PUBLIC TALK: Technology and the Future of Work: an international perspective in the shadow of the competition for talent
|Technology and the Future of Work: an international perspective in the shadow of the competition for talent
A public lecture by Gordon L Clark, Professorial Fellow, University of Oxford; Sir Louis Matheson Distinguished Visiting Professor, Department of Banking and Finance, Monash University and 2019 UWA Institute of Advanced Studies Visiting Fellow.
It is widely believed that technology – automation, AI, and the Internet of things and people – will make many people redundant and transform labour markets around the world. It is also believed that machines will replace people, and the future is now.
In this lecture, Professor Clark offers a rather different perspective, grounded in multi-year, international study at Oxford University on workers’ concerns for the future and the challenges facing employers competing for talent in an increasingly crowded marketplace. He identifies commonalities and differences on these issues around the world.
His view about “technology and the future of work” is cautiously optimistic arguing that there may well be a significant premium for talented individuals willing and able to adapt to changing conditions. As well, he suggests that employers already face significant challenges in holding key personnel and that these challenges are likely to grow rather than be ameliorated by technological change over the coming couple of decades.
Being cautiously optimistic about the future is not the same as seeing the world in ‘rose-tinted glasses’! He reports on recent research regarding workers’ fears about the future, their willingness to retrain, and their likely flexibility in the face of getting older, maintaining family and community relationships, and generally living a good life.
He draws implications for the roles and responsibilities of individuals, communities, employers, and governments given the threat of increasing inequality in labour markets – local, regional, and global. And he also emphasises that technological change can work hand-in-hand with population-ageing to redistribute the benefits of economic prosperity.
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