New Zealand has recently unveiled its inaugural national AI strategy, aimed at bolstering productivity and augmenting the country's competitive edge globally. By 2038, it is projected that AI will contribute approximately NZ$76 billion to New Zealand's GDP. Despite this promising outlook, New Zealand still trails behind other developed economies in terms of AI readiness, with numerous businesses yet to devise plans for integrating AI technology into their operations. To address this, the government will furnish regulatory guidelines that encourage responsible AI applications while emphasizing a "light-touch regulatory" environment, thereby fostering business confidence in investing in AI.