New Zealand unveils 1st national artificial intelligence strategy
AI could contribute up to $45.76B to country's New GDP by 2038, according to science minister

ANKARA
New Zealand on Tuesday unveiled its first national artificial intelligence (AI) strategy, aiming to boost productivity and drive economic growth, state media reported.
Science, Innovation and Technology Minister Shane Reti announced the much-awaited initiative, highlighting that AI could contribute up to $45.76 billion to the country's New GDP by 2038, Radio New Zealand reported.
Titled Investing with Confidence, the plan has been met with enthusiasm from the business sector, but concern from critics who say it sets a "dangerous path forward" and is "worryingly light" on ethical considerations.
Noting that Wellington is currently lagging behind other advanced economies in AI readiness, Reti observed that many businesses yet to embrace the technology in the country.
The government's approach, Reti added, is designed to foster AI adoption by reducing regulatory barriers, offering clear guidance, and encouraging responsible innovation, Reti said.
"Artificial intelligence represents one of the most significant technological opportunities of our time," he said, adding, "For New Zealand, embracing AI is not merely an option - it is essential."
Emphasizing a light-touch regulatory environment to give businesses confidence to invest in the AI technology, the strategy stressed the potential for private sector innovation to unlock new products and services, enhance efficiency, and improve decision-making.
The government has also released Responsible AI Guidance, supporting businesses in the safe and innovative use of AI, the minister said, adding existing laws will be used to manage associated risks and concerns.
Andrew Lensen, an AI researcher from the Victoria University of Wellington, however, said the government's AI Strategy is heavy on economic growth opportunities but "worryingly light on the ethical and societal issues of AI."
"Having 'Principles' is not nearly sufficient to reduce AI-induced harm, bias, and inequity - we need clear legislation and well-resourced enforcement mechanisms to ensure AI does not further harm New Zealanders," Lensen said.
* Writing by Aamir Latif
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