Australia - E-Health, E-Education, E-Government

Australia - E-Health, E-Education, E-Government

Digital productivity the next frontier in the economy Smart Societies based on Artificial Intelligence Artificial Intelligence (AI) developments are accelerating, and astonishing innovations will emerge during the next few years as more companies enter this sector and spend money on developing it. AI applications are already being used in healthcare and gaming, to name just two sectors adopting this cutting edge technology. These processes are already underway through global interconnection, facilitated by technologies such as the internet, broadband, smartphones and mobility. More importantly for these particular developments is data analytics through M2M (machine-to-machine), which allows for better management of the various aspects of our society. This will lead to interaction between these two developments – and even integration, merging humans and machines. Artificial intelligence has made this increasingly possible. Some of the predictions and scenarios discussed might not be exactly right, as we are pushing the boundaries of our current level of knowledge. Some issues could attract strong responses from those with different views, and most likely some of the predictions will end up producing completely different outcomes. But what really matters is the discussion itself. Sector and industry transformation The digital economy began to take hold a decade or so ago, and some organisations were quick to react, while others were slow. The naysayers saw the impact of the internet on their business as a fad that would soon fade away; others, such as Google, Amazon, Facebook and Yahoo, saw it as the new business model. A decade later it is clear who was right and who was wrong. The digital economy is here to stay and those who fail to participate will become the road-kill on this superhighway. One of the real threats to traditional business is that those who are embracing the digital economy have an...