Refracted economies New thinking for PSET beyond the

Refracted economies: New thinking for PSET beyond the focus on skills and entrepreneurship Sharlene Swartz | 17 September 2019

Education in 4 IR 1. What's coming down the line? 2. What new areas of work are on the horizon especially with the growth of the fourth industrial revolution? 3. How should the post school education system respond? 4. What meaning do young people attribute to work, and how do they see the future? 5. How do we address uneven starting points? Platforms Robotics Digitisation Machine learning Artificial Intelligence 3 D Printing 5 G Big data Fintech Blockchain Biotech

ECONOMIES 1. 2. 3. 4. 5. 6. 7. 8. 9. SKILLED/UNSKILLED ENTREPRENEURIAL FORMAL/INFORMAL KNOWLEDGE PRIVATE/PUBLIC PROFESSIONAL ARTISANAL GIG SUSTAINABLE 3

CURRENT REFRACTED ECONOMIES 4

CURRENT REFRACTED ECONOMIES Bronze (Agricultural/Extractive) Silver (Knowledge/Services) Gold (Governance) Platinum (Tech/X-tech) Green (Energy) Blue (Ocean) Orange (Creative) Lavender (Caring/Helping) Colourless (Invisible/Unpaid) Red (Underworld) 5

TYPES CHARACTERISTICS REFRACTED ECONOMY 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. OF EACH SKILLED ----------SEMI-SKILLED ---------UNSKILLED ENTREPRENEURIAL (INNOVATE) -------BUSINESS AS USUAL (IMITATE) FORMAL ----------------------------INFORMAL KNOWLEDGE --------------------------PHYSICAL PRIVATE --------------THIRD SECTOR -------PUBLIC PROFESSIONAL ------------------------ARTISANAL INDIVIDUAL --------------------------COLLECTIVE PERMANENT ------------------------------GIG NEW -----------------------------TRADITIONAL SUSTAINABLE ---------------------------LIMITED 6

Education in the 4 IR 1. Skills in the school system to focus on: • Cognitive skills; ICT Skills; Relational skills (empathy, creativity, innovation, social skills, managing complexity, socio-technical analysis AND Imagination 2. Mainline new theory and innovations from the South 3. Reimagine TVET colleges as hubs of innovation in refracted economies 4. A sectoral analysis x economies’ characteristics along a continuum x tech innovations = deeper thinking & strategies beyond a focus on entrepreneurship and skills

TVET hubs CURRENT Orange (Creative and skills innovati imagina artistic industries – REFRACTED decolonis on E CONOMIES tion art, music, drama, film Platforms ation Robotics Digitisation Machine learning Artificial Intelligence 3 D Printing 5 G Big data Fintech Blockchain Biotech making)

TVET hubs CURRENT Lavender (Caring/Helping skills innovati imagina professions, child care, REFRACTED decolonis on E CONOMIES tion elder care, cleaning, Platforms ation Robotics Digitisation Machine learning Artificial Intelligence 3 D Printing 5 G Big data Fintech Blockchain Biotech nursing)

TVET hubs CURRENT innovatiskills Bronze imagina REFRACTED decolonis on (Agricultural/Extractive, E CONOMIES tion Platforms ation Robotics Digitisation Machine learning Artificial Intelligence 3 D Printing 5 G Big data Fintech Blockchain Biotech farming, mining)

Refracted economies: New thinking for PSET beyond the focus on skills and entrepreneurship Sharlene Swartz | 17 September 2019