All Things Digital

Thursday 31, March 2016

Will Robots Pave The Way To Unemployment?

Man vs. Robot... Source 

 

CSRIO has recently released a hundred and twelve-page report on the future of jobs in Australia. The report titled, ‘Tomorrows Digitally Enabled Workforce’ gives insight into the future of what employment markets will look like over the next twenty years.

CSRIO’s theory forecasts that almost 40% of existing jobs will disappear due to future technological advancements. However, Generation Z (born 1995-2009) is expected to drive growth in entrepreneurial sectors, with 60-70 per cent of GenZer's already rearing to start their own business.

 

WHY IS THE WORKPLACE CHANGING?

 

It is predicted that over the next twenty years Australia’s workforce will become more dependent on automated systems and artificial intelligence. This means that there is a high probability that we will begin to experience robotic devices outperforming human tasks with greater efficacy and speed. 

 

There are six megatrends that CSRIO has identified for 2035 and beyond...

 

ROBOTS: As the growth in technological capabilities intensifies, supply chains will become more dependent on robotics.  

FREELANCE: Will become a larger employment model. 

ENTREPRENEUR: It will be the era of the entrepreneur and there will be an influx of job seekers - meaning individuals will need to curate their own jobs.

AGEING POPULATION/DISEASE: Nearly one in five Australians are expected to be over 65 years old in 2035. The propensity of chronic diseases will continue to rise, and the current nearly two thirds of Australian employees who are overweight or obese is expected to increase to 70 per cent by 2025.

THE BAR: Entry level positions may be harder to obtain as companies will require higher levels of skill sets. 

SERVICE: The service industry will grow, particularly in industries such as education and healthcare. 

 

Here are the Four Scenarios that that could develop in Australia’s Workforce by 2035

 

 

HOW CAN WE PREPARE?

 

Its going to be pretty important for educators to make STEM subjects attractive to current and future students as science, technology, engineering and mathematics (STEM) knowledge is now associated with 75 per cent of our fastest growing occupations and innovations. 

Minister for Employment, Michaela Cash who launched the report, said it was time to "embrace the change.” 

“We can either be dumped off our surfboards into the sea by future waves of innovation, or we can aim to catch the crest of each wave and surf it into an exciting and prosperous future.”

In addition the report encourages people to focus on training for skills that are unlikely to be replicated by computers and automation. Workers will need to pump up their technological and people skills in order to be of best value in the workplace.

OnQue feels that preparation may be the key tool when welcoming the forthcoming wave of innovation, and we are 100% here to help with all things digital.

Drop us at line or come visit us at our floating office!

 

 

 

 

 

 

 

 

 

Will Robots Pave The Way To Unemployment?


CSRIO has recently released a hundred and twelve-page report on the future of jobs in Australia, giving us insight into what future employment markets will look like over the next twenty years.