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Greens spokeswoman Sarah Hanson-Young says opt-out system doesn’t acknowledge ‘how the internet actually works. Follow today’s news live

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Labor minister Andrew Charlton says Australia should adopt AI “everywhere we can”, arguing the country should be doing more to produce new artificial intelligence models - not just build more data centres or import foreign models.

In a speech to the Australian National University this morning, Charlton - the assistant minister for science, technology and the digital economy - estimates up to 20% of Australians are already paying for an AI subscription, as well as one in three businesses, for a “reasonable estimate” of between $5-8 billion and year, and rising by up to 40% each quarter.

Australia faces two tasks in the age of AI. First, use it. Adopt AI everywhere we can, to lift the productivity of Australian workers and Australian businesses.

Second, build around it. Create the companies, the capabilities, the intellectual property and the complementary assets that ensure Australians capture a meaningful share of the value AI creates.