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Friday, April 19, 2024

Pakistan shouldn’t let go off 4th Industrial Revolution: Alvi - Daily Times

Last updated Friday, November 12, 2021 21:39 ET

President Dr Arif Alvi Friday said compared to the natural resources, Pakistan could take a jump faster into the new era by exploiting the immense potential of youth bulge, using minds and intellectual talent.
In his keynote virtual addresses to the ‘Digital Youth Summit’ being held in Peshawar, the president said benefiting from the huge youth population and their skills, Pakistan needed to jump the bandwagon of the Fourth Industrial Revolution.
“We have to get on board as soon as possible,” he remarked.
Explaining the flood of data, the president said human mind was unable to analyze the already available data, so it required artificial intelligence.
He said, according to scientists, human memory was no more than 5GB but the currently available data was far beyond the human mind’s capacity.
The analysis of the data would require IT specialists which would ultimately enhance the importance of the IT talent.
The president said the value of the App developers had also increased as the businesses needed to outreach their clients across the globe.
He said comparing TV advertisement, social media publicity was free and that was why it was claiming space from print and electronic media.
The president told the gathering that some 15-16 years ago, the oil and gas exploration companies used to be among the top ten corporate firms but now they had been replaced by tech giants called GAFAM – Google, Amazon, Facebook, Apple, and Microsoft – with far more outreach and impact.
He said...



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