Job market bleak, Labour conference told

Attendees at the Labour Party's Future of Work conference have been told job losses in the service industry are imminent, as digital technology takes hold.

Robots will replace baristas in cafes as part of a coming wave of job losses in service industries that will occur "at an unprecedented rate," Swedish technologist and academic, Goran Roos, says

He told the New Zealand Labour Party's Future of Work conference that jobs in service industries would start to disappear in the same way as they did in agriculture in the 19th and 20th centuries and in manufacturing in the last 30 years.

"All this hoo-ha about having a service economy is going to come back and haunt those economies very much," Roos said,

While services industries had been slower to improve their productivity than manufacturing, averaging improvements of just 0.3 per cent a year, that was all about the change, said Roos.

Service sector productivity would soon be growing at around seven to 10 per cent a year, he said.

"Jobs will disappear at an unprecedented rate," he said, scything through back office jobs in areas like legal and accounting services. One example was the ability of a computer to scan thousands of pages of legal documents within minutes when the same job would take a team of paralegal workers weeks or months to perform.

Even the makers of the morning coffee would not be safe, he said, citing developments now underway in the US to automate coffee-making.

"Robots will see you arrive, make your favourite coffee and deliver it to your desk, and pay for itself in nine months."

But if the outlook for baristas is automated, the outlook for barristers will improve, Roos suggested, as people with very specialised skills would keep their jobs and probably earn more.

All the same, there was a broad consensus among future casters that by the year 2032, computerised systems would be better than people at doing most things, leaving people with hobbies rather than jobs.


Share

2 min read

Published

Source: AAP



Share this with family and friends


Get SBS News daily and direct to your Inbox

Sign up now for the latest news from Australia and around the world direct to your inbox.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Download our apps
SBS News
SBS Audio
SBS On Demand

Listen to our podcasts
An overview of the day's top stories from SBS News
Interviews and feature reports from SBS News
Your daily ten minute finance and business news wrap with SBS Finance Editor Ricardo Gonçalves.
A daily five minute news wrap for English learners and people with disability
Get the latest with our News podcasts on your favourite podcast apps.

Watch on SBS
SBS World News

SBS World News

Take a global view with Australia's most comprehensive world news service
Watch the latest news videos from Australia and across the world