Navigating Job Displacement in the Age of AI: Essential Strategies for Australians
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Navigating Job Displacement in the Age of AI: Essential Strategies for Australians

CAREER DEVELOPMENT
ai
career
jobdisplacement
learning
gigeconomy
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Summary:

  • 33% of the workforce could face unemployment due to AI by 2030.

  • Continuous learning in areas like data analysis and cybersecurity is crucial.

  • Focus on human skills that AI cannot replicate, such as emotional intelligence.

  • Explore growing industries like healthcare and renewable energy for new career paths.

  • The gig economy is thriving, but consider the risks of AI displacement before freelancing.

The rapid uptake of artificial intelligence is reshaping workplaces, automating workloads, and threatening job security for many Australians. Experts suggest several steps to take if you find yourself displaced by AI.

The Impact of AI on Employment

Analysis from the Social Policy Group (SPG) indicates that if Australia continues its current pace of AI adoption, 33% of the workforce could face unemployment by 2030. Joseph Ciarrochi, a professor at the Australian Catholic University, notes that while job displacement is concerning, it can also present an opportunity for growth and reinvention.

Don’t Stop Learning

Whether it’s fast-food drive-thrus turning to AI or architects seeing their designs mimicked, automation poses a significant threat to existing roles. With the World Economic Forum predicting that 22% of global roles will change by 2030, continuous learning is vital. Niusha Shafiabady emphasizes the importance of ongoing education to adapt to the evolving job market. Platforms like Coursera, Udacity, and LinkedIn Learning offer valuable resources to help you stay ahead. Key areas to upskill include data analysis, cybersecurity, AI, and digital marketing.

Keep learning, says Niusha Shafiabady. Photo: YouTube

Adopt AI, but Focus on Human Skills

As AI takes over complex tasks, even high-skill industries will feel the impact. While AI is transforming roles, human expertise remains essential. Angel Zhong from RMIT emphasizes the need for professionals to focus on skills that AI cannot easily replicate, such as emotional intelligence and strategic thinking.

Explore the Right Career Paths

Displacement can lead to an opportunity to explore new career paths. Industries such as healthcare, renewable energy, and e-commerce are experiencing significant growth. The SPG predicts that entry-level jobs in data entry and retail will be the first affected.

Simple repetitive jobs will be the first to be displaced. Photo: Shutterstock

Utilise the Gig Economy

As of August 2024, there are 1.1 million independent contractors in Australia, reflecting a thriving gig economy. Digital platforms like Upwork, Fiverr, and Freelancer provide avenues for finding clients. However, potential freelancers should consider the risk of AI displacement in their chosen field. Networking is also crucial for discovering new opportunities.

Ciarrochi stresses that resilience is key in navigating these changes. Maintaining a positive mindset and seeking support from friends, family, and professional networks can help mitigate the stress of job displacement.

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