Danielle Wood

And I suspect there, you know, a lot of our services jobs, that human element remains something that people want.

Look, I think probably right now we should focus on the median scenario, which, as I said, I think is more a story of augmentation.

And so that's a story of actually helping people upskill and retrain.

We want people to be able to work with the technology.

We had some recommendations in our pillars reports around helping small and medium businesses.

helping staff upskill, which I think will be an important part of the story.

I think they absolutely should keep a watching brief on the tail risk issue.

If we were to go there, you're talking very big and different policy prescriptions than we would typically be using for a transition.

I mean, you would have to start thinking about those sorts of things.

And also, how do you create meaning and structure in people's lives?

And these are very big, hard questions.

As I said, I don't think that is the median estimate by any stretch of the imagination.

But I think we have to be honest that this technology is developing quickly and there are potential tower risks.

Yeah, it's kind of wild, isn't it?

In most industries, we get better at doing things over time.

In fact, in every other sector of the economy, in housing, we have got worse on that measure.

I mean, one thing that's important to say is houses have got bigger and better in that time.

And so when we make that adjustment to the data, productivity is higher.

only down 12% over the 30 years.

It's still, as I said, extraordinary to think it's gone backwards.