The Fourth Industrial Revolution can be described as the advent of “cyber-physical systems” involving entirely new capabilities for people and machines. While these capabilities are reliant on the technologies and infrastructure of the Third Industrial Revolution, the Fourth Industrial Revolution represents entirely new ways in which technology becomes embedded within societies and even our human bodies.
Examples include genome editing, new forms of machine intelligence, breakthrough materials and approaches to governance that rely on cryptographic methods such as the blockchain. The 4th Industrial Revolution and digital transformation have immensely impacted people across the globe. They have unlocked many new opportunities as well as brought with them just as many challenges. Individuals, small to medium enterprises, corporations, governments and their respective departments have thus been left in a position where they need to react to these challenges by creating innovative business models, communicating differently and reacting more quickly.
Skeptics and conspiracy theorists warn of artificial intelligence taking over, however, Africawide Group CEO Raymond Chiimba sees technology and 4IR in a completely different fashion, “Humans should be free from the drudgery of mundane tasks that machines can do for us in a smarter way, not to be fearful of them replacing us.
The Transform Africa Summit, held in Kigali in May of 2019 was centered on an innovative commitment from African Heads of State and Government to accelerate sustainable socio-economic development on the continent, ushering Africa into a knowledge economy through affordable access to Broadband and usage of information and Communications Technologies.
The world is experiencing an economic and political upheaval that will continue for the foreseeable future. The forces of the Fourth Industrial Revolution have ushered in a new economy and a new form of globalisation.
Africawide embraces The Fourth Industrial Revolution as a fundamental change in the way we live, work and relate to one another. It is a new chapter in human development, enabled by extraordinary technological advances commensurate with those of the first, second and third industrial revolutions.