We all talk of the digital revolution, but what does this actually mean? Most cultural revolutions have lead to wholesale change in the way the world functions. So what changes are coming and how do we plan for them, harness the opportunity and proactively shape this new world order?

Edinburgh has what is called a 'dromedary economy' - the double hump curve that tracks earnings to jobs. This means we have a bulk of people in low paid jobs and a bulk in high paid jobs, with an unfortunate dip in the middle which shows a lack of mid salary jobs.

It's nigh on impossible to progress along the curve from low to high earnings because at each end, there are distinct sectors and skills which are currently disconnected. This results in many bright and capable individuals becoming disenfranchised and trapped in jobs with no prospect of progression.

This double hump economy is certainly hindering equality and will not lead to an inclusive economy that promotes fair opportunities. However, business and profit should not always be seen to drive the wedge between the rich and poor, as profitable business does drive economic growth and in turn create jobs and wider opportunities.

What we need is a clear Industrial Strategy to support the start-up and scale of businesses and commercialise the world leading innovation we have in Scotland. These innovative, technology savvy businesses will create new jobs with skills required in coding, communication, programming and many soft skills which are essential for growth. Such jobs will flow from the data driven innovation from our universities, who are world leaders in artificial intelligence, robotics and informatics.

And our education sector must respond to this. Not just by equipping young people with the skills needed for our future economy, but my promoting life long learning to ensure everyone has the opportunity to progress and contribute. Millennials aren’t looking for a job for life; they will have many careers and will develop transferable skills to support this.

This is a game changer for Scotland. As an entrepreneurial base driven by innovation, we can create a skilled workforce and provide equal opportunities – shaping the new-world economic model.

We have the innovation in our universities and the expertise in our business community. Now we need leadership and a plan, and the business community must step up to the plate to drive this. It's there for the taking.

Liz McAreavey is chief executive of Edinburgh Chamber of Commerce.