Machine learning not 'death knell of modern workforce': Telstra CEO

Machine learning not 'death knell of modern workforce': Telstra CEO

Penn says 'end of work' theories underestimate future entrepreneurs; investment in innovation and skills crucial

Advancements in machine learning will not be the death knell of the modern workforce, but rather provide ample new opportunities for growth, according to Telstra’s new CEO, Andrew Penn.

Speaking for the first time in his new role at a CEDA event in Sydney on Tuesday, Penn discussed how new digital technologies such as artificial intelligence, the cloud and mobility are driving change and creating new opportunities for innovation and economic development.

“What the industrial revolution showed us was that the switch to mechanisation has significantly enhanced society’s quality of living. And that is what will happen through this digital transformation,” said Penn.

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Tags innovationCEDAentrepreneurialismdigital transformationSTEMentrepreneurartifical intelligencemachine learningcloud computingTelstraskillskeynoteend of workmobilityAndrew Penndigital literacy

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