The rise of technology has in many ways made everyday life easier and convenient. But, for all its great uses there are also repercussions. The blue collar workforce are losing jobs because technology is replacing them. Tasks that were done by low-level professionals are now performed by inventions such as automated toll boots, supermarket tills and assembly lines in factories. Highly qualified jobs in law and finance are also being threatened by digitisation, robots and other innovations. With the advent of job losses in the 4th Industrial Revolution, would a universal basic income help mitigate the challenge?

The Interchange is made possible by Absa and Tshimong.

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Over the past 3 years, there has been a lot of buzz around the onset of the 4th Industrial Revolution (4IR). The 4IR offers huge potential to transform and realign our economies and societies. But, how do we play a shaping role to prepare societies and industries at large for this economic era, and ultimately help shape the impact of the 4IR? Can we accelerate the development and implementation of emerging science and technology to the benefit of citizens, society and the public interest? In doing so, are we able to learn from the mistakes of the past in order to mitigate massive exclusions, human rights violations and regulatory lag?

The Interchange is made possible by Absa and Tshimong.

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