Australia's 40-year economic outlook highlights AI revolution, omits crypto

The Australian Treasury released its Intergenerational Report on September 22, identifying artificial intelligence as one of five major economic transformations over the next 40 years. While the report emphasizes the growing autonomy and power of AI agents, it makes no mention of cryptocurrency. Coinbase Australia Country Director John O'Loghlen noted that the report overlooks the financial infrastructure required for these AI agents. Although the report excludes digital assets, the Reserve Bank of Australia has recently increased its focus on tokenized finance, which the Digital Finance Cooperative Research Centre estimates could generate 24 billion AUD in annual economic benefits.