Australia's Productivity Commission Chair Danielle Wood on:
- why AI probably won't cause a jobpocalypse,
- how Australia can get a piece of the AI action,
- why profits may not flow to the model layer of the stack,
- and why Australia shouldn't follow the EU in legislating an AI Act -- even if AI turns out to be an "abnormal" technology.
Watch below, or wherever you get your podcasts. Enjoy!
Timestamps:
(0:00:00) – Introduction.
(0:01:43) – Is AI as big as the Industrial Revolution?
(0:06:35) – The labour market implications of AI
(0:21:18) – Industry policy for AI: when to intervene, when to step back
(0:31:27) – Where will the profits flow? Chips, models, or applications?
(0:52:37) – Data centres: should Australia support them?
(1:15:07) – AI risks, and why Australia shouldn't pass an AI Act
(1:23:27) – Measuring progress in the age of AI: beyond GDP and labour productivity