What does the fourth industrial revolution mean for cities?

The Fourth Industrial Revolution is on the horizon, and it is set to bring about significant changes to cities across the globe. From self-driving cars to automation and additive manufacturing, the way we live, work, and interact with our environment is poised to undergo a transformation. In a recent interview with CNBC Africa, futurist Mal Fletcher discussed the implications of this revolution for African cities and the challenges and opportunities it presents. As we look to the future, it is crucial to consider whether African cities are prepared for the sweeping changes that the Fourth Industrial Revolution will bring. While some may view this revolution with a mix of excitement and fear, Fletcher believes that African cities are as ready as any other to embrace this change. He acknowledges that significant shifts are on the horizon, such as the decline of traditional factories and the rise of small production units interconnected by the Internet of Things. These changes will bring about social implications, including potential unemployment and technology gaps that will need to be addressed. Fletcher emphasizes the importance of being prepared for these changes and adapting to the new realities that the Fourth Industrial Revolution will bring. One key concern raised during the interview was the infrastructure deficit in Africa, which is estimated to be as high as $100 billion. With the introduction of smart cities and advanced technologies, the need for significant investments in infrastructure becomes even more pressing. Fletcher notes that much of the funding for these developments will likely come from private enterprises, as smart technologies become more affordable and accessible to a wider range of business owners. This presents an exciting opportunity for African entrepreneurs to get involved in industries that were once out of reach due to high costs. By leveraging the interconnected nature of small production units, businesses can take advantage of the benefits that the Fourth Industrial Revolution offers. However, along with the promise of new opportunities, there are also concerns about the social impacts of this revolution. Job losses and changes in productivity are looming challenges that must be addressed. Fletcher points out that studies suggest a potential decline in productivity as more tasks become automated, leading to a shift in workforce skill sets and motivation. It will be crucial for civic planners and policymakers to address these issues proactively to ensure a smooth transition into the new era. When considering who bears the responsibility for facilitating this transition, Fletcher highlights the complex nature of the sharing economy and the challenges of regulating a rapidly evolving digital landscape. While governments will play a role in setting regulations, businesses and sectors will also need to take an active role in preparing their workforce for the changing demands of the Fourth Industrial Revolution. By combining government oversight, sector self-regulation, and the use of automation to guide behavior, a successful transition into the Fourth Industrial Revolution can be achieved. As we stand on the brink of this technological revolution, it is essential for African cities to embrace the possibilities it offers while also addressing the potential challenges it presents. By fostering innovation, investing in infrastructure, and preparing the workforce for the future, African cities can position themselves as leaders in the Fourth Industrial Revolution.