An OpenAI-funded report claims Australia can add $142 billion to the economy by 2030 – a four per cent GDP lift -- if the technology is adopted widely and fuels new domestic capabilities and export industries. The potential AI export industry would require a leap in infrastructure investment from current levels but is estimated in the report to be worth $3 billion alone in annual exports of compute to the Asia Pacific and in training global frontier models. Another $6.3 billion of exports could come from selling software and $1.3 billion more from educating international students in AI.
Joseph Brookes is a Senior Reporter at InnovationAus.com. He covers a range of topics including technology, innovation, and the impact of digital transformation on various industries. Joseph's insightful reporting has been featured in multiple publications, highlighting his expertise in the evolving landscape of innovation.












