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The growing demand for accurate, effective and convenient business support tools has seen a rise in solution-driven innovations from payment, banking and budgeting applications, to accounting desktop solutions.
As most global markets experience growth, South Africa remains in an economic quagmire. Due to credit rating downgrades, a volatile currency, and lower contributions to GDP from the country's major economic spinners – the agriculture, manufacturing, and mining sectors – the country is experiencing stubbornly high unemployment and anaemic economic growth.
PwC's latest Global Consumer Insights survey, assesses the shopping behaviour, habits and expectations of over 22,000 consumers in 27 countries, including 1,000 from South Africa. Almost a third (32%) of consumers surveyed globally by PwC plan to buy an AI device, including robots or automated assistants, with retailers watching closely as ‘voice commerce’ develops in the home. In South Africa, 44.3% stated they plan to buy an AI device in the near future.
Sixty-five percent of jobs that will exist in future, have not been created. Technology is changing faster than most can keep up with. Is it man against machine, or man working hand in hand with machines? With the hype around the Fourth Industrial Revolution (4IR), Artificial Intelligence (AI) and robotics, there is concern as to the impact on jobs and future careers.
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