Plenty of literature has been written about the challenges facing the South African economy and the fact that there are no immediate solutions to fast-track economic growth. With the finite resources that South Africa has, the only way to grow the economy is to shift South Africa from a product-based economy to a service-based economy and then embrace the Production Possibility Frontier (a concept in economics that focuses on the ability of technology to break the traditional constraints that an economy has when it comes to capacity). However, while this may turn out to be an innovative answer to our economic crisis, the MANCOSA School of Information and Digital Technology (SIDT) warns that this does present its own - dangerous - challenges.
