Future of Artificial Intelligence and its Impact on Australian Jobs, Forecast to 2030

AI Disrupting Labor Ecosystems, Automation to Replace Human Element in Routine and Low-Skilled Jobs by 2030

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AI market in Australia is currently in a nascent stage. With several new companies and new technologies entering the market it is expected to see accelerated growth from 2020–2030. This study examines the current and future trends in the AI market in Australia. It also examines closely the key technologies aiding the market growth and key competitors in the market. The study also provides information on the impact of AI on the Australian economy and labor market with focus on various industries where AI is to be implemented. This includes Healthcare, Information Technology, Education, Retail, Manufacturing and Financial Services. The study also gives detailed profiles of major Global Companies and Australian

Research Scope

This RS aims to present an overview of the current and future trends and developments in the Artificial Intelligence Market in Australia during 2011–2030. This includes

  • Introduction to AI and its key technologies
  • Overview of the AI Market in Australia
  • Major Global Companies Active in AI and Activities in Australia
  • Impact of AI in the Australian Economy and Labor Market
  • The Future of Industries with AI Implementation
  • Analysis of profiles of key players and their activities in AI Market
  • Market Forecasts 2017 to 2030
  • Impact of AI implementations on Job Markets across various Industries

Key Issues Addressed

  • What is Artificial Intelligence? What is its Evolutionary process in Australia? What are the Key Classifications and types of AI systems in the country?
  • Which are the key technologies aiding the growth of AI in Australia?
  • Which are the key competitors in the AI market and what are their focus areas?
  • What is the likely impact of AI to Australia’s economy and Job generation?
  • What is the future of Industries which are expected to adopt Artificial Intelligence?

Table of Contents

Executive SummaryKey FindingsKey Findings (continued)Research Scope, Objectives, Background, and MethodologyResearch Scope and OverviewResearch Aims and ObjectivesKey Questions this Study will AnswerResearch BackgroundResearch MethodologyKey OEMs or Participant Groups in this StudyDefinitions DefinitionsDefinitions (continued)Introduction to AIWhat is AI?AI Systems OverviewEvolution of AIEvolution of AI (continued)Understanding AIAI Readiness MapKey Technologies Aiding the Growth of AIAI TechnologiesDissecting AIMachine Learning ApplicationsComputer Vision and Machine LearningNatural Language Processing TasksDeep Learning ApplicationsOverview of the AI Market in AustraliaAI Market SnapshotKey Competitors in the MarketKey Competitors in the Market (continued)Key Competitors in the Market (continued)Key Competitors in the Market (continued)Key Competitors in the Market (continued)Australian AI Start-upsAustralian AI Start-ups (continued)Australian AI Start-ups (continued)Australian AI Start-ups (continued)Australian AI Start-ups (continued)Australian AI Start-ups (continued)Major Global Companies Active in AI and Their Activities in AustraliaIBM WatsonGoogleMicrosoftFacebookImpact of AI on the Australian Economy and JobsAI Shifting and Disrupting the Global Labour EcosystemThe Industrial Revolution and Impact on JobsTechnological Revolutions Shaping Job TrendsAutomation—Mapping of Jobs Under Threat in AustraliaAI and Automation—Job Threat Mapping in AustraliaAI and Automation—Job Threat Mapping in Australia (continued)AI and Automation—Job Threat Mapping in Australia (continued)AI and Automation—Job Threat Mapping in Australia (continued)Growth by Industry in AustraliaImpact of AI on Growth in Jobs by Industry in AustraliaLoss/Creation of Jobs due to AI Implementation by IndustryJob Type Composition in Labour Market in New South Wales, Australia Industries with High Job GrowthIndustries with High Job LossJobs Likely to be Created due to AI ImplementationJobs Likely to be Disrupted due to AI ImplementationThe Future of Industries with AI ImplementationAI-driven Industry Transformation—Agriculture and AgribusinessAI-driven Industry Transformation—AutomotiveAI-driven Industry Transformation—Banking and FinanceAI-driven Industry Transformation—EducationAI-driven Industry Transformation—HealthcareAI-driven Industry Transformation—ICTAI-driven Industry Transformation—Legal ServicesAI Disrupting Business FunctionsAI Impacting Organizations and ManagementCustomer Experience TransformationChatbots in Australia—Key Opportunity for Australian Businesses to Increase Online Conversion RatesCase Study—IBM WatsonCase Study—Microsoft CortanaCase Study—Avaya ChatbotsCase Study—Flamingo’s Rosie ChatbotCase Study—Nuance Nina ChatbotCase Study—Optus Olivia ChatbotCase Study—Allianz Allie ChatbotCase Study—Uber and Facebook MessengerCase Study—Domain Group and Facebook MessengerCase Study—ANZCase Study—Xero and Facebook MessengerCase Study—Aspect SoftwareCase Study—OmiliaGrowth Opportunities and Companies to ActionGrowth Opportunity 1—Increased implementation of AIGrowth Opportunity 2—Investments in AIGrowth Opportunity 3—Development of Key TechnologiesGrowth Opportunity 4—Positive Impact on Job creationStrategic Imperatives for Success and GrowthKey ConclusionsKey ConclusionsThe Last Word—3 Big PredictionsLegal DisclaimerAppendixAbbreviations and Acronyms UsedAbbreviations and Acronyms Used (continued)Abbreviations and Acronyms Used (continued)The Frost & Sullivan StoryThe Frost & Sullivan StoryValue Proposition—Future of Your Company & CareerGlobal PerspectiveIndustry Convergence360º Research PerspectiveImplementation ExcellenceOur Blue Ocean Strategy

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