Elon Musk has predicted that people "won't have to work at all" in the future. And, artificial intelligence (AI) and robotics would bring about that change, said the tech billionaire.

Catherine de Fontenay is a Productivity Commissioner. Alex Robson is deputy chair of the Productivity Commission. University of Melbourne provides funding as a founding partner of The Conversation AU.

Nvidia transformed itself with its CUDA software platform while creating a wide moat at the same time. Amazon and Apple's moats are built around customer loyalty. The abilities of Microsoft and ...