The Productivity Commission believes Australia is not well positioned to produce its own advanced artificial intelligence models and doubts the productivity benefits of “activist government ‘sponsorship’” across the AI value chain.
Instead, the government should focus on encouraging safe AI adoption across the economy by providing regulatory clarity and certainty while acting as an exemplar user of the technology.
The government think tank made the argument in one of three research papers on ‘making the most of the AI opportunity’ released on Thursday night.
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