Today the federal budget is being released in Australia. And before any of the policies emerge, I can tell you what the proposed objective of every single one of them will be:
Jobs & Growth.
For me, it is heartbreaking to hear this mantra still being chanted as some kind of plan for the future, especially given the industrial age is officially over. We don’t need to provide people with jobs – we need to provide them with the tools and skills of adaptation, because increasingly, jobs will have shorter and shorter life cycles.
The era of lifelong jobs, lifelong careers or life long anything is over. Quite frankly, jobs are not the solution. We are very quickly evolving into an economy driven by independent actors, attracting revenue from multiple sources. In the future, everyone will become ‘Projecteers’. We are already starting to shift inside and outside of companies, providing skills for projects. The best way to de-risk anything financial is to have many sources of revenue – not just one, which is what a job is. Having a job is the riskiest financial strategy anyone can have. Anyone who wants to thrive in the new economy needs to be totally self-reliant.
The good news? It has never been a better time in history to get on the path to independence. To learn and to reinvent ourselves. The first thing we need to do in every industrialised economy is remove the word ‘job’ from our collective parlance. This word is responsible for limiting the possibilities of millions of people – it steals from the breadth of possibility. It says: be subservient to someone else. It says:
- Let someone else provide opportunities for you.
- Let someone else decide what you’re worth.
- Let someone else decide if you’re qualified.
- Let someone else decide if they need you.
- Let someone else decide when to replace you with Artificial Intelligence.
The list is endless, but the point is that it outsources responsibility to an economic machine we have no control over. Wouldn’t it be refreshing if the government came out and said, “We are going to make it easier than ever to start a business”?
A better approach to life is to think in terms of Revenue – how much do I need, where can I get it and what value can I create for others so I can get my fair share. Everyone’s economic future is not based on the job they have, but the revenue they create for themselves. And the government…well, they just want tax payers and centralised simplicity where they give large corporations what they want so long as they provide jobs for tax payers. We all deserve more than that. We deserve an independent future where the government provides resources for people to invent new industries and revenue streams for a modern economy. We deserve new systems that enable nimble skill providers to adapt to what the economy and businesses need. Jobs are something people had when Henry Ford ran the show, and the last time I looked… Ford wasn’t a company anyone revered.
If you like this kind of thinking about the future, then I’d highly recommend reading my new book – The Lessons School Forgot. You can download the first chapter here free. It’s out in June and is a manifesto on how to financially future-proof your life in a rapidly changing world.