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Automation won't destroy jobs, but it will change them

Stefan Hajkowicz writes in The Conversation (29.2.16) about the changes expected in the labour market and the nature of jobs with increasing automation.

'The last few years have seen numerous studies pointing to a bleak future with technology-induced unemployment on the rise. For example, a pivotal 2013 study by researchers at the University of Oxford found that of 702 unique job types in the United States economy, around 47% were at high risk of computerisation.

'This was backed up by similar findings in Australia suggesting 44% of occupations – representing more than five million jobs – were at risk over the coming 10 to 15 years.

'Is the situation really so dire? Are we heading towards mass unemployment as computers and robots do all the work? The short answer is no.'

 

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