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Artificial intelligence could create 44k jobs, deliver $116bn economic boost
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PerthNow
NewsWire / Luis Enrique AscuiModelling from EY-Parthenon forecasts AI gains, particularly in construction and warehousing, could revive Australia’s ailing productivity levels.
The EY-Parthenon report finds AI could deliver “a much-needed productivity lift” over the next 10 years, adding $95bn-$116bn to the economy.
NewsWire Credit: News Corp AustraliaAustralia’s labour productivity growth has slowed since 2016, flattening increases to real wages and overall living standards.
Australia’s real per capita GDP growth rose considerably from the early 1980s into the new millennium under the Hawke, Keating and then Howard governments.
Camera Icon Australia's labour productivity growth rate has steadily decreased for the past decade.