Key Takeaways

• AI may reduce the need for large teams, impacting workforce in developing countries.
• Opportunities exist for individuals to upskill and utilise AI for efficiency.
• AI's rise necessitates companies to adapt and mitigate workforce changes.

Topics

• AI & Machine Learning
• Technology
• Innovation
• Remote Work

Transcript

I think with AI, it means that the negative part of AI is you're not going to need as many people, right? So that's probably quite bad for developing countries. I mean, I think it's super interesting, say, in Nigeria, it's having a population explosion, there's a lot of talent there, time zone is quite good. This could be its time. But then it might be that actually you don't need 100 people, you just need 10 who really understand how to use AI very, very well. And so that might be a bit of a negative to people trying to get into the industry. So we'll see. Yeah, I suppose to a degree, AI might become your outsource. You know, if you know what you're doing, you have the skills to do it. But I think in technology, we forget that we are still the minority, right? You know, out in the real world, there are not that many people who really know how to code, there are not that many people really confident with building web products. And so even if they had AI to do it for them, they wouldn't even know where to begin. So I think there's many, many, many problems that need to be solved. And some of the problems are really small problems that don't warrant a whole SaaS product. But if someone was available to kind of just use AI to spin up and build a product, we've actually done it recently in ScreenCloud. We had one of our customer success team build an app on top of ScreenCloud for an events company in two weeks. And one of our front end developers helped a bit. But the majority of the code was developed through AI and prompting. He's a technical minded guy, but he's not a developer. I think that's pretty cool. Where that affects outsourcing, you're definitely going to need less people. So possibly that's a problem. But then I also think that people who are coming from kind of up and coming countries, they're pretty resourceful, and they're not dumb, like they're going to see that this AI is happening. So right now, maybe they're upskilling themselves on how to use AI and