Media contributions
1Media contributions
Title EXPERT REACTION: National AI plan shifts away from 'mandatory guardrails Country/Territory Australia Date 2/01/25 Description The Plan’s growth-first emphasis matches what AI is expected to deliver: targeted efficiency gains rather than economy-wide step changes. In financial services, our research on robo-advice in wealth management shows systems automate routine portfolio tasks, scale advice and reduce behavioural biases, improving portfolios without major job loss. Generative-AI-enabled advisory is expected to dominate retail investment services by 2028, driving significant efficiency gains in finance, but Australia will need to accelerate adoption to keep pace. URL https://www.scimex.org/newsfeed/expert-reaction-national-ai-plan-shifts-away-from-mandatory-guardrails Persons Farida Akhtar