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AAP
AAP
Jennifer Dudley-Nicholson

No rules, no use: Aussie firms may miss AI opportunity

The federal government has pledged to release a national AI plan before the end of the year. (Mick Tsikas/AAP PHOTOS)

A lack of rules governing artificial intelligence technology is holding Australian businesses back, a report has found, and could result in them squandering a $142 billion opportunity. 

Networking firm Cisco and the Governance Institute of Australia issued the warning on Tuesday after conducting research across multiple firms, including banks, charities, education and retail groups. 

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