The Workforce Challenge: Retirement of the Baby Boomers.
Australia, like much of the world, is experiencing a significant demographic shift. Baby Boomers, who have been a cornerstone of the workforce, are retiring en masse. According to Judo Bank’s Chief Economist, Warren Hogan this exodus places immense pressure on the labour market, leaving gaps that businesses need to address urgently.
This is where AI comes in. By automating routine tasks, improving operational efficiency, and supporting decision making, AI can alleviate the strain on a shrinking.