4th Industrial Revolution: 47% of jobs could disappear in 20 years

CEO of Sygnia, Magda Wierzycka, says "the Fourth Industrial Revolution is the biggest opportunity that is facing mankind but also the biggest threat".

Undoubtedly jobs are going to disappear.

Magda Wierzycka, Chief Executive Officer of Sygnia Group

The Fourth Industrial Revolution represent new ways in which technology becomes embedded within societies affecting the traditional ways of conducting business.

The department of Labour estimates that in 20 years about 47% of job types that we know today are no longer going to exist, they will be replaced by technology, says Wierzycka.

We need to start adjusting the education system to teach children skills that will be relevant in the world of drones and self driving cars...

Magda Wierzycka, Chief Executive Officer of Sygnia Group

In South Africa we are not using the technology available t be able to offer free education across the country.

Magda Wierzycka, Chief Executive Officer of Sygnia Group

Doing things such as online courses, the fact that we can deliver a lecture by qualified teachers to remote areas via a combination of computers and virtual reality.

Magda Wierzycka, Chief Executive Officer of Sygnia Group

To hear the full interview, please listen below:

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