Embrace AI or suffer: Atlassian billionaire’s warning

A billionaire entrepreneur, Australia has a great opportunity to develop artificial intelligence, but technology may have great economic consequences if companies and governments do not adapt.
Scott Farquuhar, the founding partner of Technology Giant Atlassian, said that in a speech to the National Press Club of Australia on Wednesday, AI was on the edge of the “Great Industrial Revolution”.
Authorized, using the current AI infrastructure by 2030 to the Australian economy can contribute up to 115 billion dollars a year, he said.
In August, when the development of artificial intelligence is on the agenda to increase productivity, the government is preparing for an economic round table.
“The scorbord of the AI period is empty, Mr Mr. Farquhar said.
“The race still continues and Australia has everything to play.”
Farquuhar, Australia’s efficiency with artificial intelligence is in the data centers, he said.
Data centers are large facilities that process data from cloud servers with complex operations that serve millions of customers.
Farquuhar, Australia’s strategic position near Southeast Asia, as well as having too many land, the country’s AI warehouse can lead to the world leader, he said.
He asked the government to change copyright laws to increase the capacity of AI to give exceptions for text and data mining.
The US and Europe have exceptions for text and data mining, which means that AI can make and make conscious decisions when it is assigned to complete an action effectively.
Farquuhar said, “What is great in what they do, there are great opportunities in creating content to sell in a completely new way,” he said.

Atassian said it would be replaced with AI by interrupting 150 work on Wednesday.
When asked the effect of AI’s elimination of work, Mr. Farquhar said it was inevitable.
He compared the arrival of AI to the introduction of electric trains after the Bukomotive period, and that at that time he was worried that people would lose their jobs and that he had advanced the country in the long run.
Farquuhar, AI’s role in contributing to research and development in Australia, large enterprises, small companies and technology companies needed to lead to lead.
Farquuhar said, “The amount we spend is an early canary about how productive and innovative we will be in the next decade,” Farquuhar said.
“Large businesses (research and development) in Australia fall behind their investments.”
Michele O’Neil, President of the Australian Unions Council Council, said it is important to improve productivity, but artificial intelligence is not at the expense of getting business.

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