There has still been no enforcement action from Australia’s under-16s social media ban despite one app allowing young people to retry their age verification 24 times in a day.
KATHERINE BENNELL-PEGG: If we can harness that ambition and desire for exploration, in our young people and across our industries, then we can shape a positive future for all Australians.
Trillions of dollars of investment into the AI boom will lift inflation and wide the gap between winners and losers in a structural shift in share market returns.
TOM RICHARDSON: The SpaceX IPO will test the ability of Elon Musk to win renewed investor support for his ability to deliver grand visions that advance humanity.
THE NEW YORK TIMES: It would lay the groundwork for one of the largest artificial intelligence company offerings that would heighten the stakes of the technology race.
A tech boss developing Australia’s answer to WhatsApp and Slack is warning start-ups will leave Australia for New Zealand because of Labor’s new minimum 30 per cent capital gains tax.
Australia already has laws governing discrimination, consumer protection, privacy, workplace safety and unfair dismissal. The task is ensuring those laws remain effective when AI becomes the instrument.
A major cybersecurity breach has compromised the personal data of tens of thousands of Australian students across schools and universities – leaving institutions scrambling.
Consumers can expect to pay more for smartphones and laptops, JB Hi-Fi boss Nick Wells warns, as the artificial intelligence-led boom in data centres squeezes technology supply chains.
AI never needs to sleep, never tries to form a union and often outperforms real people on real tasks; of course companies will want to replace human beings with this human-being-replacement machine.