Treasurer Josh Frydenberg has urged Australians to embrace “digitisation of the economy”, claiming it is inevitable and improves both productivity and living standards:
“We’re living through the fourth industrial revolution. The first was the steam engine, the second was electricity, the third was the computer and the fourth is big data and artificial intelligence. It’s affecting everything,” Mr Frydenberg told news.com.au.
“We have 80,000 Uber drivers in Australia servicing more than four million Australians. That has disrupted the traditional taxi system as well as how service providers appeal to their customers and manage their customer base…
