Australia 'left behind' despite national investment into digital economy | Sky News Australia

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Despite the government's announcement of a $1.2 billion investment as part of its Digital Economy Strategy, Australia is still 'behind' neighbouring countries who already invest more into AI than we do, according to Labor MP Ed Husic.

Despite the government's announcement of a $1.2 billion investment as part of its Digital Economy Strategy, Australia is still "behind" neighbouring countries who already invest more into AI than we do, according to Labor MP Ed Husic. "In respect to artificial intelligence a lot of countries have invested and announced major investments in this space because ... there's either a $15 trillion or $22 trillion economic uptick from this," he told Sky News.

"The bulk of this is going to accrue to two nations - USA and China - and so we've been left behind. "Because despite what was announced today, we still have neighbours in our region that are spending more than us on national investments in AI. "So there is potential there to get it right - it's an important economic and national security imperative to get this right - but this is a government that's big on announcement and always stuffs up on delivery.

 

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Imagine how much further behind we'll be when the Morrison Government's Announceable of 'a $1.2 billion investment as part of its Digital Economy Strategy' proves to be as utterly lacking in substance, fake, and full of hot air as every OTHER Announceable from the Murdoch Party!

No shit Sherlock. Just look at Australia’s NBN.

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