How A.i And Ml Could Affect White-Collar Workers

Loading player...
Gugu Mfuphi talking to Andre Sharpe, Group Cio For Iwg (International Workplace Group) about Artificial intelligence (AI), machine learning (ML), the Internet of Things: the rapid pace of technological change we are witnessing today will have a profound effect on the way we live tomorrow.

From the time-saving convenience of driverless cars to fridges that automatically restock when the contents run low, there is no area of our existence that will remain untouched.
• According to a recent IMF study, South Africa has a skills mismatch of over 50% while demonstrating high population mobility and a low ranking when it comes to rating of ease of hiring foreign labour. Workers who neglect to upskill for the modern job market may find their talents become redundant when AI and ML can do all the things they used to do faster – and cheaper.
• As the world of work switches to a project-by-project (or on demand) model, so too will the ways people are hired. Whether people are permanent, non-permanent, working remotely or on an on-site basis, they will need to stay in touch with each other. Anyone who’s worked from home will have experienced the isolation that can result from being alone all day, and will recognise the importance of human contact and the motivational aspects of feeling included as part of a team.
23 Jan 2020 11AM English South Africa Business News · Investing

Other recent episodes

Your Retirement, Your Rules: ETFSA’s Starter Pack Explained

Retirement planning doesn’t need to be intimidating. Suzan Ramotshabi breaks down the biggest barriers stopping South Africans from investing, including Black Tax and fear of making mistakes. She explains how the Starter Pack works, additional ETFSA solutions, and the one step listeners can take today to begin their retirement journey…
23 Sep 1PM 22 min

SARB Tightens: What the 25bps Hike Means for You

The SARB surprised markets with a unanimous vote to hike rates by 25bps, landing against rising inflation expectations and global volatility. Johann Els unpacks the policy mood shift, the 4.4% inflation print, rand vulnerability, and how this decision affects credit conditions, household budgets, and South Africa’s growth outlook heading into…
23 Sep 12PM 14 min

The State of SA Insurance: Climate, Claims & Consumer Strain

South Africa’s insurers are navigating a perfect storm: higher catastrophe losses, rising claims inflation, affordability strain, and a shifting risk landscape shaped by climate volatility and crime. Santam’s Partner Solutions CEO, Gugu Mtetwa, unpacks the sector’s resilience, the worsening underinsurance problem, consumer behaviour shifts, and how insurers are adapting to…
22 Sep 1PM 24 min

Measured Momentum in SA Banking: Earnings Up, Risks Rising

South Africa’s major banks delivered headline earnings growth of 9.3% to R82.3 billion, stronger ROE at 20.5%, and improved cost‑to‑income ratios — but beneath the numbers lies a fragile domestic recovery and renewed inflation pressure. PwC’s Rivaan Roopnarain breaks down the competitive dynamics across retail, business, corporate and payments ecosystems,…
22 Sep 1PM 14 min

Crypto’s Turning Point: Sound Money Capital says Bear Market Dead

After eight months of grinding weakness, crypto snapped sharply higher in August — and Sound Money Capital was fully allocated ahead of the turn. CIO Rob Price explains why seller exhaustion, ETF capitulation, and policy intervention signal the end of the bear market. With Bitcoin reclaiming key resistance and market…
22 Sep 1PM 15 min