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Capability 3.1.1.5
Forecasting
Definition
Models that predict future outcomes or trends based on historical and real-time data, including climate, economic, health and energy forecasting.
Examples
- Copernicus (EU)
- Prophet (Meta)
- DeepAR (Amazon)
- Flood Forecasting (Google).
Indicators
- Number of domestically developed models
- Number of papers published on model development by researchers working for Australian entities
National AI Plan
PLAN COMMITMENT
Limited commitment
See 3.1.1.1 (Computer Vision (General)). Limited commitment by government is a missed opportunity to build leverage with this existing high agency capability.
Stocktake
AI trends for healthcare. CSIRO. March 2024. https://aehrc.csiro.au/wp-content/uploads/2024/03/AI-Trends-for-Healthcare.pdf
Is the Stocktake missing evidence?
Share additional information for potential future Assessments