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The stem environment (Origins stem (Increasing computational power has…
The stem environment
Origins stem
Increasing computational power has been reshaping the labour STEM skills market for over 60 years,
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context of changing work environments. In the 1970s, the internet, mobile phones and social media
did not exist as we know them today. Now they are integral parts of our lives, with IT-related
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Report, Treasury 2015). The Foundation for Young Australians (2015) estimated that 90% of Australia’s
current workforce will need to be at least a proficient user of technology to communicate, find
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The capability of machines to replicate aspects of human thought is set to most radically reshape the
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of social interaction, low levels of creativity, or low levels of mobility and dexterity are more likely to
be replaced by automation. There is a high probability that 40% of Australia’s workforce, more than
five million people, could be replaced by automation within the next ten to 20 years (Durrant-Whyte
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automatibility of jobs for 21 OECD countries to be 9% on average (Arntz et al. 2016). Over the last 50
years, there have been significant changes in the skill composition of employment, with consistent
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workers, which is expected to continue (Borland & Coelli 2015).
In addition to the high pace of digital transformation, there are a range challenges presently facing
contemporary societies, which include confronting and adapting to climate change; ensuring
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growth. Fostering STEM skills is seen to be vital preparation for addressing these challenges (Office of
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