AI could add over $45 billion to New Zealand economy by 2038, minister says

( July 9, 2025, 02:16 GMT | Official Statement) -- MLex Summary: New Zealand has launched its first-ever artificial-intelligence policy, designed to boost productivity and enhance competitiveness within the country’s economy. Releasing the policy papers today, Science, Innovation and Technology Minister Shane Reti said that the initiative could add NZ$76 billion ($45.9 billion) to New Zealand’s economy by 2038, provided the country doesn’t fall behind on its readiness to embrace new technologies. The policy is designed to help the government reduce barriers to the adoption of AI, provide clear regulatory guidance and promote responsible AI adoption, Reti said in a statement accompanying the policy papers.The full statement from New Zealand Science Minister Shane Reti follows; the policy documents are attached. ...

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AI could add over $45 billion to New Zealand economy by 2038, minister says

Prepare for tomorrow’s regulatory change, today

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