Public Anger Over AI Could Derail Strategy: Telstra
Australian Financial Review
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Details
- Date Published
- 6 Sept 2025
- Priority Score
- 3
- Australian
- Yes
- Created
- 8 Sept 2025, 07:12 pm
Description
Executives are happy to talk up the benefits of artificial intelligence. But their corporate filings show worries about “workforce displacement” and far worse.
Summary
The article highlights concerns from Australian corporate leaders about the potential risks and impacts of artificial intelligence on workforce displacement and organizational strategy. Telstra and other companies express worries over public backlash against AI, which could hinder strategic initiatives. The content underscores AI's dual potential for productivity gains and the threat of job displacement. This discussion is relevant in the context of global AI governance, as companies grapple with balancing innovation against societal concerns. The article does not deeply explore existential risks but provides insights into corporate apprehensions in Australia, relevant to AI policy and governance frameworks.
Body
Edmund TadrosProfessional services editorSep 7, 2025 – 4.00pmSaveLog inorSubscribeto save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber?LoginMichael Chaney may be the most honest corporate leader in Australia when it comes to artificial intelligence. No one knows, the outgoing Wesfarmers chairman says, whether the technology will lead to a jobs-destroying dystopia, a utopia of turbocharged productivity or something else altogether. And that includes the companies developing AI.Chaney’s comments, in his penultimate letter to shareholders sent late last month, highlight the uncertainty, risk and additional costs AI has created for organisations around the world, and for local listed companies.Loading...SaveLog inorSubscribeto save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber?LoginLicense articleFollow the topics, people and companies that matter to you.Find out moreRead MoreEdmund TadrosProfessional services editorEdmund Tadros leads our coverage of the professional services sector. He is based in our Sydney newsroom.EmailEdmundatedmundtadros@afr.com.auFetching latest articlesDion Lee lost his business. He’s backLauren SamsThe one dish worth $1.4m a year to this iconic Sydney restaurantThe CEO who found her mojo when she demoted herselfHow this top lawyer made partner at 29Rachael Bolton and Mandy CoolenWhy PwC’s CEO spends every Sunday on AI ‘homework’We’ve run a 4-day week for years. Here’s what nearly killed itYou can visit this private Queensland island owned by Richard BransonNecia WildenWho needs a $4500 coffee machine? Most people, it turns outThis iconic luxury sports watch comes from a high-flyer legacyTony built a $2b company in 25 years. He’s never sold a shareJames ThomsonPratt settlement keeps Waislitz in control of Thorney empirePub king Arthur Laundy has a court double date