Australia will reap $2.2 trillion opportunities if it doubles AI: report

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A new report indicates that Australia must double its pace for artificial intelligence and robotics automation to achieve up to $2.2 trillion opportunity by 2030. While doing this, the country must urgently prepare to support over 3 million workers who may lose their jobs. Economics and strategy consulting firm AlphaBeta has released a report, which showed that automation can take away an average four hours of work every week from Aussie workers over the next 15 years if its rate is doubled. AlphaBeta director Andrew Charlton said the reality is that automation alters every job. He explained it is not so much about the jobs, but how the jobs will be done.

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