In the industrial era the world of work, and the way society functions more
generally, has been shaped and reshaped by technological innovation. With the
advent of the digital age, the pace of change and the scope and capacity for
innovation have increased exponentially.
This paper reviews the future implications of emerging technology for the
labour force. In particular, it looks at how the “computerisation”
of work is likely to impact the labour market more broadly. Computerisation
creates opportunities, such as greater workplace flexibility and productivity
gains; there are also a number of potential risks, including increased
unemployment and rising income inequality.
Focusing on NSW, this paper applies existing research to State electorates in
order to determine which workforces in which areas of NSW are most, and least,
likely to be affected by computerisation. Key findings include the following:
· Approximately two out of five (40.9%) NSW jobs are in the highest risk
category (>70%) for the probability of computerisation over the next 10 to
15 years;
· Several major employment groups, notably labourers, and machinery operators
and drivers, have very high probabilities of computerisation; and
· NSW electorates with greater numbers of low and middle skilled workers have
greater exposure to job computerisation.
At both the State and Commonwealth level there have been a number of policy
initiatives aimed at helping the Australian workforce adapt to changing
technology, including increased science, technology, engineering and
mathematics (STEM) education. Other national and international initiatives
include “Flexicurity” and Active Labour Market Policies, along with
increased support for startup companies.