A country like Australia, with its splendid landscapes and great technology offerings, including:
**Australia’s Tech and Digital Scene**:
1. **AI Leadership**: Australia is positioned at the 8th place in terms of artificial intelligence vibrancy and ranks 11th in AI readiness. Among the top 100 globally for AI research are four Australian universities ¹.
2. **Quantum Technology**: Australia has world-class quantum technology capabilities, with a citation rate 60% higher than the world average. It has developed a maturing quantum industry with leading edge work in this field.
3. **Tech Ecosystem**: Our US$167 billion tech industry is growing at 80% in just 5 years; we are truly world-leading in Software as a Service, FinTech, Cybersecurity, Quantum and Digital Games. Iconic companies like Canva, Atlassian and WiseTech are emerging from Australia².
**Challenges and opportunities:**
1. **Fragmentation**: Against the backdrop of our strengths, we tend to adopt a siloed approach in the digital ecosystem. Where we want to unlock our full potential, the complete AI ecosystem—university, research institute, the private sector, and the government—needs to be integrated.
2. **Nurturing Talent**: This will require significantly different thinking in nurturing digital talent than has been the case in the past. Substantive investment in the education, training, and skill development processes will be required if sustained growth were to be realized.
In short, Australia’s tech scene is vigorous, creative, and ready for success. ????????????????¹².
Source: Conversation with Copilot, 8/24/2024
(1) How Australia becomes a global leader in digital innovation. https://www.csiro.au/en/news/All/Articles/2021/October/how-australia-becomes-a-global-leader-in-digital-innovation.
(2) Why Australia. https://international.austrade.