Queensland government should embrace robotics and automation: QUT

Queensland government should embrace robotics and automation: QUT 1

The Queensland government should increase the uptake of robotics and automation to boost its economic growth, according to a report released by the Queensland University of Technology (QUT).

QUT’s The Robotics and Automation Advantage for Queensland report [PDF], which was developed in collaboration with Synergies Economic Consulting and the Queensland government, predicts that the adoption of robotics and automation in the state could result in economic growth of 1 to 2 percent over the next decade, adding between AU$37.4 billion to AU$117.5 billion to Gross State Product.

The report was released to coincide with the recent Queensland Government Future of Work — Skills and Industry Summit held in November.

The report gave recommendations to provide appropriate technical advice, especially to small and medium-sized industries; develop adequate funding sources for technical development; develop a skilled workforce; provide industry-specific adjustment support; and promote the wealth-generating potential of robotics and automation.

Coinbase 3

Embracing robotics and automation could provide anywhere between 492,950 and 1.165 million jobs by 2028, the report also said.

Read more: Atlassian paints dire future for workers in the face of automation

According to QUT vice-chancellor and president professor Margaret Sheil, it is imperative that the Queensland government, universities, and industry bodies work together to enable Queenslanders to take advantage of the opportunities of the new robotics age.

The report warned that greater use of robotics and automation within the Queensland economy is inevitable if living standards are to be maintained.

“The falling cost of robotics and automated systems means that they are now in reach of the small to medium enterprises that make up the bulk of the economy. This enlarges the scope for automation in Queensland well beyond the dominant capital heavy industries of agriculture, mining, and manufacturing that are normally associated with automation,” the report said.

QUT’s deputy vice-chancellor of research and commercialisation professor Arun Sharma, however, has said that much research into robotics has already been achieved by universities, often in partnership with the government and industry bodies.

A robotics research project is currently in development to create vision-enabled, agile, and adaptable robots that small and medium-sized enterprises can easily use to make high-value products that open export opportunities and create more jobs, Sharma said.

Earlier this year, the Australian government launched a “robotics roadmap” that aims to support the development of critical robotic and vision technologies, with the intention to modernise the economy, build national health and sustainability, and “unlock human potential”.

Dr Sue Keay, chief operating officer of the Australian Centre for Robotic Vision, headquartered at QUT, said the new report reinforced centre-led research that robotics is key to Australia attaining productivity growth and maintaining its standard of living.

Looking ahead, Dr Keay said Queensland is perfectly positioned to host a world-leading “technology cluster” to further advance development of a robot economy with national and global impact.

The Queensland government’s 2018-19 Budget, which was announced in June, also had a focus on jobs and innovation. The Budget placed an additional AU$73 million into the state’s innovation fund Advance Queensland, which brought the total amount given to the fund to AU$650 million.

Related Coverage

Bitcoin and ‘smart’ cricket balls the winners in Queensland’s AU$8.3m funding round

The state government has handed out AU$8.3 million across 70 ‘innovative’ companies, as part of its Advance Queensland initiative.

Cubic to build Queensland’s AU$371m transport ticketing system

Cubic will be responsible for upgrading the current system to allow for contactless payment via bankcards, mobile phones, and wearables on public transport.

Queensland health digitisation program runs AU$256m over budget

The cost of Queensland’s public hospitals moving to an electronic system is blowing out by hundreds of millions of dollars more than budgeted.

Queenslanders could be next to get digital driver’s licence

Pilot slated for late-2019.

Alphabet’s Verily takes its disease-fighting automated sex sorter for mosquitoes to Queensland

CSIRO and the life sciences arm of Google’s parent have teamed up to release millions of sterilised males in Queensland.

Queensland government should embrace robotics and automation: QUT 2
About the author

E-Crypto News was developed to assist all cryptocurrency investors in developing profitable cryptocurrency portfolios through the provision of timely and much-needed information. Investments in cryptocurrency require a level of detail, sensitivity, and accuracy that isn’t required in any other market and as such, we’ve developed our databases to help fill in information gaps.

Related Posts


E-Crypto News Executive Interviews


Bitcoin (BTC) $ 39,910.00
Ethereum (ETH) $ 2,292.79
Tether (USDT) $ 1.00
Binance Coin (BNB) $ 311.84
Cardano (ADA) $ 1.28
XRP (XRP) $ 0.716406
USD Coin (USDC) $ 0.999317
Dogecoin (DOGE) $ 0.207454
Polkadot (DOT) $ 14.47
Binance USD (BUSD) $ 0.999277
bitcoinBitcoin (BTC)
$ 39,910.00
ethereumEthereum (ETH)
$ 2,292.79
tetherTether (USDT)
$ 1.00
bitcoin-cashBitcoin Cash (BCH)
$ 509.15
litecoinLitecoin (LTC)
$ 138.97
bitcoinBitcoin (BTC)
ethereumEthereum (ETH)
tetherTether (USDT)
bitcoin-cashBitcoin Cash (BCH)
litecoinLitecoin (LTC)
bitcoinBitcoin (BTC)
ethereumEthereum (ETH)
tetherTether (USDT)
bitcoin-cashBitcoin Cash (BCH)
litecoinLitecoin (LTC)

Automated trading with HaasBot Crypto Trading Bots

Crypto Scams

Cryptocurrency Exchanges
Cryptocurrency Exchanges and the Plague of Scams and Bans
June 29, 2021
What Role Do Cryptocurrencies Play In The Era Of Ransomware Attacks?
June 9, 2021
Crypto Scams On The Rise As Market Enters Bull Cycle
Crypto Scams On The Rise As Market Enters Bull Cycle
December 22, 2020
Harpreet Singh Sahni perpetrated the Plus Gold Union Coin (PGUC) scam
Sydney Concert Promoter Harpreet Sahni Involved In $50M Crypto PGUC Scam
November 2, 2020
KuCoin hackers steal $150 million
KuCoin Exchange Hacked But Insurance Will Cover The Stolen $150M
September 29, 2020

Blockchain/Cryptocurrency Questions and Answers

Short-Sell Cryptocurrency
How to Short-Sell Cryptocurrency: A Brief Overview
July 17, 2021
What Is Klaytn (KLAY) And How Does It Work?
July 16, 2021
Our Crypto Roundup Interview Asks- Do Cryptocurrencies Have a Future?
July 15, 2021
What Is Solana (SOL) And How Does It Work?
June 26, 2021
What Is Plethori Platform And How Does It Work?
June 12, 2021

CryptoCurrencyUSDChange 1hChange 24hChange 7d
Bitcoin39,885 0.08 % 1.80 % 23.16 %
Ethereum2,291.8 0.15 % 0.07 % 14.37 %
Tether1.000 0.39 % 0.44 % 0.11 %
Binance Coin311.74 0.50 % 0.48 % 6.09 %
Cardano1.280 0.08 % 0.69 % 8.76 %
XRP0.7157 1.01 % 11.67 % 24.75 %
USD Coin0.9991 0.15 % 0.37 % 0.85 %
Dogecoin0.2074 0.54 % 1.78 % 8.25 %
Polkadot14.46 0.13 % 1.63 % 16.62 %
Binance USD0.9990 0.12 % 0.39 % 0.83 %

Bitcoin (BTC) $ 39,847.00
Ethereum (ETH) $ 2,289.63
Tether (USDT) $ 1.00
Binance Coin (BNB) $ 313.38
Cardano (ADA) $ 1.28
XRP (XRP) $ 0.707627
USD Coin (USDC) $ 0.999739
Dogecoin (DOGE) $ 0.208367
Polkadot (DOT) $ 14.77
Binance USD (BUSD) $ 0.999636