Technology is driving the future of economies. This has become highlighted
under COVID-19 - organisations that thrive in today’s market are the ones that
are at the forefront of 4IR and 5IR, artificial intelligence, virtual reality and new
technologies.
In the context of those technologies, one of those emerging technologies is the unmanned aerial aviation, robotics and space industries. In the context of these industries, there is an opportunity for South Africa to leapfrog a developing aviation industry and create a knowledge industry that can create opportunities for businesses and jobs. The country is currently facing an unemployment rate of 32.5% and in particular a youth unemployment rate of 46.3%. There is an opportunity to leverage brand new industry into an economic driver that will assist in creating opportunities for youth, women, people with disabilities and SMMEs through a strategically developed ecosystem approach.
In the context of those technologies, one of those emerging technologies is the unmanned aerial aviation, robotics and space industries. In the context of these industries, there is an opportunity for South Africa to leapfrog a developing aviation industry and create a knowledge industry that can create opportunities for businesses and jobs. The country is currently facing an unemployment rate of 32.5% and in particular a youth unemployment rate of 46.3%. There is an opportunity to leverage brand new industry into an economic driver that will assist in creating opportunities for youth, women, people with disabilities and SMMEs through a strategically developed ecosystem approach.