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AAP
AAP
Politics
Sebastian Tan

RARE PHOTOS: Embrace ai or suffer atlassian billionaire s warning - The Real Truth

Tech billionaire Scott Farquhar has urged Australia to gear up for the AI 'industrial revolution'. (Mick Tsikas/AAP PHOTOS)

Australia has a big opportunity to develop artificial intelligence, but the technology could have major economic ramifications if firms and governments don't adapt, a billionaire entrepreneur has warned.

Scott Farquhar, the co-founder of tech giant Atlassian, said Australia was on the edge of a "great industrial revolution" with AI in a speech to the National Press Club on Wednesday.

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