Is NZ an outlier when it comes to artificial intelligence?

Slow uptake of new technology in NZ may limit short-term productivity gains from AI, an analytical note published by the Treasury warns. (Image: Getty)

Rebecca Howard

Tue, 16 Jul 2024

According to an analytical note published by the Treasury, New Zealand may lag behind its peers in achieving substantial short-term productivity gains from artificial intelligence.The note said that a traditionally slow diffusion of new technology and low levels of investment in intangible capital could be barriers to realising the benefits of artificial intelligence (AI). The authors cite research that suggests NZ “is an outlier in the uptake of advanced digital technologies, and digital innovation lags compared to other advanced e...

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