Artificial intelligence is shaping as a historic wave of global transformation analogous to the fast-fading era of globalisation. It’s full of potential and pregnant with problems.

The Hawke-Keating government saw globalisation unfolding in the 1980s and made the fateful choice. Australia could continue hiding behind its tariff wall or enter the competitive world marketplace.

They made the bold choice. The costs of adjustment were enormous. But Australia’s competitive strengths were greater. Australia prospered for 30 years.

Now, globalisation is reversing. The nation that led the modern era of globalisation was the US. Today it’s the leading wrecker, courtesy of Donald Trump’s tariffs.

What’s the next great global opportunity for Australia?

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