4th Industrial Revolution for Africa
Channel: Jendamark
Date: 29/07/2023

In this video, Yanesh from Jendamark Automation explains the Fourth Industrial Revolution (4IR) and its impact on Africa. He starts by delving into the concept of the 4IR, which was coined to enhance Western efficiency but primarily revolves around automation due to rising labor costs and decreasing population.

Yanesh argues that while this approach suits the West, Africa's youthful population and current socio-economic climate necessitate a different approach. Rather than leading to social unrest and job losses, he suggests leveraging 4IR technologies to address Africa's unique challenges.

Yanesh further discusses the concept of GAFAnomics (Google, Apple, Facebook, Amazon economics), indicating how these businesses operate as networked entities. He contrasts 4IR companies that focus on owning networks and connections and work in a distributed manner, with traditional 3rd industrial revolution companies that emphasize owning physical assets and centralized operations.

Using Uber as an example, he illustrates how network orchestration can create significant job opportunities, like 13,000 jobs in South Africa, despite resistance from traditional sectors. He underscores the potential of these technologies in resolving Africa's challenges and creating opportunities for its growing youth population.

Finally, Yanesh highlights the human impact of the 4IR, envisioning an education system that adapts to individuals rather than boxing them into standardized learning structures. He hopes for a 4IR-empowered Africa that leverages these technologies for its unique needs and strengths.

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