Australia news live: Albanese names former News Corp executive as consul-general in New York

AI Summary

Australian Prime Minister Anthony Albanese appointed a former News Corp executive as consul-general in New York and highlighted Australia's strong position in artificial intelligence and data center investment. The government underscores the importance of safeguards in AI development while preparing for global discussions on climate, conflicts, and AI at the UN summit.

Follow the day’s news live Get our breaking news email, free app or daily news podcast The intergenerational report also said Australia was well-positioned to benefit from AI but its impact on many industries - such as the labour market - were too early to forecast. The economic and social implications of AI are expected to be profound but the specific impacts will depend on the evolution of the technology, how deeply and broadly AI is adopted, and how it will be used. Australia is a leading destination globally for data centre investment and has seen a near doubling of capital expenditure in this area since the 2023 IGR. We have a view about artificial intelligence that there needs to be appropriate safeguards put in place, and I will advocate that privately, the same as I will publicly I have a very positive and constructive relationship with the president, and I will engage respectfully and constructively with him.”The prime minister will spend the week in New York City for a United Nations climate summit, where he will also hold talks on global conflicts and AI. The world is becoming more dangerous. More unpredictable. More unequal. And more divided. These are not just individual threads but part of a bigger fraying of that intergenerational promise of better times. Yet this IGR shows we are better placed than our peers in almost every regard. The global and generational risks are serious, but Australia’s opportunities are endless. Continue reading...