Economy Watch

Mark Laurence: 'Flabbergasted that AI hasn't become a political talking point'


Listen Later

Artificial intelligence (AI) should be a key election year issue especially given the technology has major potential to help improve New Zealand's productivity, says Mark Laurence.

Laurence, founder and CEO of Ten Past Tomorrow which is an AI consultancy and education business, spoke to interest.co.nz in a new episode of the Of Interest podcast.

"I'm kind of flabbergasted that it hasn't become a political talking point," Laurence says, noting AI "has become a really hot political topic" in the United States over the past six months.

He describes AI as "a general purpose technology."

"My focus is how does New Zealand, as a small, educated, economically prosperous and politically stable country, how do we become the best users of this technology where we as a nation, we're very skilled and very literate and know how to use it, know when to use it, know how to use it responsibly and ethically?"

"Because you can scale from the individual productivity to national GDP on a very clear line."

Laurence points out Singapore is spending NZ$1.25 billion over five years with the goal of tripling their AI practitioner workforce. The United Kingdom is investing US$500 million per year over the next five years with the goal of having 10 million AI literate workers by 2030. And Finland is spending €100 million per year for the next four years in AI readiness training.

So does he think getting a more AI literate NZ population needs to be government led?

"I do [think so] and I think importantly it needs to be non-partisan," Laurence says.

" Whichever party wins [the election], this needs to happen. It's like to me, it's that critical to New Zealand productivity challenges. And so yes, it absolutely needs to be publicly led."

However, he adds that in the countries making public investment he cites, private investment generally "floods in behind it."

"We [NZ] have an AI strategy which was released last year. It's pretty flimsy and really if you kind of read between the lines, it's basically saying at the moment we're leaving this to the private sector to kickstart. I do think the stimulus needs to come, the action needs to come, the motivation needs to come, from public sectors," says Laurence.

"Simply, this nation has an obsession with productivity challenges that we've developed in the last number of years. That's why I say sitting still is not a neutral option, it's a decision with consequences. The gap compounds [and] moves from being a gap to actually a chasm."

In the podcast audio Laurence also talks about how NZ businesses are working with and thinking about AI, AI training, education opportunities from AI, guardrails and regulation, the previous technological breakthrough he compares AI with, how the effect and harms of AI on children could be worse than social media, why he says "AI is going to

make lazy people super lazy and it will give dedicated people superpowers," and more.

*You can find all previous episodes of the Of Interest podcast here.

...more
View all episodesView all episodes
Download on the App Store

Economy WatchBy Interest.co.nz / Podcasts NZ, David Chaston, Gareth Vaughan, interest.co.nz


More shows like Economy Watch

View all
World Business Report by BBC World Service

World Business Report

299 Listeners

NZ Tech Podcast by Paul Spain

NZ Tech Podcast

6 Listeners

Gone By Lunchtime by The Spinoff

Gone By Lunchtime

21 Listeners

NZ Wine Podcast - New Zealand Wine Stories by Podcasts NZ / Boris Lamont

NZ Wine Podcast - New Zealand Wine Stories

2 Listeners

Social Media Strategy Podcast - Pauline Stockhausen by WorldPodcasts.com / Gorilla Voice Media

Social Media Strategy Podcast - Pauline Stockhausen

13 Listeners

The Mike Hosking Breakfast by Newstalk ZB

The Mike Hosking Breakfast

43 Listeners

Mobile Tech Podcast with tnkgrl Myriam Joire by WorldPodcasts.com / Gorilla Voice Media

Mobile Tech Podcast with tnkgrl Myriam Joire

33 Listeners

Electric Vehicle Podcast: EV news and discussions by Podcasts NZ

Electric Vehicle Podcast: EV news and discussions

8 Listeners

Equity Mates Investing Podcast by Equity Mates Media

Equity Mates Investing Podcast

61 Listeners

The Human Show: Innovation through Social Science by Paul Spain

The Human Show: Innovation through Social Science

6 Listeners

NZ Everyday Investor by Podcasts NZ / WorldPodcasts.com / Darcy Ungaro

NZ Everyday Investor

13 Listeners

The Front Page by NZ Herald

The Front Page

13 Listeners

The Detail by RNZ

The Detail

50 Listeners

ASB Investment Podcast by ASB Bank

ASB Investment Podcast

3 Listeners

The Property Academy Podcast by Opes Partners

The Property Academy Podcast

29 Listeners

The NZ Property Market Podcast by Cotality NZ

The NZ Property Market Podcast

5 Listeners

This Climate Business by Podcasts NZ / Vincent Heeringa

This Climate Business

1 Listeners

A Bit of Optimism by Simon Sinek

A Bit of Optimism

2,250 Listeners

Kiwi Foodcast by Podcasts NZ / Gorilla Voice Media

Kiwi Foodcast

1 Listeners

Keep The Change by nextAdvisory

Keep The Change

12 Listeners

Unhedged by Financial Times & Pushkin Industries

Unhedged

199 Listeners

5 in 5 with ANZ by ANZ

5 in 5 with ANZ

5 Listeners

Making Cents by Frances Cook

Making Cents

14 Listeners