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The Nigerian Communications Commission (NCC) has highlighted the potential of Artificial Intelligence (AI) and Machine Learning (ML) to revolutionize various industries. The Executive Vice Chairman of NCC, Prof. Umar Danbatta, made this statement at the 2023 ICTEL Expo organized by the Lagos Chamber of Commerce and Industry (LCCI). The theme of the event was Tech Disruption: Transforming Industries with Innovation.

According to Danbatta, AI and ML technologies have the power to shape sectors such as healthcare, finance, manufacturing, and transportation. He mentioned that AI-powered algorithms enable accurate predictions, improved decision-making, and automation of mundane tasks. By analyzing vast amounts of data, businesses can gain valuable insights and optimize their operations to deliver better products and services.

Danbatta also highlighted the impact of the Internet of Things (IoT) on industries such as agriculture, energy, and logistics. IoT enables resource optimization, equipment monitoring, and overall efficiency improvement through real-time data provided by sensors and smart devices.

Furthermore, Danbatta noted the transformative force of blockchain technology, particularly in finance and supply chain management. Blockchain creates decentralized and transparent ledgers, ensuring secure and efficient transactions while reducing costs and eliminating intermediaries.

The fifth generation network (5G) was also mentioned as an enabler of new possibilities in autonomous vehicles, augmented reality, and telemedicine. The convergence of Virtual Reality (VR) and Augmented Reality (AR) technologies is disrupting multiple industries, especially in entertainment, education, and retail, by offering immersive and interactive experiences.

To embrace innovation and adapt to the changing landscape, businesses are advised to be agile and experiment with emerging technologies. The NCC believes that this disruption and innovation will drive sustainable growth, economic diversification, and enhanced living standards for all Nigerians.

The commissions strategic vision plan, Aspire 2024, prioritizes connectivity and broadband access as vital for socio-economic development. By expanding network coverage and promoting broadband infrastructure deployment, the NCC aims to provide reliable and affordable internet access to every corner of Nigeria.

As of May 2023, telecom subscriptions in Nigeria reached 227,179,946 with a teledensity of 119 percent. The telecom industry contributed 14.13 percent to the GDP in the first quarter of 2023. The NCC also focuses on consumer protection, privacy, data security, and efficient spectrum management to optimize connectivity and facilitate emerging technologies.

By promoting AI, ML, IoT, blockchain, 5G, VR, and AR, the NCC intends to unlock the transformative potential of these technologies and enable new services and applications in Nigeria.

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Artificial Intelligence and Machine Learning Can Revolutionize ... - Fagen wasanni