The Fourth Industrial Revolution driven by the convergence of digitalization, robotics, and additive manufacturing is promising to herald a new era in production efficiencies and productivity. This is expected to not only result in reduced costs and enhanced product development, but eventually it could fundamentally alter the role of labour in the entire global economy. The resulting disruptions are not without risk and, if not properly managed, could spur greater income inequality as well as the disenfranchisement of large sectors of the workforce. How can such potential negative effects be addressed and what role can governments play to ensure smooth transitions in labour markets? How should businesses adjust their strategies, if at all, to take into account the potential social impact resulting from Industry 4.0?