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https://www.technologydecisions.com.au/content/it-management/article/automation-will-protect-jobs-not-take-them-731094766>
"With the government Budget and the Reserve Bank of Australia’s latest interest
rate announcement, there are significant economic headwinds on the horizon
thanks to inflation, supply chain disruptions, skills shortages, and the
increasing likelihood of a global recession.
In coming months, we can expect to see organisations adapt to combat these
headwinds. Businesses will explore ways to protect profits. Spending will slow.
Costs will be constrained. Investments will need to demonstrate clear —and
fast — returns.
In previous slowdowns, businesses have resorted to headcount changes and
restructuring to deal with harsh economic conditions. Some global businesses
are already taking these steps. Yet there is another path. Investing in
automation promises productivity gains that will keep firms competitive and
protect against more dramatic cost-cutting measures in future.
During the pandemic, we saw a rapid uptick in technology adoption. Digital
systems enabled virtual learning, remote hiring, onboarding, customer service,
collaboration and more, to continue and even improve. New working models have
been enthusiastically embraced; people are in no rush to return to the old
ways."
Cheers,
*** Xanni ***
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mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
