Featured Post

CAREERTIP: Construction Professionals should start treating AI like a new colleague

Posted by on
Artificial intelligence (AI) isn’t going away and construction professionals need to embrace it and start working with it as if it were a new colleague. Across all industries, including construction, the adoption of AI is rapidly gaining momentum. This is because technology has finally advanced to the point where it can handle the complex and unstructured data involved in construction projects. Experts predict that AI will continue to develop into what they call "composite AI." Construction professionals, however, have some concerns about adopting AI. These concerns include: Regulatory Framework: Construction professionals must ensure that they comply with all applicable laws and regulations. They must also protect themselves, as AI can be programmed with specific guidelines to produce desired outputs. Ethics : There are important legal and ethical issues to consider when using AI. For example, who is liable if something goes wrong? Who is responsible if a disaster occurs as
0

NEWS: Key infrastructure projects hit by delays

Posted by on
The government in Africa’s most-industrialised economy has officially announced 62 energy, water, sanitation and other projects, known as SIPs. While eight have been completed and 40 are under way, 14 are behind schedule, according to the Standard Bank Group.


The rollout of one project — a plan worth billions of dollars to build 2,000 megawatts of new power-generation as quickly as possible – has been held up by court cases and state-owned Eskom, the bank said. The delay comes as South Africa heads for a record year of disruptive power outages because the utility is unable to meet demand.

Increased infrastructure investment underpins plans unveiled by President Cyril Ramaphosa in October 2020 to boost the country’s economic growth rate, after the biggest contraction in a century that year.


Investment as a percentage of South Africa’s gross domestic product has been in decline since 2016 and was projected to hit a record low of 12.2% last year, according to International Monetary Fund data published in February.

Other SIPs have been put on hold due to funding gaps, according to the bank. Similarly, a 4 billion-rand initiative for The South African National Space Agency to develop a Space Infrastructure Hub has made no progress, it said.


Comments

Post a Comment