JOURNAL ARTICLEAdelaide Selemela · Michael Nkosinathi Khwela · Mohale Ernest Selelo
International Journal of Research in Business and Social Science · 2023
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The purpose of this paper is to examine and analyze how the Fourth Industrial Revolution (4IR) contributed to economic growth and development in South Africa. It argues that the 4IR is a pathway to achieve economic growth and development. Although much emphasis from the literature indicates the negative impact of the 4IR on human development, this paper brings to light that the 4IR is an engine to the headway of economic development. To get the expected results, desktop research is used, covering South Africa as an area of focus. Hence, it adopted a literature-based methodology that relies on the use of existing literature to critique the role of the 4IR in enhancing economic development. It reveals that the 4IR is detrimental to human development, however, it can be used as a catalyst for economic growth and development. It thus recommends that the 4IR must be fully embraced by both the government and private sector for the betterment of economic development and business growth amongst others.
DOI 10.20525/ijrbs.v12i7.28084 Crossref citations5 OpenAlex citations
JOURNAL ARTICLEMatolwandile Mtotywa · Smilo P Manqele · Thulani J Manqele · Mankodi Moitse
International Journal of Research in Business and Social Science · 2022
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Societal impact reflects the changes that transform the society which affect the well-being of individuals and their families. This study aimed to understand the perceived societal impact of the fourth industrial revolution in South Africa. The investigation used an exploratory mixed research method, with six experts in round table discussion (focus group) and a survey questionnaire with 1,1105 responses. The findings of the study confirm the existential relational proposition that the fourth industrial revolution has a societal impact in South Africa. It is influenced by socio-demographic (province, age) and socio-economic (education and employment) factors. The findings also revealed that the perceived highest impact of fourth industrial revolution’s will be on improved re-industrialisation (RII = 68.6 percent), increase in work mobility (RII = 68.1 percent) and improved service delivery (65.1 percent). Regarding benefits, if correctly leveraged, these new disruptive technologies create a significant opportunity to leapfrog the advancements made in the previous industrial revolutions and help develop society. However, this might widen socio-economic gaps further, especially if there is no action to change the status quo of the highly unequal society in South Africa.
DOI 10.20525/ijrbs.v11i9.21392 Crossref citations4 OpenAlex citations