Albanese weighs in on the AI economy
About this episode
Prime Minister Anthony Albanese discusses the transformative impact of AI on the economy and the implications of CEO earnings in Australia.
Prime Minister Anthony Albanese has told Australians that it is not a matter of if - or even when - artificial intelligence will transform the economy. Instead, the question is how that change will happen. Meanwhile nearly 200 international economists and tech leaders have signed a statement urging policy makers to take AI’s impending economic impacts seriously. So how might the government’s new AI framework allow Australia to be more than a ‘data warehouse’? And according to the Australian Council of Superannuation Investors’ annual study, the average ASX-100 CEO earned over fifty times more than the average full-time wage during the last financial year. But what does it mean for the Australian economy if half of the highest earners in ASX-listed companies are based overseas? Daniel Ziffer and ABC News Business Editor Michael Janda break it all down on ABC Business Daily. You check out the articles from Alan Kohler and Nassim Khadem mentioned on today's pod. Got a burning business question? We'd love to hear your questions! If there’s business and economic news that has you stumped or you'd like further insight into, we're here to help. Send a short voice recording to the team…
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