By Fundi Maseko
Jon Foster-Pedley dean and director of Henley Business School Africa.
We have had three industrial revolutions and we’ve just crossed the threshold into the fourth. Here in Africa, we have been victims of the first three. The question we have to ask is whether we will be recolonised by the fourth – or emerge victorious.
The fourth industrial revolution brings with it a host of challenges. In reality, South Africa is heroically unprepared for it, so much so that there are some cynics who, looking to Eskom’s woes, quip that we shouldn’t really be bothering with the fourth when we have yet to conquer the first.
The truth though is that our unpreparedness is also our greatest opportunity. I have no doubt that South Africans, and Africans at large, have the necessary intelligence, enthusiasm and motivation to embrace the internet of things and master it. We will have to let go of some of our old habits and enter this new arena with an open and adventurous mindset, but when we do so, we will be making new businesses and being incredibly intellectually stimulated like never before in the process.
But what of the social impact of the fourth industrial revolution? We dare not Click here to read entire article
Source:: IT News Africa