
Australia’s productivity is flatlining, posting the worst vitals we’ve seen in 60 years.
Politicians and chief executives are prescribing artificial intelligence (AI) like it’s the new penicillin – a wonder drug with almost magical healing powers. Prime Minister Anthony Albanese, Treasurer Jim Chalmers and the Productivity Commission all see AI as a key part of the plan to cure Australia’s productivity ills, with estimates that automation and AI could add A$600 billion to Australia’s annual economy.