In the course of the panel session titled “The Way forward for Leisure with NFT and AI” at Technext Coinference 3.0, Paul Okeugo, Malik Afegbua, Venn Oputa, and Ebenezer Ugo Akachukwu emphasised that AI and NFT have important roles to play within the leisure business.
The dialogue dwelled on AI and NFT, two vastly disruptive know-how developments, and the way they rework the leisure house. Eclipse Nkasi lately made the headlines for leveraging AI know-how to create an afrobeats music album inside three days. Nkasi’s mission joins the rising pattern of individuals utilizing AI for duties together with content material creation and filmmaking.
When requested to remark about AI’s impression on the leisure business, significantly music, Paul Okeugo, founder and president of Chocolate Music Group stated that he welcomes the rising pattern. “I embrace AI primarily as a result of it may well rework the music business.”
Nonetheless on the use case of AI in music, Okeugo commented on the potential dangers of artists utilizing AI for his or her craft. He reiterated that the professionals outweigh the cons and that human creativity will at all times stand out in works created with AI collaboration.
On the problem of accountable AI, Malik Afegbua, CEO of SlickCity Media, stated that AI is a software that can be utilized for good or evil functions like deep pretend audio. How it’s used issues, he famous. Correct laws together with elevated consciousness may also help sort out the problem of individuals utilizing AI for the incorrect causes.
Learn additionally: “Blockchain can enhance the federal government” – Chris Ani at Coinference 2023
The position of NFT within the leisure house
Though NFT has misplaced a large quantity of hype during the last two years, Venn Oputa, Co-founder of Afrobubble, strongly believes that there can be a comeback. He famous that NFT performs a major position in serving to artists and different creators fight points associated to mental property.
“NFTs will assist to show possession and assist creators defend and democratize the unfold of their content material,” Oputa defined. Other than serving to creators affirm their possession over works, NFT know-how may assist in areas like viewers engagement and financing artistic initiatives.
