{"id":847839,"date":"2026-08-08T09:54:13","date_gmt":"2026-08-08T09:54:13","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/847839\/"},"modified":"2026-08-08T09:54:13","modified_gmt":"2026-08-08T09:54:13","slug":"im-35-my-mates-in-investment-banking-are-at-risk-of-losing-their-jobs-but-im-in-an-ai-proof-industry-that-will-always-be-needed","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/847839\/","title":{"rendered":"I&#8217;m 35, my mates in investment banking are at risk of losing their jobs &#8230; but I&#8217;m in an AI-proof industry that will always be needed"},"content":{"rendered":"<p class=\"mol-para-with-font\">A construction boss has urged young Australians to consider a trade over university, arguing it is &#8216;way better&#8217; to pick up tools than hit the books.\u00a0<\/p>\n<p class=\"mol-para-with-font\">Brenden Morrissey, 35, founded Strive Modular on the Central Coast with his wife Holly in January and employs ten staff, including plumbers and electricians.\u00a0<\/p>\n<p class=\"mol-para-with-font\">He said apprenticeships are the way forward and argued many jobs that require university degrees could eventually be affected by <a style=\"font-weight: bold;\" target=\"_self\" href=\"https:\/\/www.dailymail.com\/sciencetech\/ai\/index.html\" id=\"mol-b70be300-8d47-11f1-893b-f970cc13d1e3\" rel=\"nofollow noopener\">artificial intelligence<\/a> (AI).\u00a0<\/p>\n<p class=\"mol-para-with-font\">&#8216;I&#8217;ve got friends in investment banking who are high up in big corporate companies, but the reality is that the jobs you&#8217;re going to university for are the most likely to be taken over by technology,&#8217; he told the Daily Mail.<\/p>\n<p class=\"mol-para-with-font\">&#8216;Construction, though, will always be needed. It&#8217;s not going to be taken over. You won&#8217;t be made redundant.&#8217;<\/p>\n<p class=\"mol-para-with-font\">Mr Morrissey said he respects those who go to university but added that specialising in a trade offered higher wages and more practical life skills.<\/p>\n<p class=\"mol-para-with-font\">&#8216;I think the way the construction industry is going, what was once an industry that might not have had higher wages isn&#8217;t the case anymore,&#8217; he said.<\/p>\n<p class=\"mol-para-with-font\">&#8216;I&#8217;ve got some contract carpenters and builders who are on $75 an hour.<\/p>\n<p>   <img decoding=\"async\" id=\"i-4daee33de64498d9\" src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/08\/110265261-15981017-image-a-1_1785107606536.jpg\" height=\"628\" width=\"634\" alt=\"Construction boss Brenden Morrissey is pictured with his wife Holly. He has urged young Australians to ditch university in favour of a trade\" class=\"blkBorder img-share\" style=\"max-width:100%\" loading=\"lazy\" \/>   <\/p>\n<p class=\"imageCaption\">Construction boss Brenden Morrissey is pictured with his wife Holly. He has urged young Australians to ditch university in favour of a trade\u00a0<\/p>\n<p>   <img decoding=\"async\" id=\"i-1d7196785e669b56\" src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/08\/110265579-15981017-image-a-4_1785108240888.jpg\" height=\"467\" width=\"634\" alt=\"Mr Morrissey said some university-based careers could be affected by artificial intelligence\" class=\"blkBorder img-share\" style=\"max-width:100%\" loading=\"lazy\" \/>   <\/p>\n<p class=\"imageCaption\">Mr Morrissey said some university-based careers could be affected by artificial intelligence\u00a0<\/p>\n<p class=\"mol-para-with-font\">With\u00a0Australia facing a shortage of skilled workers, including apprentices, Mr Morrissey warned the outlook could worsen if the trend is not reversed.\u00a0<\/p>\n<p class=\"mol-para-with-font\">&#8216;Without skilled labour and tradespeople, we don&#8217;t have a construction future as robotics and AI can only take you so far,&#8217; he said.\u00a0<\/p>\n<p class=\"mol-para-with-font\">&#8216;Without skilled labour, who&#8217;s going to renovate? You can&#8217;t send a robot in to change a door or change a toilet.<\/p>\n<p class=\"mol-para-with-font\">&#8216;All we&#8217;re doing now is creating an even bigger gap in the trade shortage.&#8217;\u00a0<\/p>\n<p class=\"mol-para-with-font\">Mr Morrissey said low apprenticeship wages were partly to blame for the vacuum of apprentices in Australia.<\/p>\n<p class=\"mol-para-with-font\">&#8216;There&#8217;s not enough younger tradies coming through at the moment,&#8217; he said.\u00a0<\/p>\n<p class=\"mol-para-with-font\">&#8216;Why would you want to get an apprenticeship for $17 an hour when you can go and drive a forklift for $35 an hour? That&#8217;s the reality in the construction industry.&#8217;\u00a0<\/p>\n<p class=\"mol-para-with-font\">Mr Morrissey also said younger generations are prioritising jobs that offer higher immediate pay and are &#8216;not thinking about the future&#8217;.\u00a0<\/p>\n<p>  <img decoding=\"async\" id=\"i-866af8e90cb84573\" src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/08\/110378969-15981017-image-a-4_1785551278948.jpg\" height=\"849\" width=\"634\" alt=\"\" class=\"blkBorder img-share\" style=\"max-width:100%\" loading=\"lazy\" \/>  <\/p>\n<p class=\"imageCaption\">Mr Morrissey warned Australia&#8217;s skills shortage could worsen if apprentice numbers do not increase<\/p>\n<p class=\"mol-para-with-font\">&#8216;There&#8217;s a lot of entry-level jobs that require no previous training and are high-paying roles for a 17-year-old,&#8217; the builder said.<\/p>\n<p class=\"mol-para-with-font\">&#8216;All they&#8217;re thinking about is money so they can buy a car or go partying on a weekend.<\/p>\n<p class=\"mol-para-with-font\">&#8216;Today&#8217;s generation doesn&#8217;t think about 10 years&#8217; time, they&#8217;re living in the now.&#8217;<\/p>\n<p class=\"mol-para-with-font\">Mr Morrissey also warned that he has seen a lack of work ethic among new apprentices.<\/p>\n<p class=\"mol-para-with-font\">&#8216;For every 10 [apprentices] who come through, five of them might have the right work ethic, the rest don&#8217;t,&#8217; he said.<\/p>\n<p class=\"mol-para-with-font\">&#8216;They&#8217;re just here for the money, not because they&#8217;re interested in what they&#8217;re doing.&#8217;<\/p>\n<p class=\"mol-para-with-font\">Australia is also experiencing an AI data centre boom, with experts suggesting almost 20 per cent of all non-residential construction is now being directed towards building the facilities which means more tradies would be needed.<\/p>\n<p class=\"mol-para-with-font\">But Mr Morrissey warned these large projects, including data centres and major infrastructure works, could pull workers away from day-to-day construction jobs.\u00a0<\/p>\n<p>  <img decoding=\"async\" id=\"i-cf4ab4fa6b08fb59\" src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/08\/110378975-15981017-Mr_Morrissey_pictured_with_his_team_said_large_infrastructure_pr-a-1_178606363252.jpeg\" height=\"376\" width=\"634\" alt=\"Mr Morrissey (pictured with his team) said large infrastructure projects can draw skilled workers away from day-to-day construction jobs because they often offer higher pay\" class=\"blkBorder img-share\" style=\"max-width:100%\" loading=\"lazy\" \/>  <\/p>\n<p class=\"imageCaption\">Mr Morrissey (pictured with his team) said large infrastructure projects can draw skilled workers away from day-to-day construction jobs because they often offer higher pay\u00a0<\/p>\n<p class=\"mol-para-with-font\">&#8216;With big major projects like data centres and infrastructure projects, those certainly are on a much bigger scale, so they can offer much bigger wages,&#8217; Mr Morrissey said.\u00a0<\/p>\n<p class=\"mol-para-with-font\">&#8216;I worked underground on the [Sydney] WestConnex project because I got way more money than I would working in construction.<\/p>\n<p class=\"mol-para-with-font\">&#8216;It&#8217;s really hard because we are losing a lot of skilled tradesmen to either mining or infrastructure projects like tunnels, rail and roads because they&#8217;re paying a higher wage.&#8217;<\/p>\n<p class=\"mol-para-with-font\">Randstad National Director of Trades and Labour Paris Watt said there has been a lot of talk around AI&#8217;s &#8216;potential for disrupting jobs&#8217;.<\/p>\n<p class=\"mol-para-with-font\">But the recruitment agency&#8217;s recent data shows that professional roles have grown by 38 per cent, while blue-collar roles have increased by 54 per cent.<\/p>\n<p class=\"mol-para-with-font\">&#8216;This data shows when it comes to skilled trades, it&#8217;s actually growing job opportunities,&#8217; Ms Watt said.\u00a0<\/p>\n<p class=\"mol-para-with-font\">&#8216;AI is creating incredible demand for the infrastructure that drives and supports it and these data centres require a lot of skilled tradespeople to build them.<\/p>\n<p class=\"mol-para-with-font\">&#8216;We&#8217;re already seeing the skills bottleneck in Australia and a key challenge moving forward will be addressing the shortage of skilled trades in the face of this growing demand.&#8217;\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"A construction boss has urged young Australians to consider a trade over university, arguing it is &#8216;way better&#8217;&hellip;\n","protected":false},"author":2,"featured_media":847840,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[256,254,255,64,63,100,44,105],"class_list":["post-847839","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-au","tag-australia","tag-dailymail","tag-news","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/847839","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=847839"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/847839\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/847840"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=847839"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=847839"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=847839"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}