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Australia's government is set to develop a National AI Capability Plan aimed at enhancing the country's artificial intelligence sector. The plan will focus on upskilling the workforce, attracting investment, and fostering innovation to boost competitiveness in the rapidly evolving AI landscape. Minister Ed Husic emphasized the importance of leveraging AI expertise to secure supply chains and strengthen critical infrastructure.
The review will assess existing support mechanisms for the AI industry and explore ways to improve AI literacy and workforce training. With around 650 AI companies currently operating in Australia, the potential for AI and automation to significantly contribute to the GDP by 2030 is substantial. However, industry leaders like Simon Bush argue that the proposed timeline for the plan's implementation is too slow given the fast-paced nature of AI advancements.
• Australia plans to enhance its AI industry through a National Capability Plan.
• The AI sector could significantly boost Australia's GDP by 2030.
The AI ecosystem refers to the interconnected network of companies, researchers, and resources that drive AI development and innovation.
Upskilling involves training the workforce to enhance their skills, particularly in AI technologies and applications.
AI literacy is the understanding of AI concepts and technologies, which is essential for effective participation in the AI-driven economy.
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