Protection Of The Rights Of An Inventor Of Artificial Intelligence In Nigeria - Intellectual Property - Nigeria

Artificial Intelligence (AI) is reforming economies all across the world by proffering novel products and services which creates an avenue for the generation of greater productivity gains, improved efficiency and lower costs. This is a radical change from the usual practice and such that has the tendency to permeate every aspect of the economy of any given nation. Studies accentuate that Artificial Intelligence has a vital economic impact on developing economies in the world. Recent research conducted on 12 developed economies in the world, all of which together generate more than 0.5 % of the world's economic output, projected that by the year 2035, AI could double the annual global economic growth rates.1 This is because Artificial Intelligence has a massive impact on healthcare, communication, financial, legal and commercial services to mention but a few.