Innovation report shines spotlight on future of Queensland’s job market

Innovation report shines spotlight on future of Queensland’s job market

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A detailed report into the future of Queensland’s jobs market highlights the growing demand for government-backed innovation to drive the State forward, with up to one million new jobs needing to be created by 2038.

The Innovation Imperative report, released by CSIRO’s Data61, identifies megatrends that will reshape Queensland in the next 20 years including technology, emerging global markets, demographics, digitisation and cultural change.

The release of the report coincides with the launch of the Palaszczuk Government’s ‘Our Innovation Future’ review, announced by Innovation Minister Kate Jones.

Ms Jones says the government’s commitment to innovation is putting Queensland on-track to become a world leader in emerging tech industries including artificial intelligence, robotics, and autonomous vehicles.

“We’re investing more than half-a-billion dollars to create jobs of the future in our state,” she says.

“This report confirms what we’ve known for a long time – Queensland’s workforce is rapidly changing.

Thanks to our investment in innovation, we are in the perfect position to capitalise on the emergence of new technologies like robotics. The fact that up to one million jobs will be created in Queensland by 2038 is proof of the great opportunities we’re helping to support.

The Innovation Imperative report details the need for innovation, with up to one million new jobs predicted to be created in the next two decades through technology shifts.

But alongside a jobs boom comes a warning around the need for a continued focus on innovation by business, research and government, with about 860,000 jobs at risk of being impacted in some way as the industrial landscape continues to evolve.

“Innovation isn’t just about creating new jobs. We’re working hard to provide funding and support to upskill workers in jobs that are likely to be impacted,” explains Ms Jones.

“That’s another reason why I recently announced a review of the state’s innovation system to identify ways the government can work with entrepreneurs and researchers to foster innovation to achieve growth and secure jobs.

As part of this review we’re looking at ways we can better partner with employers to upskill workers and create more sustainable jobs in Queensland.

“For almost 20 years, the Queensland Government has invested in ways to prepare the state’s economy for the future – from the early days of Smart State to our current $650 million Advance Queensland fund, specially designed to diversify our economy.”

Ms Jones said CSIRO’s Data61 report outlined the challenges and potential for Queensland in the face of accelerating global change.

“The report gives us a uniquely Queensland view of the impacts of automation in the Australian economy,” she says.

“It’s research like this that is crucial to our decision-making for the next 20 years. That’s why we’re incorporating discussions about automation and destabilising technologies into our review of Queensland’s innovation agenda.”

 


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