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Australia’s 4.6% decline in labour productivity driven by pandemic, low unemployment rate

The Productivity Commission’s 2023 Bulletin has revealed that the 4.6 per cent fall in labour productivity for the 12 months to March 2023 is brought about by the unwinding of COVID-19-related effects and historically low unemployment rate.
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Data-rich or data-poor: Where should manufacturers focus their AI efforts?

Over the past year, manufacturers worldwide have made significant strides in adopting artificial intelligence technologies, moving beyond the initial hype to tangible implementations that deliver real business value.