Lost in the hubris of a failed summit meetings, a declaration of a national emergency and damaging testimony from his former attorney, Donald Trump recently pronounced plans to sign an executive order to launch an American Artificial Intelligence Initiative.
Competitiveness is a tall order, and certainly, a national strategy is necessary if South Africa is not to be left behind. There is little doubt that in the short term, the commercialisation of what a commentator refers to as the “Intelligent Infrastructure” will constitute a driving imperative in the race for dominance. Competitiveness will be driven by innovation and meaningful innovation is driven by efficiency.
The ability to identify commercial potential in new technologies and to serve as a catalyst in developing new products and services which increase productivity and drive economic growth will require the academic community, in partnership with government, to convert ideas and inventions into innovative commercial adaptations.
Of particular concern in the years to come is the fundamental question of what impact the Fourth Industrial Revolution will have on the evolution of a radically different economic framework. In the short term, the commercialisation of intelligent infrastructures will be anchored within a competitive paradigm where scale, cost and productivity will determine winners and losers.
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