Mechanical boon: will automation advance Australia?
نویسندگان
چکیده
Thousands of jobs have been automated over the past few decades thanks the increasing capability of technology, and there is considerable debate on which workers are most at risk of being displaced by automation. In this paper we estimate that 44 per cent of Australian jobs are highly susceptible to automation. We find that automation susceptibility has in fact fallen over time as jobs that are more automatable are replaced by machines. The majority of this change, 81 per cent, was due to individual industries modernising their workforces. We conclude by noting that the same factors that lead to an occupation or industry’s decline present opportunities for other industries, firms and workers to flourish. Structural change in the economy has freed up resources that were previously required to undertake mundane, routine and often manual tasks, and allowed them to be employed in high value, high skilled and high paid roles. JEL Codes: E24, J24, J31, J62, J64, O33
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