Overview
Increased AI adoption could contribute an additional $200 billion annually to the Australian economy by 2030. Key industries like healthcare, mining, and agriculture are particularly positioned to benefit from AI-driven improvements in productivity, innovation, and decision-making. However, achieving this potential requires addressing challenges such as a lack of skilled AI talent, data accessibility, and a collaborative approach across sectors.
RAIL Commentary
RAIL certification plays a crucial role in unlocking this economic potential, via industry-agnostic AI education – with the option of industry-specific elective modules. The program fosters a skilled workforce capable of engaging with AI solutions across diverse applications, while also promoting responsible AI practices.
Key quotes
“Now is the time to increase our investment, skills, and participation in AI.” – Professor Toby Walsh, Kingston AI Group member and Chief Scientist of UNSW’s AI Institute.
“Many economists do not see the AI revolution creating mass unemployment, but rather, as the only way to avoid it. ”