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The AI Revolution is Coming, Whether You Like It or Not
At the Datacentrix Showcase 2024, business leaders were treated to a harsh reality check about the impending AI revolution. Andile Ngcaba, chairman of Convergence Partners, and Ahmed Mahomed, CEO of Datacentrix, both delivered stark warnings about the urgent need for South African businesses to adopt AI policies and ensure robust cyber security and data governance frameworks.
The Threats are Real
According to Ngcaba, if your employees are using AI tools like ChatGPT, Gemini, Copilot, or MetaAI without proper policies in place, you’re running a huge risk. Your data is being taken out of your company without you even noticing. "Your staff is a ticking time bomb," Ngcaba warned.
Mahomed took it a step further, stating that 40% of African and 45% of global CEOs are uncertain about their companies’ viability in ten years’ time. "We’re living in a hyper-connected, converged, and increasingly hybrid business landscape, where CEOs are consumed by the fear of being left behind. The competition is global, skills are scarce, and decisions are driven by hype rather than reality."
The Stakes are Higher Than Ever
The acquisition of Datacentrix by Convergence Partners, which received unconditional approval from the Competition Commission and ICASA in July, has raised more questions than answers. Ngcaba and Mahomed insist that there will be no changes to operations or HR considerations, but many are left wondering about the true intentions behind the deal.
The consequences of not adopting AI policies and frameworks are severe. Your company’s data is at risk, your employees are exposed to cyber threats, and your competitiveness is under threat. The writing is on the wall: the AI revolution is coming, whether you like it or not. It’s time to wake up and adapt before it’s too late.
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