New Zealand's AI strategy to drive economic growth

The New Zealand government's newly adopted Strategy for Artificial Intelligence paper is seen by many as the first step toward unlocking the transformative potential of AI.

Minister for Science, Innovation, and Technology Shane Reti welcomed the July 8 report with a statement saying AI will "boost productivity and grow a competitive economy".

AI has the potential to add NZ$76 billion ($45 billion) to the New Zealand economy by 2038, he said.