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ARTICLE · 07 JULY 2016

Back To The Future: The Digital Disruption Debate

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While perhaps raising more questions than it answers, the Productivity Commission focuses on the potential of digital technologies to deliver economic benefits if regulated appropriately.

AustraliaEmployment and HR
Michael Tamvakologos
Michael Tamvakologos
Amanda Cavanough
Amanda Cavanough
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Video killed the radio star...or did it?

In its most recent research paper analysing the effects and possible responses to digital disruption, the Productivity Commission observes that with each wave of change "speculation about the effects of technologies often suffers from extreme optimism or pessimism".

While perhaps raising more questions than it answers, the Productivity Commission focuses on the potential of digital technologies to deliver economic benefits if regulated appropriately.

Automation

It has been predicted that over the next 10 to 15 years, up to 40% of jobs in Australia will be put at risk because of automation. However, the outlook probably isn't so grim, when you consider that:

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