How to Mitigate the Expected Big AI Job Disruption in South Africa – Anne Rutledge Resourgenix

Loading player...
The World Economic Forum predicts that 23% of global jobs will change in the next five years due to industry transformation through artificial intelligence (AI), text, image, and voice processing technologies. In its Future of Jobs 2023 report, the WEF says that the integration of large language models (LLMs) and AI will present a paradigm shift. While this could lead to significant productivity gains, there is the risk of job displacement and it could exacerbate socioeconomic disparities, which is of particular concern in South Africa. While there is generally a skills shortage in South Africa, AI is undoubtedly going to have a profound impact on the workforce. So, how should we mitigate the risk of AI? In an interview with Biznews, Anne Rutledge, the Executive Director of Talent Solutions at Resourgenix, said that South African companies are not fully ready for the AI revolution. Rutledge said that companies should take baby steps in the adoption of AI and should not automate everything at once. They should also be mindful of security risks in using AI tools. Rutledge warned against using tools like ChatGPT for CV writing and said that it should only be used as a guideline.. Rutledge also has advice on how the unemployed can gain AI skills and lists the functions that are in danger of being taken over by AI, and the jobs and skills that will remain in demand. In South Africa, she says, there is a scarcity of top talent and that AI will never replace the human touch.
21 Sep 2023 1PM English South Africa Investing · Business News

Other recent episodes

Helen Zille on Joburg, coalitions and the price of power

She said she hadn't exchanged a single word with the ANC about a post-election deal. Helen Zille then told Alec Hogg who she thought was talking to them. The DA's Johannesburg mayoral candidate took on Corné Mulder's claim of a backdoor ANC pact and compared Gayton McKenzie's Patriotic Alliance to…
25 Sep 12PM 34 min

Why Jakkie Cilliers (ISS) guarantees Africa in 2050 will be far more stable than today

At a time when news headlines across Africa highlight political friction, economic distress and security concerns, a guarantee of better times ahead may sound almost provocatively optimistic. Yet Dr Jakkie Cilliers, founder of the Institute for Security Studies and head of its African Futures and Innovation Programme, bases that guarantee…
25 Sep 5AM 35 min

Andy Calitz on Eskom, the job he didn't get, and what came next

He was on the shortlist to run Eskom and lost out to André de Ruyter. Years later, Andy Calitz, who ran South Africa's transmission grid before a career that took him from Shell to Gazprom's control room and the helm of LNG Canada, still thinks about it most weeks. In…
25 Sep 3AM 55 min

Warren Wheatley breaks his silence on his FSCA debarment

Three trades, R301 in total, and a 20-year ban from the financial sector. Warren Wheatley, the chartered accountant who helped put together the Capitec empowerment deal and went on to found Altvest, now Africa Bitcoin Corporation, broke his silence to Alec Hogg days after resigning as CEO. The FSCA says…
23 Sep 12PM 54 min