The future of work will either be cataclysmic or exciting. The robots could take all our jobs, or maybe there is an exciting future ahead for those of us who are willing to upskill. That is the ambiguous conclusion of the speakers at the Future Work Summit this week in Melbourne.
Either way, the impact is profound. The World Economic Forum has described the era we have now entered as the Fourth Industrial Revolution which, “….is characterized by a range of new technologies that are fusing the physical, digital and biological worlds, impacting all disciplines, economies and industries….” However, Klaus Schwab, Founder and Executive Chairman of the World Economic Forum has grave concerns: “that organizations might be unable to adapt; governments could fail to employ and regulate new technologies to capture their benefits; shifting power will create important new security concerns; inequality may grow; and societies fragment.”
How is Australian industry placed to address the strategic challenges of this new era?… Read more