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Perceptions on the fourth Industrial revolution and agricultural economics - the case of the University of Pretoria alumni

Dissertation (MSc (Agric))--University of Pretoria, 2020.

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Other Authors: Louw, Marlene
Format: Thesis
Language:English
Published: University of Pretoria 2020
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access_status_str Open Access
author2 Louw, Marlene
author_browse Louw, Marlene
author_facet Louw, Marlene
collection Thesis
dc_rights_str_mv © 2020 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria.
description Dissertation (MSc (Agric))--University of Pretoria, 2020.
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institution University of Pretoria (South Africa)
language English
last_indexed 2026-06-10T12:39:12.360Z
license_str Other — see source repository
provenance_str_mv Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository
publishDate 2020
publishDateRange 2020
publishDateSort 2020
publisher University of Pretoria
publisherStr University of Pretoria
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source_str UPSpace — University of Pretoria Institutional Repository
spelling oai:repository.up.ac.za:2263/77850 Perceptions on the fourth Industrial revolution and agricultural economics - the case of the University of Pretoria alumni Louw, Marlene u16273347@tuks.co.za Van der Merwe, Melissa Mhaka, Sikhanyiso UCTD Dissertation (MSc (Agric))--University of Pretoria, 2020. Tertiary education is servicing a rapidly changing labour market which is driven by the digital revolution. Big data is prefigured as the raw material of the digital revolution and its resulting concepts such as automation and artificial intelligence, blockchain technology and robotics which are reshaping the nature of the workforce in every sector of the economy. The digital revolution concepts are increasingly assumed that it will augment human abilities by assisting human beings to reduce tedious and monotonous tasks, thereby allowing human beings to spend more time on creative endeavours. On the other hand, the same innovations will result in job losses. This set of circumstances warrants a tracer study into assessing if the programme supply is speaking to market demand so as to advise curriculum review. The impact that big data, automation and artificial intelligence, blockchain technology and robotics have on the agricultural economics profession is not yet known and more so how much of it are the graduates exposed to in their current jobs. This study, therefore, provided some insight into the impacts of some of the digital revolution concepts by capturing the perceptions of the University of Pretoria alumni. Out of a total of 165 graduates, from an undergraduate programme in Agricultural Economics at the University of Pretoria, 50 respondents completed the on-line questionnaire. The results obtained indicated that a large proportion of the graduates, 82%, are gainfully employed with the majority employed in the agriculture and food sector. The graduates are proficient with most of the skills expected of agricultural economists but that they needed improvements in computer programming skills, advanced IT and analytical skills which are rendered as very essential skills for the digital revolution labour market. To determine the familiarity of the graduates with general concepts related to the digital revolution, their familiarity score was calculated. The scores ranged from 13 to 23, and the average score was 17.5 which was more skewed towards the low familiarity. Using familiarity as a proxy for the adoption of new technologies, the results suggested that the graduates are not adept at using new digital technologies hence negatively affecting their adoption. To identify the key determinants of propensity to adopt to new digital technologies, years of experience and undergraduate academic performance were considered. Neither academic performance nor years of professional experience were statistically significant in explaining the propensity to adopt new technologies. Having established that none of the variables of interest was statistically significant and could be used to determine the graduates’ aptitude to adopt new technologies, the graduates’ perceived impacts were considered. The graduates perceive an increased prevalence of automation, big data, artificial intelligence, robotics and blockchain technologies in their current jobs as years ensue. The popular impact perceived as a result of the application of robotics and artificial intelligence is employment loss. Big data and automation are commonly perceived to result in making work easier. Application of blockchain technology is perceived as having no impact on the nature of jobs by most of the graduates. Agricultural Economics, Extension and Rural Development MSc (Agric) Unrestricted 2020-12-29T11:50:55Z 2020-12-29T11:50:55Z 2020/04/24 2020 Dissertation Mhaka, S 2020, Perceptions on the fourth Industrial revolution and agricultural economics - the case of the University of Pretoria alumni, MSc (Agric) Dissertation, University of Pretoria, Pretoria, viewed yymmdd <http://hdl.handle.net/2263/77850> A2020 http://hdl.handle.net/2263/77850 en © 2020 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria. application/pdf University of Pretoria
spellingShingle UCTD
Perceptions on the fourth Industrial revolution and agricultural economics - the case of the University of Pretoria alumni
title Perceptions on the fourth Industrial revolution and agricultural economics - the case of the University of Pretoria alumni
title_full Perceptions on the fourth Industrial revolution and agricultural economics - the case of the University of Pretoria alumni
title_fullStr Perceptions on the fourth Industrial revolution and agricultural economics - the case of the University of Pretoria alumni
title_full_unstemmed Perceptions on the fourth Industrial revolution and agricultural economics - the case of the University of Pretoria alumni
title_short Perceptions on the fourth Industrial revolution and agricultural economics - the case of the University of Pretoria alumni
title_sort perceptions on the fourth industrial revolution and agricultural economics the case of the university of pretoria alumni
topic UCTD
url http://hdl.handle.net/2263/77850