BLUF
The Conversation argues that digital intelligence is crucial for Australian prosperity and security; therefore, the government should be prepared to provide more funding.Summary
The 2021-22 Federal Budget unveiled a Digital Economy Strategy to make Australia ‘a leading digital economy and society by 2030’. The Tufts University Digital Intelligence Index includes factors such as:
- Digital payment and logistics infrastructure.
- Internet usage.
- Regulations.
- Research.
Tufts gave Australia a current digital intelligence world ranking of 17.
The priorities of the Digital Economic Strategy are:
- Education.
- Support for small and medium enterprises.
- Cybersecurity.
- Artificial intelligence -$124.2 million over six years.
- Drones.
- Data sharing.
- Support of government services.
- Tax incentives.
Much of the current funding goes to improving MyGov and My Health Record. Improved digital intelligence is crucial to economic recovery from COVID-19. This article argues that Australia needs about 60,000 new technology workers every year for the next five years but currently produces only about 7,000 IT graduates.
References
- May 2021 InnovationAus Digital Economy: Everything old is new again
- May 2021 ZDNet Budget 2021: Digital economy strategy gets nearly AU$1 billion