Australia is on the brink of launching its own artificial intelligence (AI) initiative, with Maincode CEO Dave Lemphers leading efforts to develop a sovereign large language model named Matilda. The ambitious project, supported by Australian billionaire Ed Craven, aims to establish a competitive presence in the global AI landscape dominated by giants like OpenAI and Google. Lemphers anticipates that Matilda could be released by the end of 2023.
Lemphers describes the current AI landscape as a defining moment for Australia, likening it to a new industrial revolution. He emphasizes that countries must either embrace AI technology or risk missing out on significant opportunities. In an interview with 7NEWS, he stated, “You’re either on the AI ship, or waving its opportunities goodbye,” highlighting the urgency for Australia to act.
Concerns Over Foreign Influence
One of Lemphers’ main concerns is the influence of foreign AI on Australian values and culture. He argues that current AI systems do not adequately represent the unique perspectives of Australians. “If that continues in the future, all of our decisions that are being made through foreign AI will also influence the way we think and act,” he warned, describing this scenario as a “terrifying situation.”
His apprehension is partly fueled by recent developments, such as CommBank‘s partnership with OpenAI. The bank plans to collaborate with the US-based company to enhance its fraud detection and personalize customer services. Lemphers expressed alarm at the implications of this partnership, suggesting it could lead to sensitive banking data being accessible to a foreign entity. “If that doesn’t terrify people, I don’t know what should,” he remarked.
Unlocking Economic Potential
Despite these concerns, Lemphers remains optimistic about the potential benefits of AI for Australia’s economy. A report from the Productivity Commission estimates that artificial intelligence could contribute at least $116 billion AUD to the nation’s GDP over the next decade. Lemphers believes this figure is conservative, asserting that the true economic impact could be far greater.
“It’s understated and it lacks vision for what this capability can actually unlock in Australia,” he said. He envisions a future where access to AI technology will create disparities between those who own AI tools and those who do not. “It’s only going to be for the people who own the AI,” he explained. This sentiment reflects his call for Australia to invest in its own AI capabilities to avoid becoming overly reliant on foreign technology.
As Maincode pushes forward with its plans for Matilda, Lemphers aims to foster a sense of urgency around the need for local AI development. He believes that without a significant domestic presence in the AI sector, Australia risks falling behind in a rapidly evolving technological landscape.
With Matilda poised to enter a competitive arena dominated by established players, the endeavor represents not just a business opportunity but a critical step for Australia in asserting its place in the global tech race. As the country prepares for this potential game-changing moment, all eyes will be on Maincode’s efforts to navigate the challenges ahead.
