He stated that people are the only appreciating asset as their talents and skills produce the ability to design, manufacture, produce and provide services, unlike machinery that depreciate with time.
He disclosed this at the Lagos State University (LASU) 83rd Inaugural Lecture themed ‘Managing Technological Challenges: Workers, Employers and Governments’ Perspective, yesterday.
Dauda however noted the takeover of workers’ jobs by technology, adding that people should be beneficiaries of technological change rather than victims.
“This is because new technologies and the sciences that underlie them are the products of a worldwide centuries-long accumulation of knowledge and should therefore be used and managed to promote human progress and wellbeing.
“Man’s creativeness and ingenuity create technology therefore technology is human’s servant and not its master,” he said.
He called on the government to implement national industrial development policies in all sectors, provide finance and support for research and development programmes and others.
He called for training and internship for teachers and workers to acquire practical industry knowledge to teach students and cope with changing technology.
Dauda also noted that a proactive approach to the transfer of knowledge from universities to industries should be encouraged in order to promote collaboration and mutual benefits.
