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Thursday, 8 August, 2019
Quote of the week
"Not only are women playing more of an active role in managing a home's finances, they are also playing an integral part in the home buying process, now more so than ever before… If we look at the breakdown of our website traffic, 64% of our users are women, which suggests that women are most often the ones driving the decision when it comes to purchasing a home."
- Adrian Goslett, regional director and CEO of RE/MAX of Southern Africa
Comment of the week
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South African women and the 4th Industrial Revolution
While we are in the Women’s Month and celebrate Women’s Day in South Africa, we are faced with challenges such as the involvement of women in the Fourth Industrial Revolution (4IR). Artificial Intelligence (AI) is at the forefront of this reality. This involves systems that, as the European Commission puts it, “display intelligent behaviour by analysing their environment and taking actions … to achieve specific goals”.
The big question is, how will the 4IR effect the vulnerable and marginalized members of our communities (especially women)? In South Africa, not much has been discussed around how women will be affected by these technological changes. With the ensuing changes, the future of women’s work is at stake; automation means routine type of work such as secretarial or call centre are going to be replaced by computers, while care work is replaced by robots.
While women form the majority of property buyers in South Africa, they, however earn less than their male counterparts. A persistent wage gap is what makes it more challenging for women to enter the property market.
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