The Australian Council of Learned Academies (ACOLA) has been awarded $417,941 in government funding to research and report on the benefits and risks of the Internet of Things and artificial intelligence. ACOLA is an independent, not-for-profit organisationthat brings together scientists and scholars from a range of disciplines in order to inform national policy. Today it was announced the body would lead the creation of two reports: Deployment of Artificial Intelligence and what it presents for Australia and The Internet of Things: Maximising the benefit of deployment in Australia backed by $209,346 and $208,595 respectively of government funding. The AI report will examine the opportunities, risks and benefits of AI covering the “economic, social, environmental, ethical and cultural impacts that will help guide AI development in Australia over the next decade”. The IoT report will consider the opportunities and consequences of IoT and “ways to foster technological leadership while ensuring responsible deployment”. “Key findings will explore the economics of IoT, social and cultural perspectives of deployment, educational needs, governance requirements and technological standards,” the report’s brief notes. “They will each provide an evidence base to support government decision making and will help ensure the safe and responsible implementation of these transformative technologies alongside the development of research and industry capabilities to maximise the benefits across our economy,” ACOLA said in a statement. Both will be delivered within the next 12 months. The grants have been awarded through the Australian Research Council’s Linkage Learned Academies Special Projects (LASP) program Supporting Responses to Commonwealth Science Council Priorities. They are backed by the Department of Prime Minister and Cabinet and the Department of Industry, Innovation and Science. The reports are part of ACOLA’s Horizon Scanning Program – which has already explored emerging technology such as energy storage, precision medicine and synthetic biology – requested by Australia’s Chief Scientist, Dr Alan Finkel, on behalf of the Commonwealth Science Council. The research will inform the Government’s planned artificial intelligence roadmap and ethics frameworkwhich was commissioned in the May Budget papers. “We want to make sure Australia continues to be a world-leading research nation. That’s why it’s important Australian researchers are supported in exploring emerging areas of science and technology and are able to evaluate their potential future economic, social and cultural impacts,” said Minister for Education and Training Simon Birmingham in a statement. “With advances in the use of robots and machines and the internet allowing greater interaction between humans and devices, it’s vital we learn more about their possible practical applications and uses in Australia,” he added. Related content brandpost ChatGPT and Your Organisation: How to Monitor Usage and Be More Aware of Security Risks By Hayley Salyer Jun 05, 2023 7 mins Chatbots Artificial Intelligence brandpost Who’s paying your data integration tax? Reducing your data integration tax will get you one step closer to value—let’s start today. By Sandrine Ghosh Jun 05, 2023 4 mins Data Management feature 13 essential skills for accelerating digital transformation IT leaders too often find themselves behind on business-critical transformation efforts due to gaps in the technical, leadership, and business skills necessary to execute and drive change. By Stephanie Overby Jun 05, 2023 12 mins Digital Transformation IT Skills tip 3 things CIOs must do now to accurately hit net-zero targets More than a third of the world’s largest companies are making their net-zero targets public, yet nearly all will fail to hit them if they don’t double the pace of emissions reduction by 2030. This puts leading executives, CIOs in particul By Diana Bersohn and Mauricio Bermudez-Neubauer Jun 05, 2023 5 mins CIO Accenture Emerging Technology Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe