industrial revolutions and development: exploring the

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Industrial Revolutions and Development: Exploring the Potential Impacts of the 4IR Rasigan Maharajh, PhD 4th Industrial Revolution Summit for Economic Development, Moses Kotane Institute 25 th March 2018, e’Thekwini.

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Industrial Revolutions and Development: Exploring the Potential Impacts of the 4IR

Rasigan Maharajh, PhD

4th Industrial Revolution Summit for Economic Development, Moses Kotane Institute

25th March 2018, e’Thekwini.

Outline

• Introduction

• Evolutionary and Revolutionary History of Global Development

• Contemporary Conjuncture

• Impacts of Technological Change

• Conclusion

• AI Glossary

• References

pre-Introduction: World Mercator Projection and True Sizes

Introduction

• Our Contemporary Conjuncture is defined by Contradictions and Crisis's originating in the hegemonic mode of production: Globalised Neoliberal Capitalism, which shapes World Systems and produces Combined and Uneven, yet Common characteristics (Maharajh, 2015)

• The Anatomy of South African society is discernible through analysing:• the development of productive forces, and • the structure of the relations of ownership (Maharajh,

2011)

• Persistence of Prior Accumulation Strategies-

Minerals-Energy Complex (Fine & Rustomjee, 1996)

• Poverty• Underdevelopment • Unemployment• Inequality• Increased ecological constraints, climate

change, and environmental degradation

Global Timeline of Human Transformation of the Terrestrial Biosphere

Source: Ellis, et al., 2017

2018: Global Distribution of the People

Changing Regional Contributions to World GDP

1 1000 1500 1600 1700 1820 1870 1913 1950 1973 2003

Africa 7.618451263 11.49286836 7.80172674 7.079520572 6.939702984 4.501308671 4.071646724 2.9079907 3.809880884 3.432545993 3.231428714

USA 0.258059619 0.431969031 0.322002858 0.18096163 0.141884834 1.806512544 8.854935996 18.92842705 27.30684404 22.07231306 20.60636434

Asia 72.80222387 70.50316085 64.93066876 65.4746322 61.83459513 59.38355711 38.31294089 24.9065895 18.59437038 24.11897281 40.4637587

Europe 15.54904082 11.23534836 20.47897925 22.58732907 24.93242297 26.5991264 37.59202701 37.93869461 29.65478669 29.00550762 21.12707407

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

% o

f W

orl

d G

DP

Source: Angus Maddison

Forecasting 2017 & 2030

Global Wealth Inequality (2019)

Source: Davies et al, 2018 Source: Oxfam, 2019

World Wealth (2018)

Africa: Wealth & Poverty

Africa:Growth

Contemporary World Systems: Combined, Uneven, and Common

Source: Various, 2019

Materialist Conception of Human Social History

Source: Carter, 2017

Co-evolution of Labour Processes & Technology

Source: Keller et al, 2018

Kondratieff Waves of Capitalist Expansion

Source: Saskatchewan Research Council, 2014

Planetary Impacts

Understanding ‘Techno-Economic Paradigms’

Source: Perez, 2009.

Technological Surges

Source: Perez, 2009.

Waves of Techno-Economic Transformation

Source: Hargroves & Smith, 2005.

Contextualising Economic History of south Africa~1 - 1400 1400 -

1600

1600 -

1700

1700 – 1800 1800 - 1900 1900 - 2000 2000 - …

Industrial Revolutions (WEF)

Euro

pean

Glo

bal Exp

ansio

n (C

on

qu

est, Expro

priatio

n, &

Inco

rpo

ration

)

1784- “shift from reliance on

animals, human effort and

biomass as primary sources of

energy to the use of fossil

fuels and the mechanical

power”

1870- “electricity distribution, both wireless and

wired communication, the synthesis of ammonia

and new forms of power generation”

1969-“development of

digital systems,

communication and

rapid advances in

computing power”

2016- “advent of ‘cyber-

physical systems’

involving entirely new

capabilities for people

and machines”

Technological

Economic Waves

~1771- Industrial

Revolution: Iron,

Water Power,

Mechanisation,

Textiles, Commerce

~1829-

Industrial

Production:

Steam

Power,

Railroads,

Steel,

Cotton

~1875-

Scientific

Revolution:

Electricity,

Chemicals,

Internal

Combustion

Engines

~1908- Scientific-Technical

Revolution: Automobile, Mass

Production, Petro-chemical

Industries, Aviation, Electronics,

Space

~1971- ICT Revolution:

Microcomputers,

Information &

Communications

Technologies, Software,

Digital Networks

~2010- Sustainability,

Radical Resource

Productivity, Whole-System

Design, Biomimicry, Green

Chemistry, Industrial

Ecology, Renewable

Energy, Green

Nanotechnology, …

south Africa

~1030 –

1290-

Mapungub

we Kingdom

1652-

Corpora

te

Capture

of the

Cape

~1770s - Wars of

Dispossession

(Frontier Wars)

* 1798- Cape

Colony Post Office

1809- Proclamation regulates

the use of Khoi, San and

coloured labour for white

farmers

1834- Slavery Abolished

1860- first steam train

(Durban and the Point)

1867- Diamonds ‘Discovered’

1882- Electric streetlights

(Kimberley)

1886- Gold fields Proclaimed

1910- Union of South Africa

1912- African National Congress

formed

1913 - Land Act

1923- Electricity Supply Commission

1934- Status of the Union Act (a

‘sovereign’ independent state)

1948– Apartheid regime installed

1952- ‘electric tabulator’ (IBM-

South Africa)

1961– Republic Proclaimed &

uMkhonto weSizwe Launches

1963- Arms Embargo

1977- Mandatory

Sanctions

1990- National Liberation

Movements Unbanned

1994- Democratic

Breakthrough

1994-1996-

Reconstruction and

Development

1996-2005- Growth,

Employment and

Redistribution

2006-2014- Accelerated

and Shared Growth

Initiative for South Africa

2015-2018- New

Development Plan

2019- New Dawn …

Source: Various

Emerging and Disruptive Trends in AI

Emergent Socio-Techno-Economic Change

Emergent Socio-Techno-Economic Change

Emergent Technology Growth (2018-2028)

Source: Moffet, 2018.

Conclusions: 21st Century Transformational Challenges

• Economic Expansion to absorb under-Employment & improve Productive Forces

• Ecological Resilience & Sustainability

• Inclusion & Redress against Inequality

• Redistribution through High-quality Public Infrastructures & Institutions

Source: CBI Insights, 2017

AI Glossary

• ALGORITHM A set of step-by-step instructions. Computer algorithms can be simple (if it's 3 p.m., send a reminder) or complex (identify pedestrians).

• BACKPROPAGATION The way many neural nets learn. They find the difference between their output and the desired output, then adjust the calculations in reverse order of execution.

• BLACK BOX A description of some deep learning systems. They take an input and provide an output, but the calculations that occur in between are not easy for humans to interpret.

• DEEP LEARNING How a neural network with multiple layers becomes sensitive to progressively more abstract patterns. In parsing a photo, layers might respond first to edges, then paws, then dogs.

• EXPERT SYSTEM A form of AI that attempts to replicate a human's expertise in an area, such as medical diagnosis. It combines a knowledge base with a set of hand-coded rules for applying that knowledge. Machine-learning techniques are increasingly replacing hand coding.

• GENERATIVE ADVERSARIAL NETWORKS A pair of jointly trained neural networks that generates realistic new data and improves through competition. One net creates new examples (fake Picassos, say) as the other tries to detect the fakes.

• MACHINE LEARNING The use of algorithms that find patterns in data without explicit instruction. A system might learn how to associate features of inputs such as images with outputs such as labels.

• NATURAL LANGUAGE PROCESSING A computer's attempt to “understand” spoken or written language. It must parse vocabulary, grammar, and intent, and allow for variation in language use. The process often involves machine learning.

• NEURAL NETWORK A highly abstracted and simplified model of the human brain used in machine learning. A set of units receives pieces of an input (pixels in a photo, say), performs simple computations on them, and passes them on to the next layer of units. The final layer represents the answer.

• NEUROMORPHIC CHIP A computer chip designed to act as a neural network. It can be analogue, digital, or a combination.

• PERCEPTRON An early type of neural network, developed in the 1950s. It received great hype but was then shown to have limitations, suppressing interest in neural nets for years.

• REINFORCEMENT LEARNING A type of machine learning in which the algorithm learns by acting toward an abstract goal, such as “earn a high video game score” or “manage a factory efficiently.” During training, each effort is evaluated based on its contribution toward the goal.

• STRONG AI AI that is as smart and well-rounded as a human. Some say it's impossible. Current AI is weak, or narrow. It can play chess or drive but not both, and lacks common sense.

• SUPERVISED LEARNING A type of machine learning in which the algorithm compares its outputs with the correct outputs during training. In unsupervised learning, the algorithm merely looks for patterns in a set of data.

• TENSORFLOW A collection of software tools developed by Google for use in deep learning. It is open source, meaning anyone can use or improve it. Similar projects include Torch and Theano.

• TRANSFER LEARNING A technique in machine learning in which an algorithm learns to perform one task, such as recognizing cars, and builds on that knowledge when learning a different but related task, such as recognizing cats.

• TURING TEST A test of AI's ability to pass as human. In Alan Turing's original conception, an AI would be judged by its ability to converse through written text.

Source: Hutson, 2017

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DankieThank you

NgiyathokozaEnkosi

NgiyabongaKe a lebogaKe a lebohaKe a lebogaSiyabonga

Ndo livhuwa/ Ro livhuwaInkomu

[email protected]

www.ieri.org.zaFaculty of Economics & Finance,

Tshwane University of Technology,

159 Nana Sita Street,

Pretoria CBD, 0002

City of Tshwane

Province of Gauteng

Republic of South Africa

AbstractWhilst our contemporary conjuncture remains characterised by combined and uneven development, our common future is imperilled by threats of catastrophic climate change, environmental degradation, and the persistent militarised hegemony of the advanced and mature capitalist economies.

Science, Technology, and Innovation are deeply embedded social constructions that have co-evolved with humankind’s development.

This presentation provides an overview of the long-run of historical development which affirms evolutionary progress of humankind and the revolutionary accelerations which afforded various societies of the world the possibility of providing a better life for their citizenry.

Notwithstanding the miss-numbering, we are today poised on the brink of another revolutionary transition within the mode of production.

The current industrial revolution, which would be variously enumerated in the respective historical contexts of different country experiences, holds a range of radical potentials for effecting creative destruction (innovation) and expanding economic capabilities and capacities.

Thus, it is in the contested terrain of unfair international trade, geopolitical inequalities, and an international division of labour that privileges the global North over the vast majority of the world’s peoples located in the global South.

The presentation concludes with tentative recommendations for the Province of KwaZulu in the Republic of South Africa to advantage itself and its people through deeper engagements with knowledge-intensive institutions, enabling productive Black economic empowerment, and enabling a better life for all.