The South African Science and Technology Minister Mmamoloko Kubayi-Ngubane this morning spoke at a breakfast forum announcing the establishment of the World Economic Forum’s Centre for the Fourth Industrial Revolution (C4IR) in South Africa.
In the very near future, the Fourth Industrial Revolution (4IR) will infiltrate every facet of life and inseparable from economic growth globally, according to minister Kubayi-Ngubane. The centre is the beginning of the journey and will provide a platform for cooperation between government and business.
The Council for Scientific and Industrial Research (CSIR) will host this centre and has already identified priorities that the centre must develop which include artificial intelligence (AI), machine learning, the Internet of Things (IoT), blockchain, distribution ledge technology, and precision medicine.
4IR has the potential to help South Africa overcome some of persisting challenges like unemployment, poverty, and inequality but only if the country can ready itself and be ahead of the techno-economical curve.