Already a subscriber?Former CSIRO chief executive and venture capital veteran Larry Marshall says the $1 billion government investment in US-based quantum computing start-up PsiQuantum would have been better spent on a locally established company.
This was developing an “enabling core technology” and leveraged “Australia’s strengths in quantum but also in material science … how you modify materials”, Dr Marshall said. Also on Wednesday, Rod Sims, former chairman of the Australian Competition and Consumer Commission and now chairman of green economy-think tank the Superpower Institute, argued that a focus on renewable products would help repeat Australia’s China-driven resources boom.
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