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