Industry News

NZ fintech sector out pacing rest of the world

New Zealand is the least corrupt country in the world, but it needs to learn from larger fintech markets like Australia, Singapore and London and more rapidly adapt to technologies such as blockchain and crypto-currencies, a Kiwi fintech expert says.
Industry News

AI will transform life like the arrival of electricity

Artificial intelligence (AI) will transform lives of New Zealanders just like the arrival of electricity 130 years ago, according to a landmark new research report released today. The report says AI has the potential to increase New Zealand’s gross domestic product by up to $53 billion by 2035 across 18 industries.
Industry News

AI tech at tipping point

AI is being increasingly used to make lives easier and more productive. The potential of AI can be found across every facet of society, including business, entertainment, finance, health, manufacturing and more, he says.
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AI will not result in catastrophic job losses

The arrival of artificial intelligence into businesses and society are not likely to produce anywhere near the number of job losses most people think, a new AI research report says. Instead, AI may help address potential labour shortages and solve looming demographic challenges. The Artificial Intelligence Forum of New Zealand (AIFNZ) research report released last … Continue reading "AI will not result in catastrophic job losses"
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Concerns about potential AI bias

Most New Zealanders are ambivalent about artificial intelligence and its impact on the future, but new research has found 68 percent of respondents in a national survey were concerned about the potential for AI to make biased, unfair or inaccurate decisions. Details of the survey have been released today in the Artificial Intelligence Forum on … Continue reading "Concerns about potential AI bias"
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NZ, get ready for the AI tidal wave

Artificial intelligence (AI) is expected to deliver economic growth and productivity improvements but will impact some people’s jobs according to new research that is being pulled together for a leading national report to be released on May 2.
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Kiwi company selected in women-only Australian tech accelerator

A New Zealand start-up company, RIP Global, is among eight companies to be selected for the next women-only Springboard Enterprises Australia (SBE) accelerator programme. SBE Australia, a not-for-profit with the first female-only startup accelerator in Australia, says the founders, lead successful businesses in industries including healthtech, agritech, real estate, wellness and fashion.
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Tech will have profound impact on NZ agriculture

The New Zealand IoT (internet of things) Alliance believes cutting-edge technologies will have a profound impact on helping improve New Zealand’s agricultural productivity. Alliance executive director Kriv Naicker says a major study into the potential benefits of IoT last year found that better use of IoT across agriculture could provide more than $570 million for … Continue reading "Tech will have profound impact on NZ agriculture"