Spear Lab, Ceretronics Technology and Aide Solutions.
Chopwork, the latest addition to the Nigerian electronic market sector, is an AI-powered digital market platform created for sellers and buyers of digital products and services. The company is committed to providing customers with a way to grow globally and to provide quality service to customers.
CEO Akoh Jerry told TechDigest that the company’s resources are designed to provide people with the opportunity to earn money from the comfort of their own homes.
He said the operations are uniquely worded to ensure that service providers on the platform do not experience any delay before they are paid. A personalized process is in place to allow them to access the money earned on the transactions.
Akoh pointed out that Chopwork serves as a source of income for Nigerians to meet their daily needs and prosper. Those who wish to get on board can register for free, list their downloadable products and services. These can be sold multiple times, thus generating income.
Akoh argues that the platform gives access to skilled and unskilled people to work and gain financial independence, thus becoming economically self-sufficient.
Another unique feature is the introduction of “sales managers” which is open to anyone interested in joining the company to register as a sales manager and create a virtual marketplace based on existing products and services.
These are able to promote their virtual products in the market, both offline and online. Plus, a sales manager earns a commission every time you advertise and a customer purchases a product through your link.
AI is helping transform industries and solve global problems. It is gaining prominence in factories, healthcare, banking, security, e-commerce, social media, and mobile applications. However, as technology advances and solutions are developed, more and more challenges arise.
Hunting for AI talent, supporting IT systems, handling unstructured data, improving cybersecurity, transparency and established AI ethics are some of the major issues needed. to promote the development of the application of technologies in various fields of human activity.
To encourage more actors and investment in Nigerian tech startup ecosystems, Akoh called for the enactment of favorable tax laws, open access to funding opportunities and the provision of additional resources.
Abbas Badmus writes from FHA Lugbe, Abuja.