Initiative for digital economy strategy plots way for job creation

Last year was one of hype about the fourth industrial revolution in SA. There has been talk of the potential for new technology as a “silver bullet” solution for SA’s development challenges.

This was the finding of SA in the Digital Age , a multi-stakeholder initiative to develop a forward-looking digital economy strategy for the country. It is convened by Genesis Analytics in partnership with the Gordon Institute of Business Science and the Pathways for Prosperity Commission at Oxford University.

Another area with significant potential is the scaling of digital platforms that can absorb low-skilled labour. There are more than 90 digital platforms facilitating the exchange of goods, services and labour in SA. Many have business models that require the participation of low-skilled labour, and therefore have the potential to unlock demand for workers drawn from this segment of the population.

Universal digital inclusion should be achieved so that all South Africans can access economic opportunities in the digital economy

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