Can Any Federal Budget Fix This? – ConspiracyOz

‘Devastating’: Robots to take 6.5 million jobs

Patrick Durkin
https://www.afr.com

Apr 1, 2019

Daniel Petre says the transition to an AI could be devastating. Peter Braig
Microsoft Australia managing director Steven Worrall and Telstra executive Michael Ebeid warn that business,
governments and workers are woefully unprepared for robots to displace up to 6.5 million jobs.

The pair join tech heavyweights such as Atlassian’s Mike Cannon-Brookes and venture capitalist Daniel Petre who warn “we need to act now”, ahead of a major conference kicking off on Monday to urge action.

“If we do not get this transition right it will be devastating to the standard of living for many Australians,” Mr Petre told The Australian Financial Review.

The co-founder of AirTree Ventures and friend to Bill Gates worked with others including Catherine Livingstone on a landmark McKinsey report released this month. It warns that up to 46 per cent of existing work activities could be automated in Australia by 2030, displacing between 3.5 million and 6.5 million full-time jobs.

Microsoft’s latest research to be released on Monday supports findings that business and workers are more at risk because we lag other nations – 46 per cent are yet to implement any AI.

Microsoft Australia managing director Steven Worrall sees cause for concern. Phil Carrick

“The lack of urgency in implementing training plans to help people acquire the necessary skills to succeed in an AI-enabled world creates some cause for concern,” Microsoft’s Mr Worrall said.

The tech giant found a lack of skills and resources as well as a failure in leadership, were the key barriers to acting.

Their global survey and interviews with 1,600 business leaders and 1,500 workers found 30 per cent of workers don’t believe AI will have any impact on their jobs, compared to 11 per cent of business leaders.

“I don’t think the community have yet hit a tipping point where they have seen enough examples to really understand what we are talking about,” said Mr Worrall, who argues AI doesn’t mean whole jobs will necessarily be wiped out.

“If I’m a research scientist working for Northern Territory Fisheries, I am now using AI to speed up my job, so that instead of spending hours looking at video footage, AI technology delivers outcomes to me.”

“Or I work at Downer and manage the train network so instead of having my team spending hours analysing reports, I have an AI system with 30,000 inputs every ten minutes to help me make better decisions about maintenance cycles,” he said.

Telstra flagged similar concerns in their recent research which found one-third of Australian organisations have barely begun their digital transformation journey, well behind global peers.

Telstra Executive Michael Ebeid says Australia is lagging other countries. James Brickwood

“Australian companies are lagging global businesses in transforming and we need to really get Australian companies to start thinking about the future, otherwise we will find many companies will be left behind,” Telstra head of Enterprise Michael Ebeid said.

The McKinsey report warns that the retail industry will be the worst hit but also predicts a net gain in jobs by 2030.

Government, administrative support, transport and warehousing are also among those sectors expected to be worst off.

Co-author of the McKinsey report Seckin Ungur said the worst response is to think “the robots are coming and stick our heads in the sand”.

“The debate seems to be the robots are coming and they are going to take our jobs, this is a bad thing ‘how do we slow it down?’ but it is inevitable. If you slow it down you are only slowing down your ability to adapt and be more competitive to get those new jobs,” she said.

“Workers still think as automation as something that won’t happen to me, as something which hit factory workers but they don’t realise this new wave of automation is hitting all sectors and levels in almost every job, including white collar workers like accountants and legal clerks.”

Ms Ungur is moderating a panel on the topic with CEDA CEO Melinda Cilento and Deakin vice-chancellor Jane den Hollander at the Creative Innovation conference in Melbourne from Monday which also features David Gonski, Alan Finkel and Lord Adair Turner.

Posted on April 3, 2019, in ConspiracyOz Posts. Bookmark the permalink. 1 Comment.

  1. And can they {Gov) fix this too while they are AT IT! – Mick Raven

    CEDA – More than five million Aussie jobs gone in 10 to 15 years
    https://www.ceda.com.au/News-and-analysis/Media-releases/More-than-five-million-Aussie-jobs-gone-in-10-to-15-years

    Telstra racks up 3200 job losses
    https://www.itnews.com.au/news/telstra-racks-up-3200-job-losses-519307

    Woolworths to shut 30 of its Big W stores amid retail gloom – ABC News (Australian Broadcasting Corporation)
    https://www.abc.net.au/news/2019-04-01/woolworths-to-shut-30-of-big-its-w-stores-over-next-three-years/10958700

    Ford cuts 200 Australian engineering and design jobs
    https://www.afr.com/business/manufacturing/ford-cuts-200-australian-engineering-and-design-jobs-20190125-h1ah43

    SAP to cut 4400 jobs worldwide, including Australia
    https://www.itwire.com/enterprise-solutions/85884-sap-to-cut-4400-jobs-worldwide,-including-australia.html

    EA’s Australian Studio Hit By Massive Layoffs | Kotaku Australia
    https://www.kotaku.com.au/2019/02/eas-australian-studio-hit-by-massive-layoffs/

    BuzzFeed Australia hit by global job cuts – AdNews
    http://www.adnews.com.au/news/buzzfeed-australia-hit-by-global-job-cuts

    Warnings of further housing plunge and job losses in Australia
    https://www.wsws.org/en/articles/2019/03/04/aust-m04.html

    ‘A very difficult moment’: Vice Australia to cut local staff
    https://www.smh.com.au/business/companies/a-very-difficult-moment-vice-australia-to-cut-local-staff-20190204-p50vjm.html

    Noni B to cut staff as those who remain complain they are overworked
    https://www.msn.com/en-au/money/company-news/noni-b-to-cut-staff-as-those-who-remain-complain-they-are-overworked/ar-BBVq7qI?li=AAgfOd8&ocid=mailsignout

    Australia 2019. What to expect. Recession? – LF Economics
    https://www.lfeconomics.com/analysis/australia-2019-expect-recession/

    Finance, construction, real estate and retail jobs most likely to be hit in 2019 as house prices fall – ABC News
    https://www.abc.net.au/news/2019-01-22/the-jobs-most-likely-to-take-a-hit-in-2019-as-house-prices-fall/10736286

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