Treasurer Joe Hockey's obsession with the possibility of driverless cars has made it into the government's vision of the future.

Technological and as-yet unknown new industries comprise part of the government's forecasts on productivity growth which will increase by a lacklustre 1.5 per cent a year over the next 40 years, the same rate of growth seen through the 2000s.

The intergenerational report says "technology is changing the way we interact with each other and how we live our lives".

Treasurer Joe Hockey delivering the 2015 intergenerational report at Parliament House in Canberra on Thursday 5 March 2015. Photo: Andrew Meares Andrew Meares

"It will change the face of business, markets, business, governments and social engagement."

Treasurer Joe Hockey was enthusiastic about the potential of driverless cars at the release of the report in Canberra on Thursday.