In recent years, Artificial Intelligence (AI) has been labelled as part of the fourth industrial revolution, with industries in Australia seeing a .. Read more surge in investment in AI technologies. Investment in AI capabilities in Australia is projected to grow to AU$1.98 billion (US$1.42 billion) by 2025, that’s a compounded annual growth rate (CAGR) of 22 percent per annum from 2016’s AU$333 million (US$239 million) figure. AI will drive enormous budget savings in Government Administration, National Security, Healthcare, Education, Financial Markets and services, Mining, Infrastructure and Logistics. With this in mind, Future AI Summit Australia 2021 brings Government agencies and industry leaders to advance discussions and share key learnings in advancing their AI journey to gain a competitive advantage and adapt to a world driven by AI. When it comes to implementing AI, companies in Australia possess a maturity level and comfort with implementing AI to achieve their business goals.
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