In this insightful discussion, Jon Whittle, Director at CSIRO, unveils the complexities of AI and its real impact on productivity. Jovan Kurbalija from the Diplo Foundation introduces 'Magic Realism' as a novel approach to AI regulation, emphasizing the importance of balancing creativity with governance. Andreas Schleicher, from the OECD, highlights alarming declines in literacy and problem-solving skills, raising concerns about technology's role in widening skill disparities. Together, they navigate the intertwined futures of technology, education, and societal evolution.