According to Gartner, the Australian government is enthusiastic about AI; however, Robodebt and other mistakes of the past, as well as small budgets, are forcing them to be selective.
Despite appetite in digital twins across Australia’s governments and companies, a lack of understanding about the technology is currently limiting successes with it.
Australia is struggling to compete in AI innovation. CSIRO has partnered with Google and Stone & Chalk to use a competition to inject much-needed support into the sector.
CBA is one of the most forward-thinking innovators when it comes to technology. With it now heavily invested in AI, there are some key insights on the future of banking to take from it.
Regulation could inhibit the productivity gains of AI, according to the Australian Productivity Commission in a new, lengthy and wide-ranging research report.
Self-regulation may be a necessary step for Australian organisations to maintain trust from their customers that they are prioritising privacy when collecting and using data.
The EU AI Act may force Australian businesses to implement regulations for AI or risk losing local and global business partnerships due to lack of compliance.
Australian organisations are so focused on preventing data breaches that they’re unaware that the concern of most of their customers has more to do with privacy.
IT spending in Australia is forecast to increase significantly in 2024. This means that IT pros who spend time on skills development will be able to instead focus on growth in their career.
Data governance was often pushed aside as Australian organisations rushed to capitalise on big data and AI in 2023. This year, there will be a renewed focus on the ethics of data collection and use.