Frost & Sullivan
The increasing adoption of AI technology among Australian businesses is expected to disrupt the country’s labor market across industries such as agriculture, automotive, banking/finance, education, healthcare, ICT, and legal services. “AI technology is disrupting and shifting the global labor ecosystem in terms of job shift, skills shift and work engagement trends. We predict more than 40% high-routine and low-skilled tasks to be automated by 2025-2030,” said Mr. Vijay R Rao, Research Director Mobility, Asia-Pacific, Frost & Sullivan. Furthermore, it is likely for hybrid work environment to emerge, where machines handle tedious tasks and leave high-skill functions for humans.
Share on Facebook