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Artificial Intelligence (AI) is here and is having a major impact on the jobs market and how we all work. This report argues that Australia has a choice: to benefit from this major industrial transformation, or let it wash over us as a country and see the majority of the benefits go to overseas companies and workers. Ignoring or resisting the technological change of AI will only disadvantage Australian workers. Governments have a vital role to play to ensure the benefits of AI are shared broadly across all sectors of our society. The report outlines a number of recommendations to ensure Australia rightly takes advantage of the opportunities in front of us. We recommend nationally coordinated investments and focus on education, regulation, security, and research and development, to ensure the future of work for all Australians is rewarding, safe and just.