AFR Innovation Summit: Business prepares for wave of AI

Michaelia Cash, Minister for Jobs & Innovation, says Australia can handle the coming tech wave. James Thomson AFR Woodcut Jobs and Innovation Minister Michaelia Cash says Australia can manage the rise of automation and artificial intelligence without a spike in unemployment, despite concerns the local business sector is well behind foreign competitors in preparing for these trends.

Statistics suggest as many as 3.5 million jobs could be affected by AI by 2030, with research from the IMF suggesting the lowest-skilled workers will be hit hardest.

Data released at The Australian Financial Review Innovation Summit on Monday by MYOB chief executive Tim […]

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