E-Business
Nigeria Drops 7 Points to 119th in GITR Networked Readiness Index Ranking
![cisco.jpg](https://www.nigeriacommunicationsweek.com.ng/wp-content/uploads/2015/06/cisco_25.jpg)
Information and Communications Technologies will help accelerate digital transformation in Africa as Cisco leaders stress the vital importance of networked readiness to drive social and economic transformation for African countries.
Unfortunately, several African countries have dropped in terms of the report’s Networked Readiness Index ranking.
While Kenya’s Networked Readiness ranking improved, climbing six places to 86th position, the same is not true for other major African economies.
For instance, Nigeria dropped seven places and now ranks 119th, South Africa dropped five places and now ranks 75th and Egypt dropped three places and now ranks 94th.
Cisco, taking a cue from the World Economic Forum’s Global Information Technology Report 2015 (GITR), insists that African countries need to take full advantage of the potential offered by ICTs to drive social and economic transformation.
Senior Cisco Executives have highlighted the considerable challenge facing most African countries as they seek to develop the infrastructure, institutions and skills needed to reap the full benefits of ICTs, as only 39% of the global population enjoys access to the Internet despite the fact that more than half now owns a mobile phone and Africa having one of the highest mobile phone penetration.
Lack of access to the Internet is depriving many Africans of the opportunity to take full advantage of e-learning as well as online financial, data and health services.
Cisco Executives stressed that governments can shape policies that will spur development of broadband access.
Crucial to achieving societal and economic transformation is the ability to embrace the Internet of Everything (IoE), the connections between people, process, data and things, to create unprecedented opportunities for African citizens as well as the public and private sectors.
In order to embrace the IoE, African governments and businesses must be fully digitised, supported by a highly robust and secure network.
Becoming digital requires an agile IT model, and the ability to rethink core processes for the digital era.
Embracing new security, cloud, mobile, social and analytics technologies required to fully digitize takes imagination, investment and expertise.
This is why Networked Readiness is such a crucial indicator of a country’s ability to implement and take full advantage of ICTs.
According to Dare Ogunlade, general manager, Cisco, Nigeria, Ghana, Liberia and Sierra Leone “At Cisco, we have learned that technology helps people find innovative solutions to address societal problems. We believe there has never been a better time to combine human ingenuity and technological innovation to improve the lives of all Africans.
“As home to nine of the world’s 15 fastest growing economies, Africa is ripe for transformation and is an increasingly attractive environment for global business investments. Technology is at an inflection point and African economies need to prioritise ICT adoption to take full advantage of the benefits that embracing digital transformation strategies will offer.”
The GITR report suggests that investing in infrastructure and education; supporting the development of local content; and creating an enabling environment by promoting competition through sound regulation will correct the imbalance in many African countries today.
Cisco is committed to working with public and private sector organisations in Africa to work on strategies for the digital transformation, thereby helping them transform their IT strategy, connect everything, embrace analytics, and secure their technology and operations.
“Africa can make massive strides in connecting more citizens and bringing about positive social and economic change by improving its Networked Readiness. With political will and commitment from the private sector, progress can be made in bringing the benefit of ICTs to more people.
“We are already facing the next wave of the Internet – the Internet of Everything (IoE) –Africa needs to prioritise ICT development if it is to benefit from the new experiences and efficiencies that the IoE will bring,” Ogunlade added.
E-Business
Schmidt, Ex Google Chief Says AI Risky in Terrorist Hands
![](https://www.nigeriacommunicationsweek.com.ng/wp-content/uploads/2025/02/Eric-Schmidt.jpg)
Eric Schmidt, former Google CEO has expressed concerns about the extreme risks posed by artificial intelligence (AI) falling into the hands of terrorists or rogue states.
![Schmidt, Ex Google Chief Says AI Risky in Terrorist Hands](https://i0.wp.com/www.nigeriacommunicationsweek.com.ng/wp-content/uploads/2025/02/Eric-Schmidt.jpg?resize=573%2C254&ssl=1)
Eric Schmidt, former Google CEO
He warned that nations such as North Korea, Iran, and Russia could adopt AI technologies to develop weapons capable of causing significant harm, including biological weapons.
Schmidt urged governments to oversee private tech companies, emphasising, “The real fears I have are not the ones most people discuss about AI, I talk about extreme risk.”
“I’m always worried about an ‘Osama Bin Laden’ scenario, where truly evil individuals take control of some aspect of modern life to harm innocent people,” he added.
With private companies driving AI advancements, he stressed the need for careful government monitoring and regulation. “It’s really important that governments understand what we’re doing and keep their eye on us,” he said.
His remarks followed a two-day AI summit in Paris, where the UK and the U.S. declined to sign a communiqué outlining the future direction of AI. The declaration on “inclusive and sustainable artificial intelligence for people and the planet” was endorsed by 57 countries, including India, China, the Vatican, the EU, and the African Union Commission.
The UK justified its decision, stating that the agreement lacked “practical clarity” on global AI governance and national security concerns.
Schmidt supports U.S. export controls restricting the sale of advanced AI microchips to certain countries, aiming to slow adversaries’ progress in AI research.
He also highlights the importance of international collaboration on AI safety, suggesting that cooperation with nations like China is essential to addressing global AI challenges.
E-Business
OpenAI CEO Rejects $97.4Bn Takeover Bid from Elon Musk
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Sam Altman, chief executive of ChatGPT-owner OpenAI, has firmly declared the company “not for sale” following a $97.4bn (£78.4bn) takeover bid from a consortium led by Elon Musk.
![OpenAI CEO Rejects $97.4Bn Takeover Bid from Elon Musk](https://i0.wp.com/www.nigeriacommunicationsweek.com.ng/wp-content/uploads/2022/04/Elon-Musk.jpg?resize=563%2C229&ssl=1)
Elon Musk
Speaking at the AI Action Summit in Paris, Altman emphasised OpenAI’s mission to develop AGI (artificial general intelligence) for the benefit of humanity.
Marc Toberoff, attorney for Elon Musk, confirmed the bid submission on Monday.
In response, Altman humorously offered to buy Twitter for $9.74 billion on Musk’s platform.
Unlike many tech giants, OpenAI is not publicly traded but operates through a complex partnership between non-profit and for-profit entities.
Musk aims to return OpenAI to its non-profit roots, despite owning a rival firm, xAI.
Christie Pitts, a tech investor, expressed scepticism about Musk’s intentions, noting his competitive interests.
Altman echoed this sentiment, suggesting Musk’s move disregards OpenAI’s mission.
Altman, who holds no stock in OpenAI, advocates transforming the organisation into a fully for-profit company to raise more funds for AI research.
Although the board has the final say, the $97.4bn offer falls short of OpenAI’s previous $157bn valuation and rumoured $300bn in future funding talks.
Toberoff stated the consortium might increase their bid. Meanwhile, OpenAI is collaborating with Oracle, a Japanese investment firm, and an Emirati sovereign wealth fund on “The Stargate Project,” a $500 billion AI infrastructure initiative announced by President Donald Trump.
E-Business
Adobe Launches AI Video Tool to Compete with OpenAI
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Adobe yesterday released the first public version of an artificial intelligence tool that can generate video clips and revealed how much it will charge, but said it will not set pricing for major users such as studios until later this year.
The Firefly Video Model, as Adobe is calling the service, will compete against Sora, a model developed by ChatGPT creator OpenAI, and startup Runway, both of which currently offer video-generation services. Facebook owner Meta Platforms has also developed a video-generation AI model but has not given a timeline for when it will be released.
Adobe’s model differs from its rivals because it is geared toward generating clips that will fit into how film and television studios use Premiere Pro, its flagship video editing software.
To that end, many of the features that Adobe is emphasizing revolve around feeding existing shots into the video model and asking it to generate clips that fix or expand on shots that were taken on a real production set but that did not come out quite right.
Adobe said the service will generate five-second clips at 1080p resolution. While that is shorter than the clips of up to 20 seconds generated by OpenAI’s service, Adobe executives said the majority of individual clips in most productions are only three seconds.
Adobe said a user can generate 20 clips per month for $9.99 and 70 clips for $29.99. That compares with 50 videos for $20 per month with OpenAI’s plan at lower resolution and a $200 OpenAI plan that can handle longer, higher resolution videos.
Adobe is also working on a “Premium” pricing plan for studios and other high-volume video users and will release those pricing details later this year. Alexandru Costin, Adobe’s vice president of generative AI, said the company is working to generate 4K video and will remain focused on quality rather than longer clips.
“We actually think that great motion, great structure, great definition scheme, making the actual clip look like it was film, is more important than making a longer clip that’s unusable,” Costin told Reuters.
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