Original article by Simon Benson
The Australian – Page: 1 & 2 : 10-Dec-24
The Social Policy Group has forecast that artificial intelligence will result in ‘tectonic’ structural changes to the Australian economy and the nation’s workforce. The SPG’s report warns that these changes will be greater than any previous technical revolution. The report’s modelling suggests that in a worst-case scenario, up to 33 per cent of jobs in Australia could be impacted by AI by 2030 if there is no policy or regulatory intervention by government. The SPG has also expressed concern that Australia will fall behind other OECD economies due to the nation’s reliance on exporting raw materials and its dearth of high-value industries.
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