Australia’s Energy Transition Australia’s energy sector is undergoing a period of massive transition. To reach the nominal goal of having an energy sector with net-zero emissions by 2050, the sector is being decarbonised, distributed, digitised and democratised. However, the three limbs of energy policy – price, reliability and emissions – still remain challenges. Many aspects…
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The idea of robots taking our jobs is not radically new.
But artificial intelligence (AI) is now completely reorganising the global economy. Some estimates of productivity-driven economic growth conclude that AI will contribute approximately $US16 trillion to the global economy by 2030.
Just a few years ago, artificial intelligence was the stuff of science fiction, but scientists say the day when it becomes commonplace is fast approaching.
Some estimate that by 2030, the industry could be worth more than $22 trillion globally. But a major report released today suggests Australia may miss out unless it implements a national strategy to ensure the country takes advantage of the emerging technology.
Professor Neil Levy, Macquarie University
Dr Alan Finkel, Australia’s chief scientist
Associate Professor Matthew Garratt, UNSW Canberra
Regional universities have called on the federal government to include support for research in regional development funding, arguing that producing relevant research was a stimulus for local economic development.
Artificial Intelligence (AI) can enhance Australia’s wellbeing, lift the economy, improve environmental sustainability and create a more inclusive and fair society, say the authors of a major report on AI. However, AI also comes with important global risks including unemployment, cyber-crime and the development of AI enabled weapons. Australians need to decide what kind of AI-enabled future we want, as the future impact of AI on society will be determined by decisions made today, say the authors.