Tech companies and investors want clear national innovation priorities to help them commercialise Australian science, and direct money and people towards the big problems the country faces in the future.
“The heart of entrepreneurship is, you pick something you think’s going to win in the future, that you create, and you don’t back everything else.” The newly formed National Artificial Intelligence Centre aims to install AI-trained people across industries, giving the widest variety of organisations ways to understand how AI can help or disrupt their business.
“Seven years ago, we couldn’t really invest in a space company,” Mr Scevak said, adding the Prime Minister needed to give permission for rocket launches because experimentation and trials were prohibited. “It’s a great time in history to attract the best people to move here, create jobs, and pay the high tax rates,” Mr Scevak said.