Everything that God created is a mystery and can only take His wisdom to unlock them. On Shoplife Music, we will be exploring the secrets of the book of life to unlock the hidden treasures of wisdom and knowledge

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Launched in late 2020, Pix, an online instant payment system designed by Brazil’s central bank, has become Brazilians’ favorite way to pay, surpassing credit and debit cards and nearly killing the use of cash.

It currently handles over 2 trillion reais ($338 billion) in transactions per month.

In June, the central bank is expected to launch “Pix Automatico,” a feature to automate payment of recurring bills such as utilities and streaming services.

“Pix Automatico should be really relevant,” said Ebanx vice president of product Eduardo de Abreu, arguing key online segments such as software as a service and streaming services heavily rely on recurring revenues.

Although Abreu sees credit cards as the main rival of Pix Automatico in the e-commerce segment, he projected most of the growth of the new feature in its first two years of operation should come from new customers who are currently shut out from the market by either not having a card or not having enough credit.

Pix Automatico’s total payments processed could be much higher than Ebanx’s estimate, as the latest estimate focuses just on the e-commerce sector.

Currently, recurring bills in Brazil are paid using bank invoices and automatic debiting, which require firms to partner with a variety of banks to handle their clients’ charges. Pix Automatico, on the other hand, will require vendors to partner with just one financial company.

Still, Moody’s Ratings senior analyst Alexandre Albuquerque said lenders will likely not be threatened by Pix Automatico, as their revenues are diversified and they have client benefits such as cashback on credit-card payments.

($1 = 5.9109 reais)

As seen on Yahoo Finance

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Amodei predicts that such “powerful AI” could emerge by 2026, capable of outperforming even Nobel laureates across various fields. Reflecting on his decade-long experience in AI, he noted a growing confidence in this timeline, citing significant advancements in recent months that have reduced previous uncertainties.

This perspective aligns with broader discussions in the tech community about the transformative impact of AI. Some experts argue that AI’s influence could rival that of the Industrial Revolution, fundamentally altering industries and labor markets. For instance, research from Columbia University suggests that AI and big data technologies might lead to a 5% decline in the labor share of income, indicating a significant shift in production dynamics and income distribution.

However, the path to such advanced AI is fraught with challenges. The substantial investments required in data centers and energy resources raise questions about economic feasibility and environmental impact. Moreover, the ethical implications of deploying AI systems that can outperform humans in numerous tasks necessitate careful consideration to ensure responsible development and use.

In summary, while the term AGI remains contentious, leaders like Amodei advocate for a pragmatic approach, focusing on the tangible development of AI systems that can significantly enhance human capabilities, while remaining vigilant about the associated risks and challenges.

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As seen on Nigerian Tribune

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Promoting your music can be tedious and sometimes overwhelming. With music review website like Shoplife Music Nigeria, you can get your music to the right audience. Listed below are some of the immense power of music reviews;

1. Shaping Public Opinion

Influence on Listener Choices: Reviews can guide potential listeners towards discovering new music, albums, or artists. A positive review can boost an artist’s popularity, while a critical one can prompt them to improve.

Trend Setting: Music review websites often set trends by highlighting emerging genres, artists, or movements, influencing what becomes mainstream.

2. Empowering Artists

Feedback for Artists: Constructive criticism helps artists understand their audience’s preferences and improve their work. Positive reviews can also serve as a morale boost.

Visibility: Independent and lesser-known artists gain exposure through reviews, helping them reach wider audiences and grow their fan base.

3. Driving Industry Growth

Market Trends Analysis: Reviews can provide insights into consumer preferences, helping record labels, producers, and marketers tailor their strategies.

Promotional Tool: A good review can serve as a promotional tool, boosting sales, streams, and concert attendance.

4. Cultural Impact

Preserving Music History: Reviews document and critique the evolving landscape of music, preserving insights into cultural shifts and the development of various music genres.

Fostering Musical Discourse: Reviews spark discussions and debates among music enthusiasts, fostering a vibrant community engaged in musical discourse.

5. Enhancing Listener Experience

Informed Listening: Reviews offer context, background, and deeper insights into music, enriching the listener’s experience and understanding of the art.

Discovery Platform: Music review websites often recommend similar artists or tracks, aiding in music discovery and broadening listeners’ horizons.

In summary, music review websites are pivotal in shaping the music landscape, influencing public opinion, supporting artists, driving industry trends, and enriching the cultural conversation around music.

Are you an artist? You can claim your music artist profile on Shoplife Music and start promoting your brand

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You can listen to “Doing of the Lord” on various platforms:

• Amazon Music: Stream or purchase the song here. Amazon
• YouTube: Watch the official audio below.

Download MP3

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1. Education and Skill Development

Early Exposure: Introduce tech and creative subjects in schools through coding classes, digital art, and design workshops.

STEAM Programs: Promote Science, Technology, Engineering, Arts, and Mathematics (STEAM) programs to develop well-rounded skills.

Online Courses: Provide access to online platforms offering courses in emerging technologies and creative fields.

2. Mentorship and Role Models

Mentorship Programs: Pair young talents with experienced professionals in tech and creative industries.

Inspiring Stories: Share success stories of tech leaders and creative thinkers to inspire the next generation.

3. Access to Resources and Tools

Tech Hubs and Maker Spaces: Create spaces equipped with tools and resources for hands-on learning and innovation.

Scholarships and Grants: Offer financial support for education and project development in tech and creative fields.

4. Community and Collaboration

Networking Events: Organize hackathons, art exhibitions, and innovation fairs to foster collaboration and networking.

Online Communities: Build online forums and social media groups for sharing ideas and resources.

5. Encouraging Innovation and Entrepreneurship

Startup Incubators: Provide incubation support for tech startups and creative ventures, including mentorship, funding, and workspace.

Competitions and Challenges: Host competitions to encourage problem-solving and innovation in real-world scenarios.

6. Inclusion and Diversity

Inclusive Programs: Ensure programs are accessible to underrepresented groups, promoting diversity in tech and creative industries.

Community Outreach: Conduct outreach programs in underserved areas to discover hidden talents.

7. Continuous Learning and Adaptation

Stay Updated: Encourage continuous learning to keep up with rapidly evolving tech trends and creative methodologies.

Feedback and Improvement: Regularly gather feedback from participants to improve programs and initiatives.

8. Partnerships and Collaborations

Corporate Partnerships: Partner with tech companies, creative agencies, and educational institutions to provide resources and opportunities.

Government and NGOs: Collaborate with government bodies and NGOs to support policy development and funding for tech and creative education.

By implementing these strategies, we can nurture the next generation of tech leaders and creative thinkers, equipping them with the skills, confidence, and support they need to innovate and lead in their respective fields.

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New Pricing Details:

.ng Domains: NGN 15,600

.com.ng Domains: NGN 7,200

NiRA has communicated that these changes are essential to ensure the continued reliability and security of Nigeria’s domain name system. The organization has been proactive in promoting the adoption of the .ng domain, which has seen significant growth in recent years. As of November 2024, the total number of .ng domain registrations reached 231,853, up from 211,164 in November 2023, indicating a steady increase in adoption.

In March 2022, NiRA implemented a 40% price reduction for .ng domain registrations to make them more accessible to businesses and individuals. This initiative contributed to the growth of .ng domain registrations, which surpassed 225,000 by May 2024.

The upcoming price adjustment reflects NiRA’s commitment to maintaining a robust and secure domain infrastructure, ensuring that it meets international standards and supports the digital economy in Nigeria. Users and businesses currently holding .ng or .com.ng domains, as well as those considering new registrations, should prepare for these changes and adjust their budgets accordingly.

For further information or inquiries, stakeholders are encouraged to contact NiRA directly or reach out to their respective domain registrars.

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