I think that, ultimately, when it comes to skills development and building the workforce of the future, you need to take a balanced approach. In the past I've actually been a strong advocate for early childhood education because it's building the workforce of the future. But like most businesses, you also have to pay attention to the needs at the moment. If you just focus on the long term, your quarterly performance is going to deteriorate badly. You need a workforce today, so we actually need to focus equally on adult skills.
In terms of the transformation in the economy and the impact that technology is having, I'm deeply concerned that a lot of middle-skilled jobs are getting displaced. What we can see is 40% of businesses can't find the workers with the skills they need. We really do need to upskill the workforce.
One of the interesting things about working at Deloitte is that there's a group called Omnia that does AI and machine learning-related research. I'm not convinced it's going to replace jobs; it's actually going to replace tasks. What that ultimately means is that we need to change the skills the workforce has to meet the needs of business, so in our submission we were talking about how you complement the education system in terms of creating incentives to increase training and improve the skills outcomes that workers have.