Australia’s economy is at risk of ‘uberisation’ and losing its world renowned research edge without a rapid acceleration in AI investment, according to local experts that will front a Senate inquiry into the technology on Tuesday.
Kingston AI group – a collection of 14 leading AI professors – will kick of two days of public hearings in Canberra into the adoption of AI.
Amid low investment and slow regulatory reforms relative to comparable nations, the group is warning failure to encourage responsible adoption of AI has become an existential threat to the national economy.
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