The global economy is on the precipice of a Fourth Industrial Revolution – defined by evolving technological trends that have the potential to fundamentally change life for millions of people around the world. In recent years, labor-saving technology, together with globalization, has reduced jobs in manufacturing, particularly in advanced countries. Many studies predict major job losses due to automation. As we embrace the 4th industrial revolution, how do we ready ourselves for the challenges that will come with that, where jobs are concerned?
How can humans collaborate with machines while enhancing productivity and ingenuity?
GUEST: Dr Lize Barclay, Senior Lecturer in Futures Studies and Systems Thinking at the University of Stellenbosch Business School (USB)