The jobs most at risk from AI

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The Daily Aus 19 min 5 speakers 4 chapters transcribed 2 months ago
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Sam Koslowski 0:00
This episode is brought to you by the team at Anthropic. Ready?
Billy Fitzsimons 0:04
And good morning. This is the Daily Oz. This is the Daily Oz.
Unknown 0:07
This is the Daily Oz.
Billy Fitzsimons 0:09
Oh, now it makes sense.
MUSIC
Billy Fitzsimons 0:18
Good morning and welcome to The Daily Aus. It's Monday, the 13th of July. I'm Billie Fitzsimons.
Elliot Lawry 0:24
I'm Elliot Laurie.
Billy Fitzsimons 0:25
In case you missed it, the federal government has, for the first time, released a report tracking how AI is reshaping Australia's workforce. It said that there has been no evidence that AI has caused widespread job losses or major disruptions yet, which might be surprising considering the job cuts that we have heard about. This report from the government does paint a bit of a different picture than those clips that we just heard. But it also tells us what jobs are most at risk. We'll tell you what you need to know in today's podcast.
Elliot Lawry 1:10
Good morning, Billie, or should I say Billie AI? Because yes, we have replaced Billie on the podcast. We've got an AI bot. I'm kidding, irreplaceable. But that is what we're talking about today. We're talking about the idea that AI could be creating job losses in Australia and this first of its kind report from the government about whether that's actually happening. But as you mentioned up top, the key finding from this is that so far there's not been any widespread job losses, right?

What did the new federal report find about AI and job losses in Australia?

Billy Fitzsimons 1:38
Yes. I think there are two operative words in what you just said.
Elliot Lawry 1:41
Yes.
Billy Fitzsimons 1:42
The first is the fact that this is a government report and that is why I wanted to talk about it today because I think, you know, there are reports all the time telling us different things, but I think the fact that this is a report from the federal government who has looked at the Australian workforce as a whole, has all of their data at their hand and analysed it, I think that's why this is so important and interesting.
Unknown 2:05
Mm-hmm.
Billy Fitzsimons 2:05
And the second is the word widespread. So we said that this report says that there has been no evidence that AI has caused widespread job losses. There have been job losses. They just haven't been widespread.
Elliot Lawry 2:19
Yes.
Billy Fitzsimons 2:20
So far.
Elliot Lawry 2:20
And how did the government get to that conclusion? Because I feel like every other day I'm opening up my phone and seeing a new headline about job losses from AI.
Billy Fitzsimons 2:28
Yeah. So it analysed quarterly ABS employment data.
Elliot Lawry 2:32
Which is the Australian Bureau of Statistics.
Billy Fitzsimons 2:35
Yes. Thank you. We love the ABS.
Elliot Lawry 2:37
We love them.
Billy Fitzsimons 2:38
Side note, it's a census year. which I'm so excited for.
Elliot Lawry 2:41
It's going to be so much fun when we report on it.
Billy Fitzsimons 2:44
All of the stats that are going to come out of the census year, very exciting. But that's a side note. Back to this. So it looked at quarterly ABS employment data covering 355 occupations, not just since the explosion of AI, but it looked at prior to this explosion of AI. It actually used the introduction of ChatGPT in I think it was November 2022. Yeah, that's right. So it looked at the years prior to ChatGPT being introduced and then looked at the years after so that it could analyse the shifts compared to prior.
Elliot Lawry 3:19
And it did that big of a range because obviously right before ChatGPT being introduced, we had COVID. So the unemployment figures there, we can't really compare to that. So it looked at just before COVID and then it looked at just after ChatGPT being introduced and it then compared those figures. Yes.
Billy Fitzsimons 3:36
Yeah. And so they assigned each occupation. So name some occupations. Teachers.
Elliot Lawry 3:43
Nurses.
Billy Fitzsimons 3:44
Yes. I like that we were able to come up with two occupations.
Elliot Lawry 3:47
End of list.
Billy Fitzsimons 3:49
Well, there were 355 of them. And for each one, it assigned an AI exposure score, which I think is really interesting. And I want to talk more about it because it was so interesting going through the list of jobs that are most exposed and the jobs that are least exposed.
Elliot Lawry 4:05
Do you want to explain what the exposed bit means? Because that's what tripped me up when I was going through this yesterday.
Billy Fitzsimons 4:10
So it's most at risk, right?
Elliot Lawry 4:12
So it's the ones that are most exposed to automation from AI.
Billy Fitzsimons 4:16
Yes. Which means most at risk?
Elliot Lawry 4:18
Potentially, yes. But the government was clear to say that they're looking at automation, not necessarily job losses, because your job could be automated.

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