Australia can be a ‘world leader in AI’

Australia can be a 'world leader in AI'

Australia can be a world leader when it comes to the adoption of artificial intelligence (AI) in the health care and financial services sectors, according to managing partner at One Ventyres Dr Michelle Deaker.

According to Genpact’s third annual AI360 report, 38% of Australian senior executives claim their organisations have invested $10 million or more in AI

Ms Deaker told Sky News Australia has “punched above its weight” when it comes to the application of AI, especially when it comes to health.

“So, the application of AI in healthcare, there is a lot of opportunity there,” she said.

“Obviously financial services… there is no much opportunity to automate many of those processes but also to bring in predictive learning and support decision making in a better way using artificial intelligence.”