Obasanjo: Debt Destroys Generations, Warns on AI Risks
On a recent occasion, former President Olusegun Obasanjo declared that debt is worse than leprosy, arguing that while leprosy affects only one individual, debt has the capacity to destroy entire generations. He raised these concerns during his address at the Ajibosin 3.0 Symposium, which took place at the Olusegun Obasanjo Presidential Library in Abeokuta, Ogun State.
The symposium's theme was “Leveraging Artificial Intelligence to Solve Grassroots Problems and Accelerate National Development.” Obasanjo questioned how Nigeria accumulated its debt and the long-term effects of economic decisions made over the years. He also warned that Artificial Intelligence could serve as a trap for developing nations, echoing sentiments from Dr. Umar Addo, who presented a historical perspective on AI.
Obasanjo emphasized the need for control over technology to prevent abuse and highlighted a pattern of exploitation by Western powers throughout history.
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