Artificial Intelligence, Friend or Foe ?

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Numerous people seem to fear the idea of A.I (Artificial Intelligence), reasons vary from the fear of job cuts as machines take on more work doing it at a faster rate than any human can, this results in people losing their jobs. Others fear AI for the mere reason that they are actually going to out smart us and take control of the world. They truly believe that technology is at the brink of taking over the world and killing every human.

Picture this every science fiction movie you’ve seen that portrays the end of the world such as the Terminator and iRobot. Where, it is fundamentally clear that the end of the human race will be due to the rise of the machines, and that the war between the world and machines will begin. For those that watch series such as, “Black Mirror, West World and “Love death and robots. Which keep giving us future glimpses of what already exists as to how these certain technologies from social media to robots that could start to develop their own minds. Leading to what we may fear one day, the fear of losing control of the planet to machines. The movie Ex machina and series Devs, also portray the very bizarre statement of technology being the thing which will allow us to transfer our conciousness into different entities and also allow us to be able to see our past inhibitors on earth. Portraying theories such as imagine if you could go to the exact moment dinosaurs existed, and the time when these same dinosaurs died seeing the evolution of life take place to its current state.

We’ve seen experts such as Elon Musk who’ve warned us about the possibility of AI taking over, through a concept known as machine learning. “Machine learning is the study of computer algorithms that improve automatically through experience and by the use of data. It is seen as a part of artificial intelligence” wikipedia. What this fundamentally means is that machine learning is hardly controllable, this is the concept of machines learning on their own and having no human control, this is what has had most computer scientist worried about giving so much control to a machine.   

But to play devils advocate for a minute we have to appreciate the advance technology that has taken place since machine learning has taking over certain jobs. The great part about machine learning is the benefits of easily identifying trends and patterns that take place at a faster rate than any human can. Throughout this process no human intervention is needed as it is fully automated. Automation leads to what we know as continuous improvement as the algorithm continuously solves problems 24/7. This is handled through something known as multi-dimensional and multi-variety data. A wide range of applications to access and determine all the data accumulated in real time.

In a nutshell only time will tell what happens in the future, with the progress of technology, will it be a friend or foe?.

Quantum Computing 

As complex as quantum physics is the theory and practicality of a quantum computer seems like something straight out of a science fiction movie. The idea that one can possibly be able to access information at a far superior rate will be the biggest game changer since the landing on the moon.

IMAGE COURTESY RIGETTI COMPUTING. PHOTO BY JUSTIN FANTL.

One of the definitions found online state that; “Quantum computing is the use of quantum-mechanical phenomena such as superposition and entanglement to perform computationComputers that perform quantum computations are known as quantum computers”.

Now for someone like myself who is not truly in tune with quantum physics that definition is a lot to digest , so I took it upon myself to find out how I can easily understand what quantum computing really is and what it could theoretically do in the future. Now to distinguish the difference between a quantum computer and our regular computer or classical computer.

Our modern/classic computers (cell phone, laptop, desktop, smart TV, etc.) all function on bits which predict things in 0’s and 1’s meaning your information has 2 alternatives to choose from. To elaborate a little further what is meant by that is, when you take a coin you notice that there’s 2 sides: heads and tails. Now if you were to flip that coin you get either heads or tails it cannot be both at the same time. So this means that you have a 50 % chance of being right with your predictions when you toss a coin. This applies to research when you are searching something it will take longer to find a cure with modern/classic computer as it would with a quantum computer.   

Now with a Quantum Computer first thing I noticed was that it does not look like any computer I know or have ever seen. Now with what I know about normal computers using bits to function a quantum computer uses what is known as quantum bits or for short “qubits”. Now to explain Qubits continuing with the coin analogy. We have distinguished a computer functions like a flip of a coin. Qubits allow a quantum computer to change the scenario by functioning using amplitudes, which allow the computer to not flip the coin but make you spin the coin which allows one to have a series of possibilities because now your information can be 1’s or 0’s or both, because by spinning the coin your predictions are no longer heads or tails but because you have a spinning coin it is able to distinguish the best way faster than a normal computer. So in other words what would take years for a normal computer to do will take a quantum computer seconds.

About Us

The Northern Business Review is a business community newspaper that provides a platform for businesses to market their products and services, as well as build their brand, but equally important the publication provides information, advice and topics of interest, including business, entrepreneurial, economic reviews and simple ideas to grow your business. The publication has a primary objective to “uniquely” represent businesses to a wide audience across the community as well as provide a media platform of business articles and information that affect, influence and uplift the business environment within our defined geographical and cultural community.

@NsabasiNBR

Designed by Nsabasi Publishing©2020

Communicating through 0’s and 1’s

Reducing human interaction to a string of digits – the great misconception.

In an already highly digitised environment, corporate environments need to mindfully adapt their approach to engagement, with employees, stakeholders and customers.  The approach that needs to be taken is wilful adaptation.  This means that corporate environments should only progress with digital advancement if they have sufficient resources, capacity and capability to manage developments that come with the advent of AI (Artificial Intelligence) and the 4IR (4th Industrial Revolution).  

A simple example is activating social media platforms, when as a business you do not have the capacity to respond to your audience.  It is far wiser to not engage on social media at all, than to be seen as an unresponsive and unengaged business.  In addition corporates need to understand the implications of instant, messages that are not in-line with business values can have devastating consequences for corporate reputation.  Businesses should also ensure that implementing advanced communication platforms should never replace person-to-person communication but rather compliment it.  This is often where corporate environments fail.  Social media should never take-away from existing constructive stakeholder engagement platforms. 

It is less about the exchange of human intervention for AI and far more about being mindful of the impact that the removal of person-to-person engagement has on the psyche of the individual in a corporate environment.  Already, there has been a significant reduction in telephonic and face-to-face communication, which has been replaced by e-mail and instant messaging, with the addition of even more instant highly advanced sharing of information, the risk for a person to process information becomes greater as technology develops. 

In an already highly digitised environment, people are currently unable to cope with the large amounts of information churned out daily, thus we are already living in an environment where people rapidly scan information for personal applicability and taste.  This has already greatly impacted the advertising industry as it is almost impossible for individuals to pay attention.  Often this high overload of information is why employees and stakeholders believe that corporate environments fail to communicate, there is far too much information for employees to constructively extract meaningful information. 

The added concern with the dramatic advancement in technology without acknowledging the disruption to human relations is that people are already so consumed with digital that they forget what it means to look someone in the eye while having a meaningful conversation.  The more accustomed people become to reducing interaction to words on a screen, the more removed they will become from the spirit of humanism.

In order to protect good corporate cultures, business leaders should therefore apply wilful transcendence that is aligned to the strategic intent of the business. 

Deirdre Tholet

SMC Incorporated

083 324 3163

deirdre.tholet@smcinc.co.za

About Us

The Northern Business Review is a business community newspaper that provides a platform for businesses to market their products and services, as well as build their brand, but equally important the publication provides information, advice and topics of interest, including business, entrepreneurial, economic reviews and simple ideas to grow your business. The publication has a primary objective to “uniquely” represent businesses to a wide audience across the community as well as provide a media platform of business articles and information that affect, influence and uplift the business environment within our defined geographical and cultural community.

@NsabasiNBR

Designed by Nsabasi Publishing©2020

Augmented Reality – Welcome to the 4th Industrial revolution

Augmented Reality (AR). A quick search on Google will tell you that this means a technology that superimposes a computer-generated image on a user’s view of the real world, thus providing a composite (something that is made up of various different parts) view.

Everyone has seen the movie images of fighter jet pilots with augmented reality images of critical data being screened onto the inside of their visors as they hone in on their targets. All they have to do is look at their target to lock onto it, and flip the switch to fire.

Augmented Reality is simply the blending of interactive digital elements – like visual overlays, into our real-world environments, namely your business

But what is AR really? And how can AR benefit you? Well, the Pixzar logo, the dinosaur or the phone image in this article is an example of augmented reality, read on to see just how it works!

Technology exists to make life easier. We live in the age of information where everything is readily & easily available at your fingertips, or more specifically, your smartphone.

Your smartphone is your window to the world giving you access to all types of applications, in particular: Augmented Reality – that will enhance your ability to enter a new world of instant access to information, knowledge and understanding!

We have entered into the era of the 4th Industrial Revolution, a new immersive wave of computing, to which AR (Augmented Reality) together with VR (Virtual Reality) will lead the way in definite changes to the way we access information and sift out right from wrong, and wanted from unwanted. In essence, saving you time.

Consider this, you’re looking through this publication and an advert or article grabs your attention and you would like to know more.

What are the steps you would take to access further information on that particular product?

  • You could call the number displayed and hold on while a receptionist tries to locate the correct department to put you through. By this time you’ve wasted valuable time holding on the phone.
  • You could visit the website and view further details on the product. Of course, you are interrupted with pop-up ads continuously.

Both these actions require user input as well as considerable time. AR allows you to access the relevant and specific information that interests you by using the new PIXZAR app created in South Africa. PIXZAR is a free download.

PIXZAR changes the way you are now able to interact with advertising, marketing, books, newspapers, logos and other media.

How does it work? Once you have downloaded the PIXZAR app onto your phone, scan the PIXZAR logo at the bottom of this article and you will have access to a whole range of additional, more detailed, relevant digital AR and PIXZAR information.

By using AR in your articles or advertising you can now take your audience into your world of technical specifications and information on your product, videos or educational material, as there is no limit to the journey you can take the reader on, without them having to leave the screen of their smartphone.

Another example would be if you saw an outfit that you liked, and you would like to see it in another colour or design, the manufacturer, using AR, would allow you to scan the item and you would immediately be taken to a site where more detail on that specific item is located rather than going through the website and spending time scrolling a myriad of pages & links looking for that specific item.

The steady growth of AR globally, and various applications to use it, is taking the marketing industry by storm.

There is no limit to where the PIXZAR application can be used together with VR – from the education sector to manufacturing and even a simple scan of a page of an instruction manual page would bring it to life and show how to do something.

Gone are the days of researching encyclopaedias, history books, etc., manually.  

All vital information for every conceivable subject may be brought into the 21st century by simply augmenting the pages.

No need to change the print, just implement or update the digital content. This in turn gives added value to current media all the way from famous fairy tales to history to complex math and physics problems.

AR is more than just cool digitally generated information. It, like many of the technological advances, make your life easier and effectively gives you the most accurate and relevant information WHEN YOU want it.

Download PIXZAR and Scan the dinosaur below. Look for the “AR augmented” adverts and articles, scan them with your PIXZAR app and see where they take you.

Contact us If you are interested in AR advertising in the Northern Business Review.

About Us

The Northern Business Review is a business community newspaper that provides a platform for businesses to market their products and services, as well as build their brand, but equally important the publication provides information, advice and topics of interest, including business, entrepreneurial, economic reviews and simple ideas to grow your business. The publication has a primary objective to “uniquely” represent businesses to a wide audience across the community as well as provide a media platform of business articles and information that affect, influence and uplift the business environment within our defined geographical and cultural community.

@NsabasiNBR

Designed by Nsabasi Publishing©2020

4th Industrial Revolution Embrace it!

Bring up the subject of the forthcoming ‘Jobless Economy’ and it is enough to send a cold shiver down the spine of most South Africans who see the current dehumanising social impact of massive numbers of unemployed on almost every street corner, just struggling and hustling day-to-day to survive as best they can.

Ask for solutions from our politicians, academics and economists and all they seem to come up with is: ‘Ours is a labour-intensive economy, we’ve got to create jobs’.

Well, good luck to their elbows, let them stop talking about it and get on with the task of creating those labour-intensive jobs. If this is your solution, then make it happen!

In the meantime, a funny thing happened while most South Africans blinked in 2018.

While many weren’t looking, the rapid convergence of hugely disruptive, innovative advances in the world of business technology exploded: from automation (robotics), to artificial intelligence (AI), Internet of Things (IoT),  Augmented Reality & Virtual Reality (AR/VR), 3D printing, energy, autonomous driving and Blockchain. All are poised to radically transform traditional industries and business models as we have never seen before.

The advent of faster, cheaper, computing power is driving exponential increases in productivity & performance in almost every sector of business & lifestyle.

Peter Diamandis & Ray Kurzweil, founders of Singularity University, believe this rate of change to be ‘fundamentally different than ever before. All of these technologies are doubling in power ever year. This will create Disruptive Stress or Disruptive Opportunity, depending which way you choose to look at it.’

It is estimated that almost half of the best companies globally in their respective sectors will disappear in the early 2020s – www.imd.org/research-knowledge/reports/digitalvortex/ – with massive disruptions expected in the sectors of Manufacturing, Mining, Finance, Insurance, Law, Real Estate, Healthcare, Retail & Advertising. Business can fear it or embrace it.

‘At FOURWAYS Chamber, we embrace the concept of Disruptive Opportunity and are enthusiastic enablers of the 4th Industrial Revolution.’ Says FOURWAYS Chamber CEO: Trevor Nel

‘Imagine the collaborative innovation potential of 5 billion connected smartphone-users with almost unlimited access to education. I concur with those global abundance-thinkers who believe that we live in the most exciting of times ever in history. ‘

FOURWAYS Chamber members & local business operators (first-timers: complimentary access) meet & network every Friday – 9:30 a.m. to 11:00 – at Eagles Nest Lodge & Convention Centre, 373 Leslie Ave., cnr. William Nicol & Leslie, Fourways. Register on www.fccc.co.za

Trevor Nel can be contacted on:

T: 084 332-4421

E: trevor@fccc.co.za

www.facebook.com/fourwayschamber

About Us

The Northern Business Review is a business community newspaper that provides a platform for businesses to market their products and services, as well as build their brand, but equally important the publication provides information, advice and topics of interest, including business, entrepreneurial, economic reviews and simple ideas to grow your business. The publication has a primary objective to “uniquely” represent businesses to a wide audience across the community as well as provide a media platform of business articles and information that affect, influence and uplift the business environment within our defined geographical and cultural community.

@NsabasiNBR

Designed by Nsabasi Publishing©2020

AUGMENTED REALITY – PixzAR

Augmented Reality! A quick search on Google will tell you that this means a technology that superimposes a computer-generated image on a user’s view of the real world, thus providing a composite view. But what is it really? And how can it benefit you?

Technonogly exists to make life easier. We live in the age of information and everything is readily and easily available at your fingertips…the only prerequisite is a smart phone. Though this may seem incredible, and it is, having access to everything means just that. You have access to all types of information.

This is one aspect that Augmented Reality can really shine and enhance! Considered the 4th immersive wave of computing, AR (Augmented Reality) together with VR (Virtual Reality?)definitely changes the way we access information and sift out right from wrong and wanted from unwanted. It can, in essence, save you time.

Consider this, you’re flipping through a magazine and an advert grabs your attention. What are the steps you would take to enquire further information on that particular product?

  • You could call the number displayed and hold on while a receptionist tries to locate the correct department to put you through. By this time you’ve wasted valuable time holding on the phone.
  • You could visit the website and view further details on the product. Off course, you are interrupted with pop up ads continuously.

Both these actions require user input as well as considerable time. AR allows you to access ONLY that most relevant information via one of the many apps available today. One such app is PixzAR. Created in South Africa this App aims to do just that. Pixzar Changes the way the public interacts with advertising, marketing, books, newspapers, logos and other media…

For instance – A particular car ad commands your attention – All you need to do is use PixzAR to scan said ad and have access to a whole range of additional, more detailed and relevant & digital information. This App takes you into the configuration details of the car, videos of that particular vehicle. You could practically see every aspect of the vehicle ….on your smart phone.

Another eg. if it was an outfit that grabbed your attention…and you would like to for eg. see different colours, that too would be made available digitally with a simple swipe option, rather than going through the website and spending time scrolling looking for that specific item.

The steady growth of AR globally and various application to use it, is taking the marketing industry by storm. Another application that can be used together with VR is the education sector. Gone are the days of researching encyclopaedias, history books etc, manually.  All vital information for every conceivable subject may be brought into the 21st century by simply augmenting the pages. No need to change the print, just implement or update the digital content. This in turn gives added value to current meduim all the way from famous fairy tales to history to complex math and physics problems.

What about the DIY groups I hear you ask? How often do we get a one page instructional diagram that make little to no sense? With AR, a simple scan of that page would bring to life in 3D excatly how A should be slotted in B and which screws goes where!

So what is AR exactly? AR is more than just cool digitally generated information. AR is a time saver. It, like many of the technological advances is to make your life easier. To give you the most accurate, and relevant information WHEN YOU want it. Also, it’s damn cool! Don’t believe us? Just download PixzAR and Scan this very article.

Have an article or advert under this and invite the readers to download the app and scan the article and see how AR really works

About Us

The Northern Business Review is a business community newspaper that provides a platform for businesses to market their products and services, as well as build their brand, but equally important the publication provides information, advice and topics of interest, including business, entrepreneurial, economic reviews and simple ideas to grow your business. The publication has a primary objective to “uniquely” represent businesses to a wide audience across the community as well as provide a media platform of business articles and information that affect, influence and uplift the business environment within our defined geographical and cultural community.

@NsabasiNBR

Designed by Nsabasi Publishing©2020

Big plans in store for 4IR, digital economy

Wednesday, April 10, 2019

Communications Minister Stella Ndabeni-Abrahams will on Thursday unveil
the 4th Industrial Revolution in South Africa (4IRSA) partnership and plans for
the inaugural Digital Economy Summit.

4IRSA is a partnership between Telkom and the Universities of
Witwatersrand, Fort Hare and the City of Johannesburg, which seeks to stimulate
and facilitate an inclusive national dialogue to shape a coherent national
response to the 4IR.

It also aims to complement and support other national activities
relating to 4IR – most notably the recently appointed Presidential Commission
on 4IR.

The task of the commission, which is chaired by President Cyril
Ramaphosa, is to identify relevant policies, strategies and action plans that
will position South Africa as a competitive global player.

As such, Ndabeni-Abrahams will use the launch on Thursday as an
opportunity to introduce the commissioners who will serve on the commission.

The Minister will also unveil plans around the inaugural Digital Economy
Summit, set to take place in June.

The media launch will include a presentation and handover of the 4IRSA
process summary report and a panel discussion on “4IR challenges and
opportunities for South Africa”. – SAnews.gov.za

About Us

The Northern Business Review is a business community newspaper that provides a platform for businesses to market their products and services, as well as build their brand, but equally important the publication provides information, advice and topics of interest, including business, entrepreneurial, economic reviews and simple ideas to grow your business. The publication has a primary objective to “uniquely” represent businesses to a wide audience across the community as well as provide a media platform of business articles and information that affect, influence and uplift the business environment within our defined geographical and cultural community.

@NsabasiNBR

Designed by Nsabasi Publishing©2020

New initiative to support grassroots innovators

Wednesday, March 27, 2019

About 100 grassroots local innovators will have a chance to develop and commercialise their ideas and products.

This will be made possible by the Department of Science and Technology’s Grassroots Innovation Programme (GIP), which will be unveiled on Thursday.

To be implemented by the Technology Innovation Agency (TIA), the programme seeks to help boost inclusive socio-economic development in South Africa through research and innovation.

The department said at least 100 participants had to come up with proposals, at the early proof of concept stage, with the potential to solve social challenges or provide technology solutions to specific needs.

The programme has already being piloted between 2016 and 2018, during which several projects were funded to the value of R2 million. 

One of these, the Geyser Hot Spot, is currently in the market and can be retrofitted on both horizontal and vertical high-pressure geysers, allowing consumers to access about 50 litres of water at a temperature of at least 50 degrees Celsius in less than 30 minutes. – SAnews.gov.za

About Us

The Northern Business Review is a business community newspaper that provides a platform for businesses to market their products and services, as well as build their brand, but equally important the publication provides information, advice and topics of interest, including business, entrepreneurial, economic reviews and simple ideas to grow your business. The publication has a primary objective to “uniquely” represent businesses to a wide audience across the community as well as provide a media platform of business articles and information that affect, influence and uplift the business environment within our defined geographical and cultural community.

@NsabasiNBR

Designed by Nsabasi Publishing©2020

Online trading platform to assist SMMEs

Wednesday, March 27, 2019

On the 28th of March 2019 President Cyril Ramaphosa will be launching an online trading platform which will link registered small, medium and micro enterprises’ (SMMEs) access to supply chain opportunities of large South African corporations that have an integrated global footprint.

The platform – called the Business Leadership South Africa Connect – will be launched in conjunction with the SA SME CEO Fund Circle. 

In a statement, the Presidency on Wednesday said the online portal will promote supplier diversity and the inclusion of black suppliers in the value chain.

“This initiative will create market opportunities for black-owned SMMEs through linkages and networking between large firms and SMMEs. It will also support emerging enterprises with access to enterprise and supplier development,” the Presidency said. 

This programme of broadening economic participation forms part of BLSA’s #BusinessBelieveInSouthAfrica campaign. One of the commitments under this campaign is support for small businesses.

The Presidency added that BLSA campaign supports government efforts to broaden economic participation and dilute the concentration of the South African economy in which a relatively small number of enterprises dominate all levels of supply chains and limit choices for consumers.

In February 2019, President Ramaphosa signed into law the Competition Amendment Bill which constitutes a boost for SMEs, economic inclusion and is intended to open the economy to fresh investment and innovation.

At this week’s event, President Ramaphosa will concurrently launch the SA SME Fund CEO Circle which aims to finance and scale up black SMMEs

“The fund was set up under the auspices of the CEO Initiative in 2016 to stimulate growth and investment drawn from the expertise of South Africa’s top business leaders. 

“Fifty of South Africa’s largest companies have collectively invested R1.4 billion in capital in the SA SME Fund which is mandated to invest the bulk of its funding into black emerging businesses,” the Presidency said.

President Ramaphosa has urged all social partners across the public and private spheres to collaborate on finding long term sustainable solutions to combat and reduce inequality, poverty and unemployment, and to secure and create inclusive growth to build a prosperous South Africa. – SAnews.gov.za

About Us

The Northern Business Review is a business community newspaper that provides a platform for businesses to market their products and services, as well as build their brand, but equally important the publication provides information, advice and topics of interest, including business, entrepreneurial, economic reviews and simple ideas to grow your business. The publication has a primary objective to “uniquely” represent businesses to a wide audience across the community as well as provide a media platform of business articles and information that affect, influence and uplift the business environment within our defined geographical and cultural community.

@NsabasiNBR

Designed by Nsabasi Publishing©2020

SA to develop Africa’s largest tech hub

Friday, February 22, 2019

Government is looking at developing the biggest tech hub in Africa, a
coding and programming academy as well as co-working and co-creation spaces for
the youth and start-ups in particular.

“Through the Small Enterprise Development Agency (seda), my department,
in partnership with the Department of Telecommunication and Postal Services,
has started a conversation to develop the biggest Tech Hub in Africa…” Minister
of Small Business Development Lindiwe Zulu said on Friday.

She was addressing an engagement session with the creative industry in
Johannesburg under theme ‘Leveraging on digital platforms for 4IR creatives’.

The session was led by Communications Minister Stella Ndabeni-Abrahams
and Deputy Minister Pinky Kekana.

The one-day engagement focused on broadcasting, audio-visual and new
platforms, as well as the 4th Industrial Revolution (4IR).

Zulu said the technological revolution must improve and advance the
lives of South Africans.

“It also becomes important that Small, Medium and Micro Enterprises
(SMMEs) and Cooperatives embrace this radical reshaping of the relationship
between technology capabilities and business opportunities.

“Incubators must focus on creating a new generation of South African
Start-ups that will drive the creation of disruptive technologies in the
creatives industry,” she said.

The Minister said South Africa is well placed to benefit from the
potential of the information and communications technology (ICT) sector in the
future.

The Minister said the size of South Africa’s gross domestic product
(GDP), its levels of per capita income and productivity gave it an advantage to
lead in the ICT sector on the continent.

In addition, the increasing contributions from South African firms to
producing for the continent and world value chain of manufactured goods, as
well as the above-average level of innovation infrastructure in which business,
government and research interact, are putting South Africa in a favourable
position to lead this space in Africa.

“If South Africa wants to build on its existing strengths, it must not
wait longer with making meaningful, and sometime bold, changes. It must
overcome its current complacency, political complexity, and inertia to act.

“South African initiatives are likely to be successful only if they
happen in an integrated manner and, importantly, create more scale and scope
for growth across Africa and create the conditions that allow a greater role
for consumers and businesses to drive the impact of new technologies through
their effective use,” the Minister said.

Presidential Commission on the Fourth Industrial Revolution

 In his State of the Nation Address, President Cyril Ramaphosa
announced the appointment of a Presidential Commission on the Fourth Industrial
Revolution.

The commission will serve as a national overarching advisory mechanism
on digital transformation.

It will identify and recommend policies, strategies and plans that will
position South Africa as a global competitive player within the digital
revolution space.

Ndabeni-Abrahams has urged the creative sector to work with government
in developing policies for 4IR.

“Please walk this path with us as we develop policies for 4IR so that we
are able to move from an informed point of view. Through the Fourth Industrial
Revolution Commission, we are establishing work streams.

“Once the induction has been done by the President, we will be able to
invite more participants to look at the matter holistically,” the Minister
said.

Future of work

Dr Brian Armstrong, a pre-eminent thought leader on digitalisation and
business strategy and Professor of Digital Business at the Wits Business
School, emphasised the importance for South Africa remaining competitive in the
global economy as it moves to the Fourth Industrial Revolution.

“We need to understand the impact on the future of work and what it
means for employment, new modes of employment and new ways of engaging between
employers and employees.

“It is critical that we focus on the opportunities… and understand the
critical success factors,” Armstrong said.

He said the future work for creative roles are less vulnerable to
technological disruptions and automation.

“Computers struggle to do three things at the moment and will continue
to do that. These include roles that are iron created intensity, creative
intelligence, roles that are high relations intelligence and roles that are
high in construction dexterity.

“The more technological the world becomes, the more important it is to
focus on our humanity to differentiate ourselves from the machines and retain
value,” Armstrong said. – SAnews.gov.za

About Us

The Northern Business Review is a business community newspaper that provides a platform for businesses to market their products and services, as well as build their brand, but equally important the publication provides information, advice and topics of interest, including business, entrepreneurial, economic reviews and simple ideas to grow your business. The publication has a primary objective to “uniquely” represent businesses to a wide audience across the community as well as provide a media platform of business articles and information that affect, influence and uplift the business environment within our defined geographical and cultural community.

@NsabasiNBR

Designed by Nsabasi Publishing©2020