The rise of technology has in many ways made everyday life easier and convenient. But, for all its great uses there are also repercussions.
The blue collar workforce are losing jobs because technology is replacing them. Tasks that were done by low-level professionals are now performed by inventions such as automated toll boots, supermarket tills and assembly lines in factories. Highly qualified jobs in law and finance are also being threatened by digitisation, robots and other innovations.
With the advent of job losses in the 4th Industrial Revolution, would a universal basic income help mitigate the challenge?
The Interchange is made possible by Absa and Tshimong.
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