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Gaining a deep understanding of technological advancements is crucial in navigating the ever-evolving innovation landscape. It's about embracing the latest trends and understanding the foundational steps necessary to fully leverage these technologies for sustainable growth. On this episode of Byte Size Tech Pod on Africa Technology Radio, Oswald Osaretin Guobadia delved into this very topic. He emphasized the importance of following a structured development path rather than attempting to leapfrog directly to advanced technologies like Using blockchain as an example, he explained why it's essential to build a solid foundation before moving on to more complex technologies. According to Oswald, without the proper groundwork, such as infrastructure and basic digital literacy, the potential benefits of emerging technologies cannot be fully realized. This conversation is a powerful reminder that while the allure of cutting-edge technology is strong, true progress comes from thoughtful, deliberate development. #techstrategy #emergingtech #blockchain #digitaltransformation #infrastructurefirst #africatechnology

Transcript

The entire digital evolution and expediting ourselves through it, but not trying to skip steps. Can you give like an example of what you mean? So how far can an elephant jump? Nigerian elephant, it cannot jump that far. So you hear, you hear people say something like the mobile startup was a leapfrog. It wasn't. It was just startup. They went through every process. We labeled that as a leapfrog, which allows other things to seem like leapfrogs. Did you do matter is that when we started our mobile in Nigeria in our 2004, 2003, 2005 era, what we did is we started it, we caught up, we didn't leap frog, we caught up with the rest of the world. And because we had the markets, which is what we have, it's speed up and the value immediately became present and understood right now. I'll give you, I'll give an example you that's what you asked for. I will tell you this. I've said it's 101. So it's not like it's a secret or anything. The blockchain policy. Right. So Jane, AI, these are all new technology. The blockchain policy was printed on close to 2000 pieces of paper for approval. In their lives, the mistake and the gap of what leapfrog means If you say to me that you want to do. Blockchain, there's so many other things that should be in place that will prevent you from having 2000 pages. And by the way, I'm being low down #2000. If we do the math, it's far more. Think about 60 people receiving 50 pages of paper. You know, you get that math, so. If you said to me you wanna do AI right, what are the things that you need to have in place to do AI? You have to have paper they data. You know we live in paper world, right? You have to have it all the data in a data pool do we have? Databases, right, before you can actually start training the large learning modules, right? So there's a process and we'll get there. But the danger is when we believe that we can just leave from to AI. When we leave from to AI, we end up doing things like our data is being digitized by somebody else, not us. We have all the skills to do it. Our data is being stored by somebody else. I bet you 90% of all our startups the data sits on. Exactly. So these are the situations that arise when you think leapfrog, which speaks to skipping steps. What I believe we should be doing is looking at the development path of our digital evolution. Digital transformation is a trendy. Were a phrase right? Because I asked the question, did digital transmission that's happening in Estonia and the digital transmission that happened in Nigeria, I did the same digital transformation. No, if you can't make it the same, it means that it is not general. It is more subjective to your situation. And it's trendy because in the 1800s or the 19, early 1900's, the printing press was digital transformation, right? If you look at the life of music. Album, Album on vinyl. Yeah, Transmission for them then yeah, Moving to cassette. Digital transmission, 8 track, digital transmission. He goes to CD. CD, Yeah, Digital transformation, right? These are all incidents of digital transformation.

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DigitA

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