EXTRACT from an artcile by Paul Karp
Economist says worries about mass unemployment are misplaced and workers are more concerned about technology than they should be.
Robots will not steal workers’ jobs nor suppress pay, but fear of automation may be contributing to stagnant wages, according to Deloitte Access Economics.
At the National Press Club on Wednesday [12 June 2019], Deloitte partner Chris Richardson will argue that improving technology is shifting the mix of skills in demand with employers but fears of mass unemployment are “entirely misplaced”.
In the speech, seen by Guardian Australia, Richardson says despite technological change accelerating for decades, unemployment is “close to record lows around the world” – including the US, UK and Australia.
“So if you feared that new technologies would lead to mass unemployment … it just isn’t happening.
“New technologies are improving what workers do rather than replacing those workers overall.”
Richardson compares fears that robots will “steal” jobs with fears that migrants would do the same – or married women – in times past.
“But new technologies create as many jobs as they kill,” he says. “It’s just that the ones they kill are obvious, while the ones they create are hiding in plain sight.”
SOURCE: Karp, Paul. “Robots Won’t Steal Your Jobs, But That Fear May be Contributing to Stagnant Wages, Deloitte says.” The Guardian, 12 June 2019
Knowledge workers and ‘skills of the heart’ the jobs of the future, says report RN Breakfast presented by Fran Kelly,Wednesday 12 June 2019 6:50AM
Guest: Chris Richardson, partner, Deloitte Access Economics
… a new report by Deloitte Access Economics is seeking to allay those fears by looking at the skills needed for the jobs of the future. It finds six out of every seven jobs created over the next 10 years will be for knowledge workers, and identifies what it calls “skills of the heart” as a key growth area.
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