AYABONGA CAWE: New economy calls for different view of property and growth
Traditional models of social organisation, ownership and control are disrupted in the digital economy
The fourth industrial revolution, much like inequality, seems to be a phenomenon that we all agree "matters". But when it comes to how we respond to and future-proof the skills, infrastructure and structural change required at firm level we may not be batting on the same wicket. A major reason for this is that the exponential growth in the digitisation of almost everything challenges how we’ve approached matters of governance in both the public and the private sectors. Deputy Communications Minister Pinky Kekana suggested that she would "persuade" her colleagues in the Cabinet to adopt programming as a subject in basic education, for instance. It is nice to speak of coding as a learning area, but the reality of schools that can’t meet the basic and minimum standards in infrastructure should wake us all from our slumber. What we hope, target and aim for is as important as what we don’t. SA is late in migration from analogue to digital, which would free up spectrum and make these digi...