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Husic Seeks Australian Advantage in AI; Industry Calls for Faster Progress

Australian Financial Review

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Date Published
15 Dec 2024
Priority Score
3
Australian
Yes
Created
8 Mar 2025, 01:04 pm

Authors (1)

Description

Industry Minister Ed Husic will announce a National AI Capability Plan in Singapore on Monday where he is signing a memorandum of understanding on AI co-operation.

Summary

Australian Industry Minister Ed Husic plans to announce a National AI Capability Plan while in Singapore, aiming to enhance Australia's position in the rapidly evolving AI sector. This strategic move emphasizes the nation's intent to harness its competitive strengths in AI while addressing industry concerns about keeping pace with global developments. The initiative includes a memorandum of understanding on AI cooperation, underscoring Australia's commitment to international collaboration in AI advancement. The plan's implications for Australian AI safety policy and governance frameworks reflect a growing awareness of the importance of proactive measures in managing the integration of AI technologies.

Body

PoliticsFederalAIPrint articleRonald MizenPolitical correspondentDec 15, 2024 – 10.30pmSaveLog inorSubscribeto save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber?LoginIndustry Minister Ed Husic wants to target the nation’s competitive advantages in artificial intelligence with supportive policy, amid concern within industry that Australia may fail to find an edge in the lucrative but rapidly evolving sector.Mr Husic will announce a National AI Capability Plan in Singapore on Monday where he is signing a memorandum of understanding onAI cooperation.Loading...Ronald Mizenis the Financial Review’s political correspondent, reporting from the press gallery at Parliament House, Canberra.Connect withRonaldonTwitter.EmailRonaldatronald.mizen@afr.comSaveLog inorSubscribeto save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber?LoginLicense articleFollow the topics, people and companies that matter to you.Find out moreRead MoreAIEd HusicTradeSoftwareFetching latest articlesOlympic weightlifting is hard. This boss uses the 1pc rule to get it doneLucy DeanOut-of-control watch price rises give housing a run for its moneyKnow your craft: How the biggest airlines rate at the pointy endJun Bei Liu: How I learnt to speak upSally Patten and Lap PhanThe four actor ‘tricks’ giving executives more confidence‘We’ll fight’: Alex Waislitz on family battles and bad betsA last-chance tote bag and a groovy case for trumpetersEugenie KellyThis machine can bring out the creative streak you never knew you hadThis data-driven wellness retreat is a haven for high-flyersBillionaire Nicola Forrest appoints UBank boss to run family officePrimrose RiordanVictor Smorgon’s star fundie eyes 50pc returns for new fundForrest family powerbroker had alleged role in big Fortescue decisions