ACS is proud to bring the Reimagination Thought Leaders’ Summit 2016 and Digital Disruptors Awards to Sydney on 1 December 2016. The purpose is to bring together leaders from the technology industry, the wider business sector, the education and research communities and the political sphere to advance the conversation on entrepreneurialism, innovation and competitive advantage for Australia to create a vibrant and innovative technology sector able to take advantage of opportunities to prosper in the digital and knowledge economies.
We know that artificial intelligence, big data, automation and other technology areas offer the nation the ability to create new products and services across multiple sectors. Having said this, issues around digital literacy across the broader population exist along with a decline in education standards combined with disruption across traditional business models. This raises questions about whether Australia can leverage opportunities such as these.
IBISWorld predicts that 10 out of Australia’s 19 industry sectors will either be transformed or derive significant benefits from ICT by 2050, while 40% of current jobs have been identified as having the potential to be replaced by automation. There is a clear need for Australia to foster practical adoption of innovation and entrepreneurialism not just so that our country isn’t a significant loser on the global stage, not just to compete on the global stage but how we can contribute and become a global leader.
To support Australia in this transition and on this journey, assuring the pipeline of future ICT human capital is a critical challenge to driving productivity and to enhance standards of living for developed economies, as well as raising standards of living for developing economies.
The Reimagination Thought Leaders’ Summit will feature international and Australian leaders that will provide practical know how, critical thinking and their views and opinions on how Australia can flourish and prosper in the digital future and knowledge economy.
“Creative destruction is good news. Better products take market share from inferior ones, more nimble and innovative companies displace slow and sleepy older ones, and entire industries — like those for cameras, film, and standalone GPS devices — can be swept away by something as simple as a smartphone. This process should be encouraged, even though it’s not pleasant for all parties involved, and even though it leads to job loss and worker dislocation.“
Andrew McAfee, Co-Director, MIT Initiative on the Digital Economy Principal Research Scientist, MIT Sloan School of Management