White collar robots are way of the future
Jobs won't be in short supply in the future but thanks to robots, fewer people will be needed to fill them.
Last week Reserve Bank of Australia governor Glenn Stevens ventured into unusual territory when he spoke to the annual dinner of Australian Business Economists.
His speech, entitled The Long Run, saw the governor bring out a larger than normal crystal ball to focus his forecasting skills on the longer-term outlook. That was interesting in itself, but perhaps more significant is the fact that our Reserve Bank governor harbours a rather different view about the effect of digital disruption in the all important labour markets.
Read the full article in the Australian Financial Review here (subscription required)