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Showing posts from December, 2023

Preparing Graduates for the Disruptive AI-driven Economy: Strategies for Australian Universities

  Preparing Graduates for the Disruptive AI-driven Economy: Strategies for Australian Universities -  Dr Kumar Biswas, Senior Lecturer, UOW   By the end of 2030, artificial intelligence (AI), one of the most disruptive and influential technologies of our time, is projected to contribute  US$15.7 trillion  to the world economy, surpassing the combined current GDP of China and India. This is reflected in The  Australian’s 2024 CEO Survey,  which unveils how the leading Australian companies, including Telstra, CSL, CBA, and Macquarie Group, have been leveraging AI to boost productivity, accelerate product development, and bolster cybersecurity in the face of escalating operational costs and regulations. A consensus has emerged that AI is a crucial lever to enhance flatlining productivity, address the continued economic slowdown, and streamline workforce and operational management. Australian companies have been using broadly AI technologies such as Op...