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:


This article first appeared on 702 : 4th Industrial Revolution: 47% of jobs could disappear in 20 years


Recommended

by NEWSROOM AI

CapeTalk welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the CapeTalk community a safe and welcoming space for all.

CapeTalk reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

CapeTalk is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
"It's linked to a culture that deliberately nurtures intolerance of the media"

"It's linked to a culture that deliberately nurtures intolerance of the media"

Right2Know's Biko Mutsuarwa says they fully support Sanef's plan to interdict Black First Land First after threats to journos.

Nathi Mthethwa agrees that WMC needs to be dislodged from the economy

Nathi Mthethwa agrees that WMC needs to be dislodged from the economy

ANC National Policy Conference is in its fourth day and the Minister of Arts and Culture and ANC NEC member spoke to the media.

ANC leadership hold different views on economy

ANC leadership hold different views on economy

Stephen Grootes gives an update on the party's policy conference as it moves into its fourth day.

The robots are coming, but there is no need to fear, yet

The robots are coming, but there is no need to fear, yet

A predicted fourth industrial revolution is sure to cause disruption and some fear it will herald the rise of robot overlords.

What to expect from the 2016 World Economic Forum in Davos

What to expect from the 2016 World Economic Forum in Davos

The Money Show’s Bruce Whitfield interviews Mark Appleton, Strategist at Ashburton Investments.

Popular articles
[LISTEN] Cape Town businesswoman targeted in fake invoice scam

[LISTEN] Cape Town businesswoman targeted in fake invoice scam

Jacqui Kaminer says banking officials were unable to investigate the matter further because police failed to open a case for her.

Stealthing: a form of rape, says Dr Tlaleng

Stealthing: a form of rape, says Dr Tlaleng

'Stealthing' is the act of discreetly removing the condom without the knowledge or consent of the other party during sex.

Two young boys go the extra mile to get a sick dog to a vet with just R7

Two young boys go the extra mile to get a sick dog to a vet with just R7

Peter and Jerry gave up their last R7 to get a sick community dog (Lady) to an Animal Welfare shelter for medical attention.

Derelict buildings in Parow earmarked for social housing

Derelict buildings in Parow earmarked for social housing

The affordable rental units will be made available for families with a monthly household income of up to R15 000.

'Almost alcoholics' - the blurred lines between social drinking and alcoholism

'Almost alcoholics' - the blurred lines between social drinking and alcoholism

Sobriety advocate Janet Gourand explains the differences between the social drinker and an almost alcoholic.