Technology set to drive jobs growth

Technology set to drive jobs growth

Kathy Gibson reports – Since the first power looms heralded the start of the first industrial revolution, technology has been displacing people from jobs, and the current Fourth Industrial Revolution is continuing the trend – but on an unprecedented scale.

Estimates are varied, but the World Economic Forum believes as many as 7,1-million jobs will be lost as technologies associated with the Fourth Industrial Revolution, like automation and artificial intelligence, start doing the work previously done by humans.

It’s not all doom and gloom, though: Microsoft commissioned a study from IDC, “Economic Impact of IT & Microsoft in South Africa”, which […]

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