47% of jobs are destined to disappear because of digital disruption...but not all organisations will be impacted in the same way.
Some are safe and some are threatened.
Explore 400 business categories across 19 industries. Find out which industries are challenged and see how you can make better study and work choices for the future.
For $30 per annum, plus GST, students and parents can work out how to fit into the changing work environment of the 21st century.
The future of work and jobs is a huge issue across the world. Predictions are that 47% of “old world” jobs will disappear. And there won’t be enough “new world” jobs to replace them.
Everybody needs to plan for this new reality. And a good place to start is by understanding why this change is happening to the work environment.
Robotics, machine learning, artificial intelligence, holochain, 3D printing, augmented reality, virtual reality and BIM amongst many other technologies are changing the nature of work. Some technologies bring opportunities and some threats, but the overall result is net job loss. So students, parents, teachers and employers need to start thinking about study and work options differently.
1989 - 91%
2014 - 68%
2018 - 73%
Over 50% of jobs
will be impacted
the Gig economy
Shift from high wage jobs to mostly lower wage jobs
VET, smart trades, Productive industry, Green industry
Find a job, retrain for a job, create a job, startup a business
Only a few are ready
for the 21st century.
Right skills v wrong skills
Australia 17th of 141 countries
Young with low skills
Older with old skills
47% of jobs at risk
5% early adopters
15% fast followers
Construction is the industry with the largest number of businesses in Australia and is also a large employer. Health and Social Services is the largest employing sector, followed by Retail, Construction, Professional Services and Education.
Artificial intelligence, machine learning and robotics are the biggest challenge to future employment, with potential impacts on jobs in nearly three quarters of all business categories.
It is still early days, and the real impacts will not be seen for many years. But it is best to be prepared.
Signup to the ED Toolbox and find answers to…
“What is causing this disruption?”
“Where it is going to hit worst?”
“Which sectors and categories are safe?”
“What new jobs will be created?”
“What skills, subjects and attitudes will help manage the disruption best?”
“What is the future of work and jobs?”
The ED Toolbox answers these questions, with explanations of the disruptive technologies and their impact on 400 business categories across 19 industry sectors.
Creative industries and Sport – low threat, but low reward. The gambling lobby is strong.
93% of farms - “mum and dad” farmers. Farm labour a challenge. Technology an opportunity.
Brick and wood homes – renovation + innovation with solar, smart homes, homes offices.
Demand for lifelong learning, new skills – curriculum has to adapt to 21st century demands.
Opportunity in waste management, water, renewables, land and mine reclamation.
Opportunity in “energy” minerals and rare earths, and export of mining technology.
Market growth - ageing population, NDIS. Requires new skills. Patient centric shift in healthcare.
Government a significant employer. Jobs protected by political expediency.
Low wage, low reward jobs. Gig economy. Service quality increasingly important.
Mostly low wage jobs. Auto and appliance repair challenged by software and circular economy
Automation slow. Issues of legislation, insurance and existing infrastructure. 60% owner drivers.
Challenges of robotics, automation, 3D printing. New business models, value adding, marketing.
Technology has impacted all media and telecommunications. Now facing new challenges from AI.
All traditional “agents” threatened by software. Artificial intelligence takes threat to a new level.
Professionals that originate solutions are safe. Professionals that process are threatened by AI.
Retailers selling “anything in a box” = threat. Fresh, local, convenience and specialised = safe.
Valuable personal service provides protection. Employment, clerical, labour hire under threat.
Robotics is pushing the wholesale sector towards bigger, closer, cheaper and faster operations.
Finance and insurance brokers are threatened by AI. The whole sector has to rebuild trust.
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