Artificial intelligence is changing everything from our healthcare, to how we shop, how we drive to how we work.
It's estimated that 65% of children in school today will be doing jobs that haven't been invented yet. According to a new report from the National Assembly's Skills Committee artificial intelligence and automation will dominate the workplace for the next 40 years and it's vital that Wales is at the forefront by inventing new technologies and not just using them.
This 4th industrial revolution presents an opportunity and a challenge for Wales to be the inventors of the new technologies and the innovators - not just consumers or users.
Swansea University's Engineering Department is at the forefront of this change. It's developing robots and artificial intelligence which could be applied to helping an ageing population live independently at home for longer.
But there are fears over jobs. AI and robotics will replace some roles - there'll be a shift in the balance from low skilled jobs to higher skills - and some work may disappear altogether .
Skills Committee member Joyce Watson AM says cleaning, basic computing, shelf filling, will all change and Wales needs to make sure people who may already be struggling are not displaced.
And there's the challenge. Wales needs to prepare for change now or risk being left behind as the technology and our competitors march on.