Technology is reinventing how we live our lives, and while it me seem like another trend, MARTIN PIENAAR, COO at Mindworx Consulting, cautions every employer and employee to take note that this is a real thing and it is likely to eliminate 60% of the jobs we know today.
Everyone is talking about disruption and disruptors and how technology is reinventing how we live our lives at home and work. And while it may seem like just another trend or catchy business phrase, I caution every employer and employee to take note: this is a real thing! Exponential technologies are likely to eliminate 60% of the jobs we know today and if you don’t get to grips with what this means for your company and how you work, you’re not guaranteed of work in the future – which is closer than you think.
The next industrial revolution is here
Not for the first time are we experiencing a revolution that is threatening jobs and disrupting industries. Just think agricultural revolution, industrial revolution and even more recently in the technology age, how word processors obliterated the typing pool.
The next industrial revolution is here. People connected in real time by mobile phones and billions of connected sensors, are resulting in a revolution driving efficiency and productivity. Devices are getting cheaper, more powerful and more efficient which is pushing the internet into the industrial world. In this world, capital expenditure is giving way to monthly operating costs, where for example, the low cost of cloud computing allows for the growth of greenfields organisations which means more entrepreneurship and resultant innovation.
Companies need to gallup with technology
In this tech-era, companies should measure themselves on their responsiveness, not just the traditional assets and regulatory frameworks that have secured their success in the past.
Competitors of the future will likely not be the same as the past, and they will be faster, cheaper and do it better than you can. There is not an industry unaffected.
Employees need to reinvent themselves too
It’s highly unlikely that businesses of the future will insource all functions. The business model is likely to be a mix of own and outsourced pieces and “employees” will need skills in managing outsourced relationships.
“On-demand” skills must be mixed with full time teams in order to allow companies to rapidly scale up and down based on innovation cycles, but also to ensure they’re constantly resourced with current and best-of-breed skills. In order to stay competitive, companies will need to ensure that their permanent employees stay current too.
Over 53 million Americans are already participating in the part time, “gig” or “on-demand” economy. We expect this to grow over time.
Websites like Freelancer and Upwork (which is not yet active in South Africa) have allowed employers to find skills more easily. These trends will continue. In fact over the decade ending in 2015, the only net growth in staffing in the US market was in the “gig” economy, primarily Uber drivers.
Reskilling for emerging technologies like artificial intelligence/machine learning, big data, virtual and augmented reality, blockchain, robotics and the internet of things will soon be essential. Many of these technologies are coming out of a deceptive phase and becoming disruptive in the unlikeliest of industries. Robots are advising financial services clients, virtual reality is being used to solve pain issues in the medical realm and driverless cars have completed many millions of kilometers in California and Texas.
21st century skills are not about reading, writing and arithmetic
Companies and individuals who want to stay relevant will need to be up to date and competent in many of these technologies. If we carry on providing “broadcast” education rather than training for the attributes required in the 21st century, we are doing our youth, and ourselves, a disservice as they will be incompetent to cope in the workplace.
The qualities of curiosity, initiative, persistence, adaptability, leadership, social and cultural awareness are the basic foundational requirements for success in the new world of work.
And cross-team collaboration, creative thinking and prototyping are going to be the key attributes in a high-speed world.
And when you think that people are also starting to live longer – the current mean lifespan of 67 could well start to reach 100 over the next 2 decades – workers may be forced to work for longer and have to stay up to date with technology changes too.
The good news is that significant opportunities exist to grow skills outside of schools and universities, with massive online open courses (MOOCs) being offered by organisations like MIT, Coursera and iTunesU.
Real proof of a real change
Just in case you’re still not convinced that the disruption trend is here to stay, and will have a significant impact on the world of work, consider the following…
Business messaging service Slack is working on bots that will replace managers’ roles to get updates, follow up on tasks and send information to others. This type of technology will start to erode the roles of middle managers. Expect big improvements in productivity.
Airbnb has bought a blockchain company. The reason is to build a digital reputation system, which makes ratings immutable and could be used on the site to access premium properties, or elsewhere as a form of digital ID (not unlike a credit rating). It’s early days yet, but one gets a sense of how this technology will be used in future.
Many new industries will use people initially, but automate tasks as technology matures. An example is Uber and Lyft investing in self driving cars, Airbnb looking to unlock doors to rented homes using a mobile app (as against a person playing the key giver role), and online concierge services using artificial intelligence to replace humans.
We are living in very exciting times, but they are scary times for those who are not investing in their skills. Short term shedding of jobs is inevitable so standing still it just not an option when it comes to upskilling. But there are lots of new opportunities being created also. Think about how Airbnb and Uber have absorbed excess capacity; imagine when excess human capacity can be economically harnessed, it will create exciting new markets. I hope you’ll be ready.
Showmax launches half-price mobile streaming service
A new streaming product designed specifically for Africa, featuring TV series as well as African content and live sport, is aimed at filling the gap in subscription video on demand services
The subscription video on demand (SVoD) model, which originated in the USA, spread rapidly in countries where uncapped broadband is affordable and widely available. However, because the model also relies on consumers being comfortable with transacting online and having ready access to credit cards, it has barely scratched the surface across Africa.
On top of that, smartphones are often the only only form of Internet access across Africa, and none of the popular SVoD services have been designed for the format.
Showmax says it plans to change this with the launch of a new mobile plan that costs 50% of the standard Showmax package but still features 100% of the same video content. Showmax is set apart by a combination of four pillars: hit African content, exclusive international series, topkids’ shows, and live sport, including weekly matches from the English Premier League, Italy’s Serie A, and Spain’s La Liga.
Showmax says the new plan is aimed at consumers who only use smartphones and tablets to watch video content. Video resolution peaks at standard definition to help reduce data consumption. As it is a product aimed at individuals, only one concurrent stream is included in the plan. As with the regular service, it is also available for a 14-day free trial.
“This is all about an African service developing a solution that meets the needs of African consumers,” saus Niclas Ekdahl, CEO of the Connected Video division of MultiChoice. “Customer feedback consistently points to local content and sport as some of the things that people value most from Showmax. That’s of course on top of the international series, movies, and kids’ shows that are our bread and butter. With all of that content now available in a product designed specifically for mobile usage, we’re doing something no other service can offer.
“On top of that, with groundbreaking deals like our new offer with Vodacom in South Africa, we solve the credit card issue through add-to-bill payment and the data issue by including data directly in the package. We’re looking to launch similar offers in Kenya and Nigeria soon.”
Both the standard and mobile plans include live sport, sport magazine shows and sport documentaries. The 2019 Rugby World Cup Final was streamed live on Showmax earlier this month, and the following is a selection of some of the football due to be live-streamed in November:
22 November: Levante vs Mallorca (La Liga)
23 November: Arsenal vs Southampton (Premier League)
24 November: Bologna vs Parma (Serie A)
25 November: Aston Villa vs Newcastle United (Premier League)
29 November: Celta Vigo vs Valladolid (La Liga)
30 November: Fiorentina vs Lecce (Serie A)
30 November: Chelsea vs West Ham United (Premier League)
Showmax’s mobile plan is currently available in Nigeria, Kenya, and South Africa.
Comparison of Showmax plans:
|Price per month||R49 / N1450 / KSh 375||R99 / N2900 / KSh 750|
|Watch on smartphone or tablet||Yes||Yes|
|Watch on smart TV and computer||No||Yes|
|TV series, movies, kids’ shows||Yes||Yes|
|14-day free trial||Yes||Yes|
|Chromecast and AirPlay||No||Yes|
|Number of devices||One registered device||5 devices can be registered, with 2 able to stream at the same time|
For a 14-day free trial, visit www.showmax.com.
Online series wins SA’s Journalist of the Year award
A series of stories on gang warfare in Hanover Park earned Tammy Petersen of News24 the ultimate prize in South African journalism. Here are all the winners of the Vodacom Journalist of the Year awards.
At the 18th edition of the Vodacom Journalist of the Year Awards held at Vodacom World earlier tonight, News24’s Tammy Petersen took top honours and the R100,000 grand prize as national winner for her body of work on a gang war series entitled When you live in Hanover Park, you know death. Petersen’s submission was one of over 1,000 entries received from around the country across 12 categories – Investigative, Opinion, Lifestyle, Photography, Sport, Economics, Politics, CSI, Live reporting/ breaking news, Data Journalism, Multi-platform and the Young Journalist of the Year Award. This year’s theme – Connect the Dots – pays tribute to the best-of-the-best of those entries.
Takalani Netshitenzhe, Chief Officer for Corporate Affairs at Vodacom Group says: “This year has seen extraordinary entries to the 18th Vodacom Journalist of the Year Awards. Not all the stories that are national winners were about huge events but also showed the importance of telling the stories of ordinary people. In line with our theme, the dots were indeed connected, and we congratulate all the winners.”
Convenor of the judging panel Ryland Fisher says: “The quality of entries has convinced the judges once again that our industry is in good hands, as far as journalism is concerned, despite the many problems that have beset the industry in recent times. Judging from the entries, South African journalists are determined to fly the flag high for a free, independent, and vigorous media, which augurs well for our democracy. As judges, we can only salute all the entrants for the great work that they submitted. In the end, our industry is probably the biggest winner.”
Judges for this year’s awards are: Ryland Fisher (convenor), Jermaine Craig, Arthur Goldstuck, Albe Grobbelaar, Franz Kruger, Patricia McCracken, Mapi Mhlangu, Collin Nxumalo, Mary Papayya, and Obed Zilwa.
Visit the next page for the full list of winners and their citations.