Managing AI Agents and the Underground Economy in South Africa
Exploring who oversees AI and virtual assistants, the impact of South Africa's R1 trillion underground economy, and how procurement professionals drive change.
Key Points:
-
AI and Virtual Assistants: While artificial intelligence and virtual assistants are designed to simplify lives, the question of who manages these bots remains critical. Experts like Arthur Goldstuck, CEO of World Wide Worx, highlight the need for oversight in this rapidly evolving field.
-
South Africa's Underground Economy: GG Alcock, founder of Kasinomics, discusses the staggering R1 trillion underground economy in South Africa, emphasizing why the country cannot afford to ignore its impact on the formal economy.
-
Procurement and Supply Chain Leadership: Craig O’Flaherty, Head of CIPS for business at The Chartered Institute of Procurement and Supply, sheds light on how professionals in this sector are connecting, collaborating, and driving meaningful change.
Additional Resources:
The discussion underscores the intersection of technology, economy, and professional collaboration in addressing contemporary challenges.
Related News
Dataminr Launches Agentic AI Intel Agents for Real-Time Physical World Events
Dataminr expands its Intel Agents to provide real-time AI-powered event context across emergency response, defense, cybersecurity, and corporate security sectors.
Travel Agents Divided Over AI Impact Survey Shows
A recent survey reveals 44% of travel agents fear AI could replace jobs, while others see it as a tool for efficiency and personalization.
About the Author

Dr. Sarah Chen
AI Research Expert
A seasoned AI expert with 15 years of research experience, formerly worked at Stanford AI Lab for 8 years, specializing in machine learning and natural language processing. Currently serves as technical advisor for multiple AI companies and regularly contributes AI technology analysis articles to authoritative media like MIT Technology Review.