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It is estimated that 40 per cent of Australian jobs are in danger of automation, while 60 per cent of knowledge workers are likely to have their jobs restructured due to digital disruption. But there is hope for the future.

While the reality of a future with robots and AI taking over our jobs appears inevitable, it is perhaps comforting to know that robots don’t hold all the cards.

Head of Monash Business School and Dean of the Faculty of Business and Economics Professor Simon Wilkie witnessed this digital disruption first-hand while working as chief economic policy strategist at Microsoft Corporation. He sat down to chat with Impact Exchange host Professor Richard Hall about how we are witnessing the Fourth Industrial Revolution, the digital transformation in products, services and business processes and models that has intelligent systems replacing traditional areas of expertise.