Change is inevitable. If we embrace it we win; resist it, we lose

Change is inevitable. If we embrace it we win; resist it, we lose

The challenges, choices and likely consequence we face are spelt out in the report, Australian National Outlook 2019, produced by the CSIRO in consultation with 50 leaders from companies, universities and non-profits. The group was chaired by Dr Ken Henry, former Treasury secretary, and David Thodey, former boss of Telstra.

The report identifies six main challenges we face between now and 2060.

First is the rise of Asia and the way it is shifting the geopolitical and economic landscape.

Next is the challenge of technological change, such as artificial intelligence, automation and biotechnology

Third challenge is climate change, the environment and loss of biodiversity.

Then there’s the demographic challenge

The fifth challenge is that trust in governments, businesses, other organisations and the media has declined

Finally, measures of social cohesion

The report develops two plausible but opposite scenarios of how things may develop over the next 40 years. The “slow decline” scenario is the muddle-through future, in which we resist change for as long as we can. In the “outlook vision” scenario we agree to bite the bullet, resist the lobbying of declining industries, make the needed policy changes and exploit the benefits of new technology and trading opportunities.


" Trouble is, a public that’s willing to re-elect the reactionary Morrison government seems more likely to settle for the low-road than strive for the best we could be. "

https://www.watoday.com.au/business/the-economy/change-is-inevitable-if-we-embrace-it-we-win-resist-it-we-lose-20190718-p528l8.html

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