Automation could destroy millions of jobs in Australia

Automation could destroy millions of jobs in Australia

Up to 46 per cent of industries in Australia will be affected by automation, a new report reveals. Photo: Getty

Millions of jobs could be lost in the next decade as a result of automated technologies, such as machine learning and robotics, a new report warns.

A report by consultancy firm McKinsey Australia released on Monday, revealed an estimated 3.5 million to 6.5 million full-time jobs would be lost to automation by 2030.“Without increased employment-transition support, increased job churn could see Australia’s unemployment rate temporarily spike by up to 2.5 per cent during the peak of the transition,” the […]

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