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Australia is significantly falling behind in global AI race, warns billionaire Scott Farquhar

Scott Farquhar warns Australia faces losing its AI competitive edge. He urges investment in research, infrastructure, and policy. AI could boost the economy by $115 billion by 2030. Farquhar calls for copyright reform to enable AI training. He acknowledges job displacement but emphasizes long-term benefits. He wants the government and businesses to prioritize AI development.
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