Silulo Ulutho Technologies co-owner Luvuyo Rani said the session on future skills
at the annual Meeting of Champions in China indicated that 47% of repetitive jobs will not be available across the world within the next few years.
The 4th Industrial Revolution (4IR) and Innovation dialogue, which took place for four days was opened by the founder and executive chairman of the World Economic Forum, Klaus Martin Schwab.
With the job creation that Rani said was expected to emerge from the 4IR, the future outlook appeared to be not so bleak after all.
Rani is one of the global entrepreneurs who were awarded by the Schwab Foundation,which forms part of the World Economic Forum.
The 4IR will also be expected to make high demands for soft skills such as resilience, empathy, communication, collaboration and teamwork which will be needed for the future, he said.
Data was singled out as an imperative resource for making better decisions.
“The country indicated that it was important for Africans to get investment opportunities from China. Currently, only eight countries benefit from Chinese investment and this needs to be improved. China is very interested in investing in Africa, but it seems that Africa is hesitant to embrace these opportunities.
“China has 1.4 billion people of whom 800 million are working. They only have 5% unemployment. They invest so much in their people. There were big talks about supporting SMMEs in the future.
Huge talk of exclusivity was discussed where, in order for industry 4.0 to succeed and include all genders, the disabled and ethnic must be a part.
However Rani’s concern was whether Africa and its governments, were prepared.
“Do we have legislation to govern this as it seems that technology is moving faster than the policy- making process.”
Leadership 4.0 requires an increased level of education to deal with the complexity of the world.
“The education should be life-long, and the leader must drive the change and be able to respond to this environment. They must have adaptability, think like scientists and act like entrepreneurs.
“I observed that the government of China places its people first. They have raised the level of lifestyle and education for their people. They have dealt with poverty and invested a lot in education and technology.
“They are committed to what they are doing and ensure that government officials are held accountable for service delivery. They are set to be number 1 in the world. I returned very much inspired by their government. Also, the way they embrace SMMEs. They are building more businesses like Alibaba (one of China’s biggest on-line companies).”