Australia’s dropping a National AI Capability Plan to level up its AI game by boosting skills, research, and investments. The goal? Strengthen supply chains and rake in billions for the economy by 2030. But critics say the 2025 deadline is too slow for AI’s fast pace. Time to speed things up!
Australia’s getting serious about AI with its new National AI Capability Plan. The plan is aiming to boost its AI industry and catch up with global competition. The plan’s focus? Upskilling the workforce, driving innovation, and attracting investments to secure the country’s supply chains and critical infrastructure. It’ll also review current government support to see if it’s helping or holding things back.
The plan’s set to wrap up by 2025, but some experts aren’t thrilled with the timeline. Simon Bush, CEO of the Australian Information Industry Association, says the review needs to be done by July 2025 because waiting until 2027 could be too late in the fast-moving world of AI.
Australia has around 650 AI companies already, but to really make a mark, it’ll need to up its game. AI and automation are predicted to boost Australia’s GDP by hundreds of billions by 2030, so there’s big potential. The plan will also aim to increase AI literacy and identify key research areas across universities and businesses.
The clock’s ticking, and while Australia’s making moves, it needs to act fast to keep up with the AI boom. 💡🔍
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