REGULATING AI: A GLOBAL CHALLENGE

Ikechukwu Odoemelam Esq, 

Corporate Attorney/Consultant

Since artificial intelligence (AI) became commonplace and applied by anyone

 according to need an affordability, the entire world is not only aware but engaged in serious dialogue about how to respond to it.

European Union (EU) Act is the first global effort at regulating artificial intelligence (AI) aside from measures being taken by other sovereign states and political regions.

Apart from being strict, the emphasis of the Act is on the adoption of  AI as a safe and environmentally friendly innovation.

More other concerns of the Act include transparency, non-discrimination and traceability.  Most importantly the Act insists that the entire AI system should be under human supervision instead of AI. 

That sounds reassuring to assuage the fear of possibile endangering human lives and existence by AI.

Other jurisdictions like USA and North America, opted for lessez-ferez approach; abhorring any form of legislative regulations.  Instead the existing intellectual property rights: copyright, patent, trademark etc remain sacrosanct.  

Whereas the judiciary are strengthened to uphold and protect these rights against any invasion or infringement by AI innovations.

Asian regions, especially China and India introduced strong regulations but they seem to be concerned about the control of AI within their sovereign enclaves.

The approach adopted by South American countries differ significantly from those dealt with already in this discourse.  

Rather than embracing EU legislative approach or relying on the judicial powers like USA, they're using corporate governance as guide or minimum standard: the general rules and exceptions. 

Some Latin America countries put in place measures to protect minorities from the effect of AI, and collectively punish breaches. Perhaps big entities and individuals are left to confront AI application where their rights are threatened.

African continent appear to be sizing up the latent adverse effects of AI, even though a large proportion of the continent have embraced the use and confidence is growing by the day.

It's not unlikely that when they're ready many of them may adopt legislative approach. Most of them have written constitutions as well as written IP laws.

Overall, the world is aware and awake to the presence of AI. Massive education, collaboration and global corporate governance are needed to harmonize use of AI and regulate it's use.

We're keeping in touch with developments and surely keep you updated. Meanwhile your comments, critique and perspectives are welcome.

Ikechukwu Odoemelam

#corporateleaders

IS AI BECOMING A BULL IN CHINA SHOP?

Artificial Intelligence AI is the trending

 technological innovation that has been

received with  mixed feelings,  worries,

fears, anxiety and apprehension are just

 few ways  to describe how people respond

 to AI.

 

Emotion is at the centre of it; whether it’s

 based on loss of control, uncertainties,  

values, jobs or privacy concerns.

 

Are you scarred that AI is becoming the

 21^st century digital giant that’s becoming

difficult to tame? Well you’re not alone. 

Few clues as to where we’re in the radar, if

you stick around.

 

AI is a technological innovation that was

 created by human intelligence which

 could become disastrous because of

 human frailties.

 

History is replete with numerous cases of

 failed expectations of human intelligence,

even at the peak of it.  Think about the

largest ship, Titanic, submersible sub-

marine, aeroplanes, clones etc none of

 them has proved error-free.

 

 

Have you felt upset, agitated or confused

when you hear ChatGPT, machine

 learning, Algorithm, Big  Data computer

vision and how viral they’d gone?

 

Of course some people see the tech

innovations as a battle of values:

replication of superlative order of things

 in terms of speed, efficiency and quality.

 This battle preceded the discovery of DNA

 and robots.

  

Do you feel concerned about what the

apparent free-for-all use of AI may have

on our environments with the absence of

ethical guidelines?  Your guess is as good

as mine.

Sometimes you wonder what the thinking

of global and #corporateleaders, sovereign

states, private sector and individuals are?

Totally overwhelmed perhaps?

 

On the contrary, there seem to be a 

reassuring posture from global leaders,

UNO, UNESCO, WIPO, corporate

conglomerates etc that AI is a digital

companion to be adopted.

 

Have you wondered what the mission of

AI is all about apart from capitalist end?  

It’s unlikely that apprehensions, fears by

individuals or groups can stop the

crescendo of AI trajectory.

 

Here’s why.  A recent survey conducted by

concerned experts revealed among other

things that more than 80% of all

respondents agree that for researches and

routine tasks AI is safe.

 

The second finding of the survey is that

62% of respondents believe that effective

use of generative AI will separate

successful law firms from unsuccessful

firms within the next xt five year

 

Put all these together and think of how to

 navigate, for numerous people I bet

nothing can be more intimidating and

monumental. 

 

And the most critical aspect?

Where to start.

 

Have you got opinions, clues and counter perspectives?  More of these are expected.

 

Ikechukwu Odoemelam Esq is the lead Attorney at the Law Firm of

IKECHUKWU O. ODOEMELAM & CO

Legal Practitioners/Consultants

#corporateleaders #ai #iplaw #digital #economy #mrketing

LINKEDIN NEWSLETTER DEBUTS

WELCOME ALL SUSCRIBERS I had written my maiden newsletter, and just as I was concluding I came across a quote by American Industrialist Harvey Firestone that “the growth and development of people is our highest calling of leadership”.          That quickly reminded me about the mantra of this newsletter which is “Intellectually endowed legal ideas, developments and innovations no professional would like to miss”.          Being the maiden edition I immediately changed to “Corporate Social Responsibility” (CSR): a global business phenomenon, that touches every aspect of human endeavours. More of that in the near future.        1. Suffice to say that content could Attract or Repel. It could also reflect or  address the mood of your audience. 2.  When a content doesn't fit, save it for future engagement or edition.  I'm humbled to announce that your decision to subscribe is not a blind one. Within the first 24 hours of the debut, 176 of you (counting) found it a worthy decision. I want to assure you that I don’t take it for granted.         You'd have ample opportunities to comment, criticize and recommend. Depending on how strong your views and testimonies are, some of you and your opinions may feature in subsequent editions of the legal ideas and contents.          Meanwhile if you have been ignoring or underrating social media, please stop and begin to engage it as critical business and professional catalyst. Towards the end of 2022 about 4. 5 billions people globally, already using social media fore prsonal and professional transactions.               Thanks for your time and attention.                Ikechukwu Odoemelam Esq                 #corporateleaders

ANOTHER EDUCATION JAUNDICE LOOMING

#education  #corporateleaders  #digitalskills #companies #directors  #contentcreator

As schools are reopening nationwide, there seem to be another education 'jaundice' looming. 

Students of some tertiary institutions are already protesting the hike in school fees that came with the new administration.

Since the focus is on education, it's pertinent to remind ourselves that the removal of fuel subsidy was the straw that broke the camel's back.

If not ASSU, it's  students' strike or government's closure of schools on flimsy excuses other than COVID or epidemic.

The negative outcomes like Shakespeare would say live with the society.🎎

Government is a public office. Those who occupy it today are merely attempting to solve similar problems left over by their predecessors.

The significance of education on human capital development and the entire world cannot be over-emphasized.✍️

At the just ended United Nations General Assembly (UNGA77) the President of World Bank group hit the nail on the head when he aptly observed:

"A silent learning crisis is unfolding that has become devastating shock to human capital.  We need to work to prevent further damage and build more effective systems. We urge you the world leaders, to meet this crisis head-on and act to improve learning outcomes for all children everywhere"

With the situation right now in Nigeria  only to the students and their sponsors are on the receiving end, with federal government declaring surpluses.👏

What do you think? Is education no longer a social service?

You the students whatever that happens to your ambition, don't miss the opportunity to join our skills acquisition program by DM.

I'd like to here your comments and responses.🙏

I remain Ikechukwu Odoemelam, #iplawyer available to assist companies, bloggers, entrepreneurs and busy #corporateleders with relevant contents that help you succeed.😀

TELL ME THE VALUE OF CRYING WHEN THE HEAD IS OFF?

#corporateleaders #housing #shelter #estate #fct #land  #government #demolitions

When the erstwhiile Rivers State governor Nyesom Wike was appointed Minister for FCT he warned an appealed to those who are aware of ABUJA master plan, violated it and went ahead to put structures on them should vaccate, relocate or face demolitions.

The law is a social engineer. It's a sword and shield simultaneously.  One of the ways to step on toes, powerful toes, is firm  stand on instant laws without compromise.

 

Now the structure on Plot 226, Cadastral Zone A02 Wuse 1, Wuse, Zone 6 District, is said to belong to Oba Oyebade Lipede, the Alake of Egba land, but was allegedly taken over by one Alhaji Ibrahim Mohammed Kamba and Alhaji Ademu Teku unlawfully was demolished days ago.

It's baffling when enlightened elements resort to threats in challenging situations like frustration of contracts which could have demanded mitigation.

According to the avowed approach of the Minister, there's certainly no value in crying when the head is off.

With the support of the constitution, your rights are our concerns, however it's your duty to protect them.

Your comments and responses are welcome.

Ikechukwu Odoemelam

Legal Practitioners of the Supreme Court of Nigeria 

Corporate Attorneys/Consultants 

https://www.amazon.com/stores/Iyke-Ozemena/author/B0078UY9VQ?ref=ap_rdr&store_ref=ap_rdr&isDramIntegrated=true&shoppingPortalEnabled=true

BLOGGER:. https://www.corporate leadersboard.blogspot.com

ARTHUR ZULU: MENTOR PER EXCELLENCE

#corporateleaders #mentorship #consultancyservices #author

One of the very important ideas I learned from mentors is not to let someone else's opinions of you become your reality.☺️

AsTony Blair, 🇬🇧 former UK Prime Minister once said: "My teachers used to call me a failure, yet I became Prime Minister".

If you have a mentor that encourages you to soar, 💪 it changes all the negative opinions about you.😀

Such mentor is Arthur Zulu; an accomplished author✍️ and publisher. An online coach and consultant, Arthur partners with 🇺🇲 American consulate in Lagos to present impacting top publishing and creative skills.

It was this publishing skills that brought me into contact with Arthur more than a decade ago.

Aliko Dangote 🇳🇬 said: "In the journey to success tenacity of purpose is supreme"
I have always consulted Arthur whenever I made business decisions.

In 2016 when I launched IDEA WORKSHOP 🎤🎧 training and skills acquisition outfit Arthur on short notice travelled from Lagos to Abia state.

The representatives of Abia state government who attended poured encomiums on Arthur's courage and wisdom.

He gifted government representatives with copies of the workshop materials.

Arthur Zulu is not rich materially; but  what he displays in quantum is the mindset of the wealthy.

Dangote recommended: "When you have made it in life, you must give back to those who made you".

As Africa's top industrialist his corporate social responsibility fully illustrated that.

Arthur as an individual has demonstrated that severally in the course of more than a decade ago that he became my mentor.

I appreciate you immensely; may God not stop to bless you.🙏

Meanwhile I remain Ikechukwu Odoemelam #iplawyer and #contentcreator I'm available to assist companies, bloggers and online entrepreneurs succeed with relevant contents.

https://www.linkedin.com/in/ikechukwu-odoemelam-esq-5916a6279

HOUSEMANSHIP FEMALE DOCTOR DIES IN AN ELEVATOR ACCIDENT

HOUSEMANSHIP FEMALE DOCTOR DIES IN AN ELEVATOR ACCIDENT #corporateleaders

Dr Vwaere Diaso who studied medicine and obtained her

degree from Babcock University, was reportedly dead in

 the elevator accident that occurred in a Lagos general

 hospital where she had only two weeks left for the

 completion of her housemanship.

It's not enough to console her family, colleagues, state

 and the nation for the loss. It could anyone of us across

 the globe.

.

NUMBER OF COLLAPSED BUILDINGS ...

According reports a total of 61 incidents of collapsed

building occurred in Nigeria in 2022.

Meanwhile there's in existence National Building Code,

and Building Code Advisory Committee, established more

than a decade ago.

"The Committee” is hereby established, and shall be

answerable administratively and operationally to the

Minister. It shall be the duty of the Minister to brief the

 National Council on Housing and Urban Development on

activities of the Committee.

If the provisions of the National Building Code are

observed to the letter why do we have rampant incidence

of building collapses and defective constructions leading

to accidents? Apart from security threats, loss of lives

and properties arising from these avoidable incidents it 

as raised questions about the efficiency and capability of 

professionals and government agencies responsible for

 enforcing the provisions of the relevant laws.

There seem to be lapses along the line of all agencies

 responsible for enforcement. We have to start from

creating awareness of the law sine Nigeria is largely rural

 in construction compared to advanced countries. The

 awareness is also necessary for those who apply and

 enforce the laws.  For instance those who issue

 approvals for buildings and constructions going on in the

 communities should be held responsible in tort.

PROFESSIONAL OBLIGATIONS

Many professionals are involved in the building and

 construction industry and it would be unfair to single out

 one professional for blame.  However, it amounts to

 criminal silence on the part of Quantity Surveyors and

 Construction and Cost Management professionals not to

 whistle-blow or report when buildings are being set up

 without proper compliance with relevant laws,

 specifications and approvals leading to their collapses.

GOOD CORPORATE GOVERNANCE & CORRUPTION ARE NOT COMPATIBLES 

The government and corporate bodies have the

 responsibility to curb corrupt practices for good

 corporate governance to excel.  Corruption thrives

 because of three main conditions that are constantly

 preserved:

1 Benefits acquired illicitly

2 Low-risk of penalty/prevention

3 Disregard of morality: pain of poverty/privilege of public

 office

To tackle it advanced countries have heightened the scale

 of penalty, sense of morality and detection of crime.  It

 seems that the focus in Asia  has been to heighten sense

 of morality only. In spite of all these Halliburton, FIFA,

 ENRON etc are still fresh case studies which raise the

 issue of sanctions and its efficacy.

The various governments connected to late Vwaere

 should go for Inquest and  probably corporate

 manslaughter.

Ikechukwu Odoemelam Esq

Corporate Attorney/Consultant