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, 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 … […]
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