NextDC chief executive Craig Scroggie understands why tech policy was not high on the agenda during the federal election campaign. Agentic AI can do a lot, but it canβt touch voters in the same way that a cost-of-living squeeze can.
But now that the circus is over, Scroggie hopes the returned Labor government takes advantage of the βstunningβ opportunity that the coming years present.
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βWe will see more change in the next two to three years than weβve seen from the last decade,β Scroggie said yesterday at the Macquarie Australia Conference, hours after his $9 billion data centre company announced a 30% rise in contracted utilisation thanks to AI demand.
It is not just that there is an oncoming AI-powered tidal wave of growth β it's that Australia is actually in a good position to surf it.