Good news: another crisis declared by Labour, and the reason they created Robbo’s “Future of Work Commission”, is not as bad as first thought.
Worried about being replaced by a robot? According to some recent forecasts many workers should be. There are gloomy predictions that even high-wage, knowledge jobs in finance, law and medicine won’t be spared amid the relentless rise of smart machines.
A striking 2013 study by Oxford University academics Carl Frey and Michael Osborne said 47 per cent of all employment in America is “at risk” of being replaced by computers and algorithms in the next 10 to 20 years. Earlier this year a CSIRO report put the proportion of Australian jobs vulnerable to automation at a worrying 44 per cent.
But now there’s some good news – a forensic study for the Organisation for Economic Cooperation and Development suggests the angst about job-killing robots may be overstated.