Hassan Noura | Australia's automation opportunity
Powerful new automation technologies such as machine learning, artificial intelligence (AI) and advanced robotics are transforming the Australian economy and how we work, presenting an enormous opportunity for national and personal income growth.
McKinsey & Company published in their latest report Australia’s automation opportunity: reigniting productive and inclusive income growth that automation technologies could add up to $4 trillion to Australia’s economy over the next 15 years and provide every Australian with up to $15,000 in additional income by 2030. However, the potential scale and distributional impacts need to be carefully managed to ensure we accelerate automation and adoption in an inclusive way.