ANDILE KHUMALO: We need skills - fast - to benefit from fourth industrial revolution
It is not every day that I find myself agreeing with trade unions. Following President Cyril Ramaphosa's state of the nation address, trade union federation Cosatu issued its traditional response. Although the statement unsurprisingly contained absurd proposals such as slapping a 10% "punitive tax" on all businesses that refused to invest their cash reserves in the economy, there was one good point it made.
"The federation is not convinced that business or government is properly preparing for both the opportunities and the dangers of the fourth industrial revolution to workers' jobs. The location of the presidential fourth industrial revolution commission in the department of communications compounds our fears. What is needed is a comprehensive plan for the entire economy as it does not impact upon communications only, but in fact the entire economy and society."..