According to the report by the Committee for Economic Development of Australia, about 40% of existing jobs can disappear in two decades due to technological change. Apparently, soon the vast majority of Australians will be required to have a much higher degree of skill that particularly embraces computerization.

According to the report, automation has replaced a number of jobs in agriculture, mining and manufacturing. They predict that computerization will also affect other areas, including the health sector, which is thus far almost untouched by technological advancements. The Committee for Economic Development of Australia also admits there is a high probability that such jobs as accountants, estate agents and economists will be significantly depleted in two decades.

The predictions are that information and telecommunication advances may affect a number of occupations ranging from telemarketers to insurance underwriters to radiologists. On the other hand, in other professions technological advancements will make people far more productive and significantly reduce the demand for such types of workers.

The expectations are that health will be affected thanks to automation in clinical data and predictive diagnostics to robotics assisting in various areas. Of course, new jobs and industries will also emerge over the next few decades, but the country will be left behind if it fails to plan and invest in the right areas. In addition, Australia is recommended to reconsider how it deals with reskilling workers whose fields of employment disappear.

While the recent report does not say what types of jobs may emerge, it recommends to focus on training for unique skills that are unlikely to be replicated by computers.