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AI Elevating Australia’s Economic Landscape

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Australia launched an initiative aimed at fostering the safe and seamless integration of Artificial Intelligence (AI) into the operational frameworks of its businesses. Spearheaded by the Minister for Industry and Science, Ed Husic, the Australian Government’s Artificial Intelligence Adopt Program is set to allocate AU$17 million to establish up to five AI Adopt centres strategically positioned across the country.

The program invites applications from Australian businesses, research institutions, and industry partners equipped with the expertise to deliver comprehensive training and upskilling packages tailored to the unique needs of businesses. These centres, strategically aligned with the key priority areas outlined in the National Reconstruction Fund, will serve as hubs of excellence, each dedicated to specific industries.

The primary objectives of the AI Adopt Program are threefold. Firstly, the centres aim to showcase the innovative capabilities that AI can unlock, providing a tangible demonstration of the transformative potential of this cutting-edge technology.

Secondly, they will offer guidance on the responsible and efficient adoption of AI, helping businesses navigate the complexities of integrating AI into their existing workflows. Finally, the centres will provide specialised training to cultivate the skills necessary for effectively managing AI, ensuring that businesses are well-equipped to harness its potential.

Crucially, the training offered by these centres will be provided free of charge to eligible businesses, removing financial barriers and democratising access to AI education. This move aligns with the broader mission to democratise AI and empower a diverse range of businesses, regardless of their size or financial resources.

The establishment of these AI Adopt centres is a strategic move to complement the existing infrastructure, such as the National Artificial Intelligence Centre, and actively participate in the Responsible AI Network. This collaborative approach ensures that businesses not only benefit from localised expertise but also contribute to a broader national and international dialogue on responsible AI practices.

Minister Ed Husic emphasised the transformative potential of AI, citing its ability to enhance productivity and address key challenges faced by Australia. He highlighted the role of the AI Adopt centres as a crucial front door for businesses seeking guidance on AI integration.

The Minister stressed that the investment of AU$17 million demonstrates the government’s commitment to positioning Australia at the forefront of AI adoption, enabling businesses to gain a competitive edge on the global stage.

The AI Adopt Program, building on the Australian Government’s ongoing efforts, represents a milestone in fostering the safe and responsible use of AI across the national economy. With applications open until January 29, 2024, interested parties have the opportunity to be part of this transformative initiative. The program website, https://business.gov.au/aiadopt, serves as a comprehensive resource for those seeking more information about the application process and program details.

The Australian Government’s AI Adopt Program marks a significant stride toward realising the full potential of AI in the country. By strategically establishing AI Adopt centres, the initiative not only addresses the immediate needs of businesses but also lays the foundation for a sustainable and responsible AI ecosystem. The government’s commitment to providing free training underscores its dedication to inclusivity, ensuring that businesses of all sizes can harness the power of AI for innovation and competitiveness in the global landscape.

OpenGov Asia reported earlier that in a thorough report by the National AI Centre, Australia is poised to solidify its stance as a global frontrunner in Artificial Intelligence (AI) by strategically transforming cutting-edge AI research into lucrative commercial prospects.

Published during the inaugural AI Month in Australia, the report, commissioned by the National AI Centre, housed within CSIRO (Australia’s national science agency), highlights a significant revelation: while Australia contributes 1.6% of global AI research, only 0.2% of global AI patents originate from within the country. Securing patents for indigenous research becomes pivotal in harnessing Australia’s innovations, amplifying its global competitiveness on the AI frontier.

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