Hon. Ed Husic MP
Federal Minister for Industry and Science
The Hon Ed Husic MP is the Federal Minister for Industry and Science and has been the Member for Chifley since 2010. Rebuilding Australia’s manufacturing capacity and delivering secure, rewarding and well-paid jobs to Australians is of the highest priority for Mr Husic. Mr Husic has a strong and ongoing interest in the Australian tech and digital sector, and has been vocal about the need for the country to think ahead about the impact of technology on jobs and communities – to help industry prepare and capitalise on future opportunities. Before entering Federal Parliament Mr Husic worked in roles spanning the private and public sectors, including as National President of the Communications, Electrical and Plumbing Union and at Integral Energy (now Endeavour Energy).
Overview
We were delighted to welcome Hon. Ed Husic MP, Federal Minister for Industry & Science, as the keynote speaker at MAS 2023. Below are the key takeaways from his address.
- There are productivity growth challenges in Australia despite technological advancements.
- Focus on AI and automation. The potential economic impact, ranging from $170 billion to $600 billion by 2030. The development of Australia's National Robotics and Automation Strategy.
- Expanding role of Robotics and automation in various sectors. Changing public perception about these technologies. Generative AI and its transformative potential in automating tasks.
- Challenges in AI adoption. The need for skills and training for both individuals and organizations. The role of strong management in technology adoption among SMEs.
- Government's responsible AI adopt program, providing support and training for SMEs in AI usage. Expanding the role of the National AI Center.
- Balancing AI regulation and innovation. The importance of well-designed safeguards for smart thinking and economic growth.