Description

Australia has climbed one place in global digital competitiveness rankings, helped by AI research prowess and its front-footed policy making for the technology, as other indicators stagnate. The latest edition of the World Digital Competitive Ranking by the International Institute for Management Development (IMD) puts Australia in 15th position, up from 16th of 67 in 2023.The rankings, released on Thursday, show the country’s relative strengths lie with its credit rating (1), the net flow of international students (2) and the ease of starting a business (5).

Summary

Australia has improved its position in the global digital competitiveness rankings, climbing to 15th place, largely due to advances in AI research and proactive technology policy making. The World Digital Competitive Ranking by the International Institute for Management Development highlights these factors as central to Australia's slight improvement, while other areas remain stagnant. The country's success in AI showcases its potential to overcome broader competitiveness challenges. These developments reflect a strategic focus on AI that can impact both national and global technology governance structures, suggesting a positive trajectory in managing AI's integration into society.

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