SlideShare a Scribd company logo
big cool statistic
90%
HOW MANY JOBS?
speed, pace, place1
$800 billion
116,000 employees
$236 billion
2.2 million employees
47% of workers in the US
have jobs at high risk of potential
automation (Oxford Martin School
study, 2013)
a third of tasks in 60% of occupations
could be fully automated using today's
technology (McKinsey Global Institute, 2017)
80 million US and 15 million UK
jobs might be lost to automation (Bank
of England, 2016)
Sources: The Economist (2016), US population survey, Federal
Reserve Bank of St. Louis
US employment, by type of work
Source: Bloomberg using Bureau of Labor Statistics;
employment data are averages for first four months of 2017;
losses are from comparison to the same period in 2016
JOB LOSSES (US, 2017)
only 0.5% of US workers are employed
in industries that have emerged since 2000
(Oxford Martin School study, 2015)
(RE) SKILLING?
WHOSE AI?
investment, share of the pie,
principles, transparency
2
Source: Bloomberg
WORLD TOP 5 BY MARKET CAP
passes Wells Fargo
to become 10th
biggest company
April 5, 2017
US federal government $67 billion on all non-military research (2016)
$1.1 billion on unclassified A.I. research
Alphabet, Amazon, Apple, Facebook and Microsoft $60 billion
in research and development (NYT 2017, earnings reports)
How do you take accountability
for AI that learns in the
unsupervised world?
How biased is the algorithm?
IMAGINE
radically different futures3
2005
…driverless cars can’t
execute a left turn against
oncoming traffic because
too many factors are
involved…
TWO PROMINENT
U.S. ECONOMISTS
2011
THE DOCTOR WILL SEE YOU NOW
MEETMIKE
Mike Seymour
https://au.linkedin.com/in/sandraapeter
https://flipboard.com/@SandraPeter
@sandraapeter

More Related Content

Similar to Sydney Policy Lab launch Automation and AI

Nereta Job Creation Summit - June 2017 entrepreneurial growth reality check
Nereta Job Creation Summit - June 2017 entrepreneurial growth reality checkNereta Job Creation Summit - June 2017 entrepreneurial growth reality check
Nereta Job Creation Summit - June 2017 entrepreneurial growth reality check
Colleen LaRose
 
AI INDEX 2018 ANNUAL REPORT
AI INDEX 2018 ANNUAL REPORTAI INDEX 2018 ANNUAL REPORT
AI INDEX 2018 ANNUAL REPORT
Peerasak C.
 
Future of Work 2018 _ Closing Keynote
Future of Work 2018 _ Closing KeynoteFuture of Work 2018 _ Closing Keynote
Future of Work 2018 _ Closing Keynote
Kristin Wolff
 
Urban Professionals Shopping Behaviour Report (US and UK)
Urban Professionals Shopping Behaviour Report (US and UK)Urban Professionals Shopping Behaviour Report (US and UK)
Urban Professionals Shopping Behaviour Report (US and UK)
Erika Lee
 
Data Scientist: The Sexiest Job in the 21st Century
Data Scientist: The Sexiest Job in the 21st CenturyData Scientist: The Sexiest Job in the 21st Century
Data Scientist: The Sexiest Job in the 21st Century
Lyn Fenex
 
20201209 jim spohrer platform economy v3
20201209 jim spohrer platform economy v320201209 jim spohrer platform economy v3
20201209 jim spohrer platform economy v3
ISSIP
 
Level 1 Individual EcologyWe will measure 3 characteristics o.docx
Level 1 Individual EcologyWe will measure 3 characteristics o.docxLevel 1 Individual EcologyWe will measure 3 characteristics o.docx
Level 1 Individual EcologyWe will measure 3 characteristics o.docx
smile790243
 
Contemporary Issues in Public Administration
Contemporary Issues in Public AdministrationContemporary Issues in Public Administration
Contemporary Issues in Public Administration
Jake Birtwhistle
 
NETwork Effects - 2017 ASU GSV Summit Opening Keynote by Michael Moe
NETwork Effects - 2017 ASU GSV Summit Opening Keynote by Michael MoeNETwork Effects - 2017 ASU GSV Summit Opening Keynote by Michael Moe
NETwork Effects - 2017 ASU GSV Summit Opening Keynote by Michael Moe
Global Silicon Valley
 
6 bhushan kapoor
6 bhushan kapoor6 bhushan kapoor
6 bhushan kapoor
almaamari1990
 
STEM and the American Workforce
STEM and the American WorkforceSTEM and the American Workforce
STEM and the American Workforce
Salma Bahramy
 
Work Trends 2019
Work Trends 2019Work Trends 2019
Work Trends 2019
acadianventures
 
STEM & the American Workforce
STEM & the American WorkforceSTEM & the American Workforce
STEM & the American Workforce
Salma Bahramy
 
The Impact of Automation & AI in the Workplace
The Impact of Automation & AI in the WorkplaceThe Impact of Automation & AI in the Workplace
The Impact of Automation & AI in the Workplace
Collabor8now Ltd
 
Automation and the Connecticut Job market - Bird's Eye View
Automation and the Connecticut Job market - Bird's Eye ViewAutomation and the Connecticut Job market - Bird's Eye View
Automation and the Connecticut Job market - Bird's Eye View
Joseph Smialowski
 
Tom Hopcroft: State of the Tech Economy Key Findings
Tom Hopcroft: State of the Tech Economy Key FindingsTom Hopcroft: State of the Tech Economy Key Findings
Tom Hopcroft: State of the Tech Economy Key Findings
MassTLC
 
The gig economy the economic backbone of the future by brodmin.com
The gig economy the economic backbone of the future by brodmin.comThe gig economy the economic backbone of the future by brodmin.com
The gig economy the economic backbone of the future by brodmin.com
MohammadSaifulIslam45
 
Leadership Texas May 2010 V2
Leadership Texas May 2010 V2Leadership Texas May 2010 V2
Leadership Texas May 2010 V2Eddie Aldrete
 
RS Working on the Workforce Sept 2019 To Post
RS Working on the Workforce Sept 2019 To PostRS Working on the Workforce Sept 2019 To Post
RS Working on the Workforce Sept 2019 To Post
ARCResearch
 
Tech: nirvana or nightmare?
Tech: nirvana or nightmare?Tech: nirvana or nightmare?
Tech: nirvana or nightmare?
Jeremy Leggett
 

Similar to Sydney Policy Lab launch Automation and AI (20)

Nereta Job Creation Summit - June 2017 entrepreneurial growth reality check
Nereta Job Creation Summit - June 2017 entrepreneurial growth reality checkNereta Job Creation Summit - June 2017 entrepreneurial growth reality check
Nereta Job Creation Summit - June 2017 entrepreneurial growth reality check
 
AI INDEX 2018 ANNUAL REPORT
AI INDEX 2018 ANNUAL REPORTAI INDEX 2018 ANNUAL REPORT
AI INDEX 2018 ANNUAL REPORT
 
Future of Work 2018 _ Closing Keynote
Future of Work 2018 _ Closing KeynoteFuture of Work 2018 _ Closing Keynote
Future of Work 2018 _ Closing Keynote
 
Urban Professionals Shopping Behaviour Report (US and UK)
Urban Professionals Shopping Behaviour Report (US and UK)Urban Professionals Shopping Behaviour Report (US and UK)
Urban Professionals Shopping Behaviour Report (US and UK)
 
Data Scientist: The Sexiest Job in the 21st Century
Data Scientist: The Sexiest Job in the 21st CenturyData Scientist: The Sexiest Job in the 21st Century
Data Scientist: The Sexiest Job in the 21st Century
 
20201209 jim spohrer platform economy v3
20201209 jim spohrer platform economy v320201209 jim spohrer platform economy v3
20201209 jim spohrer platform economy v3
 
Level 1 Individual EcologyWe will measure 3 characteristics o.docx
Level 1 Individual EcologyWe will measure 3 characteristics o.docxLevel 1 Individual EcologyWe will measure 3 characteristics o.docx
Level 1 Individual EcologyWe will measure 3 characteristics o.docx
 
Contemporary Issues in Public Administration
Contemporary Issues in Public AdministrationContemporary Issues in Public Administration
Contemporary Issues in Public Administration
 
NETwork Effects - 2017 ASU GSV Summit Opening Keynote by Michael Moe
NETwork Effects - 2017 ASU GSV Summit Opening Keynote by Michael MoeNETwork Effects - 2017 ASU GSV Summit Opening Keynote by Michael Moe
NETwork Effects - 2017 ASU GSV Summit Opening Keynote by Michael Moe
 
6 bhushan kapoor
6 bhushan kapoor6 bhushan kapoor
6 bhushan kapoor
 
STEM and the American Workforce
STEM and the American WorkforceSTEM and the American Workforce
STEM and the American Workforce
 
Work Trends 2019
Work Trends 2019Work Trends 2019
Work Trends 2019
 
STEM & the American Workforce
STEM & the American WorkforceSTEM & the American Workforce
STEM & the American Workforce
 
The Impact of Automation & AI in the Workplace
The Impact of Automation & AI in the WorkplaceThe Impact of Automation & AI in the Workplace
The Impact of Automation & AI in the Workplace
 
Automation and the Connecticut Job market - Bird's Eye View
Automation and the Connecticut Job market - Bird's Eye ViewAutomation and the Connecticut Job market - Bird's Eye View
Automation and the Connecticut Job market - Bird's Eye View
 
Tom Hopcroft: State of the Tech Economy Key Findings
Tom Hopcroft: State of the Tech Economy Key FindingsTom Hopcroft: State of the Tech Economy Key Findings
Tom Hopcroft: State of the Tech Economy Key Findings
 
The gig economy the economic backbone of the future by brodmin.com
The gig economy the economic backbone of the future by brodmin.comThe gig economy the economic backbone of the future by brodmin.com
The gig economy the economic backbone of the future by brodmin.com
 
Leadership Texas May 2010 V2
Leadership Texas May 2010 V2Leadership Texas May 2010 V2
Leadership Texas May 2010 V2
 
RS Working on the Workforce Sept 2019 To Post
RS Working on the Workforce Sept 2019 To PostRS Working on the Workforce Sept 2019 To Post
RS Working on the Workforce Sept 2019 To Post
 
Tech: nirvana or nightmare?
Tech: nirvana or nightmare?Tech: nirvana or nightmare?
Tech: nirvana or nightmare?
 

Recently uploaded

ikea_woodgreen_petscharity_dog-alogue_digital.pdf
ikea_woodgreen_petscharity_dog-alogue_digital.pdfikea_woodgreen_petscharity_dog-alogue_digital.pdf
ikea_woodgreen_petscharity_dog-alogue_digital.pdf
agatadrynko
 
April 2024 Nostalgia Products Newsletter
April 2024 Nostalgia Products NewsletterApril 2024 Nostalgia Products Newsletter
April 2024 Nostalgia Products Newsletter
NathanBaughman3
 
Improving profitability for small business
Improving profitability for small businessImproving profitability for small business
Improving profitability for small business
Ben Wann
 
Putting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptxPutting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptx
Cynthia Clay
 
falcon-invoice-discounting-a-premier-platform-for-investors-in-india
falcon-invoice-discounting-a-premier-platform-for-investors-in-indiafalcon-invoice-discounting-a-premier-platform-for-investors-in-india
falcon-invoice-discounting-a-premier-platform-for-investors-in-india
Falcon Invoice Discounting
 
The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...
Adam Smith
 
Attending a job Interview for B1 and B2 Englsih learners
Attending a job Interview for B1 and B2 Englsih learnersAttending a job Interview for B1 and B2 Englsih learners
Attending a job Interview for B1 and B2 Englsih learners
Erika906060
 
Memorandum Of Association Constitution of Company.ppt
Memorandum Of Association Constitution of Company.pptMemorandum Of Association Constitution of Company.ppt
Memorandum Of Association Constitution of Company.ppt
seri bangash
 
Skye Residences | Extended Stay Residences Near Toronto Airport
Skye Residences | Extended Stay Residences Near Toronto AirportSkye Residences | Extended Stay Residences Near Toronto Airport
Skye Residences | Extended Stay Residences Near Toronto Airport
marketingjdass
 
Exploring Patterns of Connection with Social Dreaming
Exploring Patterns of Connection with Social DreamingExploring Patterns of Connection with Social Dreaming
Exploring Patterns of Connection with Social Dreaming
Nicola Wreford-Howard
 
The effects of customers service quality and online reviews on customer loyal...
The effects of customers service quality and online reviews on customer loyal...The effects of customers service quality and online reviews on customer loyal...
The effects of customers service quality and online reviews on customer loyal...
balatucanapplelovely
 
20240425_ TJ Communications Credentials_compressed.pdf
20240425_ TJ Communications Credentials_compressed.pdf20240425_ TJ Communications Credentials_compressed.pdf
20240425_ TJ Communications Credentials_compressed.pdf
tjcomstrang
 
Sustainability: Balancing the Environment, Equity & Economy
Sustainability: Balancing the Environment, Equity & EconomySustainability: Balancing the Environment, Equity & Economy
Sustainability: Balancing the Environment, Equity & Economy
Operational Excellence Consulting
 
Project File Report BBA 6th semester.pdf
Project File Report BBA 6th semester.pdfProject File Report BBA 6th semester.pdf
Project File Report BBA 6th semester.pdf
RajPriye
 
CADAVER AS OUR FIRST TEACHER anatomt in your.pptx
CADAVER AS OUR FIRST TEACHER anatomt in your.pptxCADAVER AS OUR FIRST TEACHER anatomt in your.pptx
CADAVER AS OUR FIRST TEACHER anatomt in your.pptx
fakeloginn69
 
Digital Transformation and IT Strategy Toolkit and Templates
Digital Transformation and IT Strategy Toolkit and TemplatesDigital Transformation and IT Strategy Toolkit and Templates
Digital Transformation and IT Strategy Toolkit and Templates
Aurelien Domont, MBA
 
The-McKinsey-7S-Framework. strategic management
The-McKinsey-7S-Framework. strategic managementThe-McKinsey-7S-Framework. strategic management
The-McKinsey-7S-Framework. strategic management
Bojamma2
 
The Parable of the Pipeline a book every new businessman or business student ...
The Parable of the Pipeline a book every new businessman or business student ...The Parable of the Pipeline a book every new businessman or business student ...
The Parable of the Pipeline a book every new businessman or business student ...
awaisafdar
 
VAT Registration Outlined In UAE: Benefits and Requirements
VAT Registration Outlined In UAE: Benefits and RequirementsVAT Registration Outlined In UAE: Benefits and Requirements
VAT Registration Outlined In UAE: Benefits and Requirements
uae taxgpt
 
Premium MEAN Stack Development Solutions for Modern Businesses
Premium MEAN Stack Development Solutions for Modern BusinessesPremium MEAN Stack Development Solutions for Modern Businesses
Premium MEAN Stack Development Solutions for Modern Businesses
SynapseIndia
 

Recently uploaded (20)

ikea_woodgreen_petscharity_dog-alogue_digital.pdf
ikea_woodgreen_petscharity_dog-alogue_digital.pdfikea_woodgreen_petscharity_dog-alogue_digital.pdf
ikea_woodgreen_petscharity_dog-alogue_digital.pdf
 
April 2024 Nostalgia Products Newsletter
April 2024 Nostalgia Products NewsletterApril 2024 Nostalgia Products Newsletter
April 2024 Nostalgia Products Newsletter
 
Improving profitability for small business
Improving profitability for small businessImproving profitability for small business
Improving profitability for small business
 
Putting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptxPutting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptx
 
falcon-invoice-discounting-a-premier-platform-for-investors-in-india
falcon-invoice-discounting-a-premier-platform-for-investors-in-indiafalcon-invoice-discounting-a-premier-platform-for-investors-in-india
falcon-invoice-discounting-a-premier-platform-for-investors-in-india
 
The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...
 
Attending a job Interview for B1 and B2 Englsih learners
Attending a job Interview for B1 and B2 Englsih learnersAttending a job Interview for B1 and B2 Englsih learners
Attending a job Interview for B1 and B2 Englsih learners
 
Memorandum Of Association Constitution of Company.ppt
Memorandum Of Association Constitution of Company.pptMemorandum Of Association Constitution of Company.ppt
Memorandum Of Association Constitution of Company.ppt
 
Skye Residences | Extended Stay Residences Near Toronto Airport
Skye Residences | Extended Stay Residences Near Toronto AirportSkye Residences | Extended Stay Residences Near Toronto Airport
Skye Residences | Extended Stay Residences Near Toronto Airport
 
Exploring Patterns of Connection with Social Dreaming
Exploring Patterns of Connection with Social DreamingExploring Patterns of Connection with Social Dreaming
Exploring Patterns of Connection with Social Dreaming
 
The effects of customers service quality and online reviews on customer loyal...
The effects of customers service quality and online reviews on customer loyal...The effects of customers service quality and online reviews on customer loyal...
The effects of customers service quality and online reviews on customer loyal...
 
20240425_ TJ Communications Credentials_compressed.pdf
20240425_ TJ Communications Credentials_compressed.pdf20240425_ TJ Communications Credentials_compressed.pdf
20240425_ TJ Communications Credentials_compressed.pdf
 
Sustainability: Balancing the Environment, Equity & Economy
Sustainability: Balancing the Environment, Equity & EconomySustainability: Balancing the Environment, Equity & Economy
Sustainability: Balancing the Environment, Equity & Economy
 
Project File Report BBA 6th semester.pdf
Project File Report BBA 6th semester.pdfProject File Report BBA 6th semester.pdf
Project File Report BBA 6th semester.pdf
 
CADAVER AS OUR FIRST TEACHER anatomt in your.pptx
CADAVER AS OUR FIRST TEACHER anatomt in your.pptxCADAVER AS OUR FIRST TEACHER anatomt in your.pptx
CADAVER AS OUR FIRST TEACHER anatomt in your.pptx
 
Digital Transformation and IT Strategy Toolkit and Templates
Digital Transformation and IT Strategy Toolkit and TemplatesDigital Transformation and IT Strategy Toolkit and Templates
Digital Transformation and IT Strategy Toolkit and Templates
 
The-McKinsey-7S-Framework. strategic management
The-McKinsey-7S-Framework. strategic managementThe-McKinsey-7S-Framework. strategic management
The-McKinsey-7S-Framework. strategic management
 
The Parable of the Pipeline a book every new businessman or business student ...
The Parable of the Pipeline a book every new businessman or business student ...The Parable of the Pipeline a book every new businessman or business student ...
The Parable of the Pipeline a book every new businessman or business student ...
 
VAT Registration Outlined In UAE: Benefits and Requirements
VAT Registration Outlined In UAE: Benefits and RequirementsVAT Registration Outlined In UAE: Benefits and Requirements
VAT Registration Outlined In UAE: Benefits and Requirements
 
Premium MEAN Stack Development Solutions for Modern Businesses
Premium MEAN Stack Development Solutions for Modern BusinessesPremium MEAN Stack Development Solutions for Modern Businesses
Premium MEAN Stack Development Solutions for Modern Businesses
 

Sydney Policy Lab launch Automation and AI