Victorian government unveils $14 million rescue package to protect workers from AI-driven job losses
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Summary
The Victorian government has announced a $14 million rescue package to protect workers from AI-driven job losses. The plan includes $8.2 million for a career rescue scheme supporting employees in at-risk industries. While AI adoption is expected to boost productivity, concerns remain about widespread job displacement, with research showing nearly a third of Australians worry machines will replace their roles.
Key quotes
· 4 pulledWorkers facing the threat of artificial intelligence-driven job losses are set to be protected under a multimillion-dollar state government rescue package.
The Victorian government on Sunday unveiled the $14 million plan which includes $8.2 million for a career rescue scheme designed to support workers in at-risk industries.
While AI adoption is expected to boost productivity, there are widespread concerns the technology could also be used to eliminate many jobs.
Research shows almost a third of Australians are concerned machines will replace
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