Artificial intelligence: Productivity roundtable can be AI’s ‘Team Australia’ moment
In the lead-up to the Australian government's highly anticipated Economic Reform Roundtable, artificial intelligence has emerged as a central and fiercely debated topic. The discussion, framed by some as a potential "Team Australia" moment, aims to harness AI's power to lift the nation's flagging productivity while also addressing significant risks to jobs and social equity. With productivity growth at a 60-year low, the stakes couldn't be higher. The three-day event, convened by Treasurer Jim Chalmers, has brought together a diverse group of stakeholders, including business leaders, union representatives, and academics, to forge a consensus on the path forward.
A report by the Productivity Commission has been a key document in the lead-up to the roundtable, suggesting that AI could inject A$116 billion into the Australian economy. The report, alongside calls from groups like the Business Council...