While world domination by robots is a little far-fetched, industry domination may not be, with researchers finding that nearly 50 percent of jobs are at risk in the next 20 years.
Mark McCrindle joins Sarah and Larry on Channel 7's Morning Show to discuss these US research findings and their application to the Australian market.
The trend over the last several decades towards automation is growing, Mark discusses, with manufacturing becoming automated – which was one of Australia's biggest employment counts. In the same way, retail positions are declining as customers move towards doing their own checkout duties, researching products online without the need for showroom assistants, and buying products directly from the warehouses online thus replacing thousands of jobs in store.
The challenge businesses face are high staffing costs, which continue to increase, as well as low productivity. These trends are pushing business leaders in the direction of getting more done from fewer people, with technology helping to achieve this goal.
Jobs that are most at risk are those that can be automated. Procedural, repetitive, transactional roles are being lost, while creative, social, and entrepreneurial jobs are future-proofed. The human abilities of adaptability, collaboration, innovation, and communicative will continue to be in high demand.
To future-proof their careers, individuals should gain people skills, not just technical skills, with training and ongoing education essential. Observing changes globally, not just locally, is key.
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