Back to Articles
I Run a $15 Billion Portfolio and This is Why Supermarket Prices Will Drop

The Courier-Mail

SKIPPED

Authors (0)

No authors linked

Description

One of Australia’s top investment fund managers predicts supermarket prices will drop at giants like Coles and Woolies. WELCOME TO HIGH STEAKS

Summary

The article claims that advanced AI technology might lead to a reduction in supermarket prices from major retailers like Coles and Woolworths. The author, a prominent investment fund manager, suggests that efficiency gains from AI could lower operational costs, which could be passed on to consumers. Although the piece touches on technological adoption, it does not specifically address existential or catastrophic AI risks. It links to broader discussions on AI's impact on industries but has limited depth in terms of AI safety or governance considerations.

Body

I run a $15bn portfolio and this is why supermarket prices will dropOne of Australia’s top investment fund managers predicts supermarket prices will drop at giants like Coles and Woolies. WELCOME TO HIGH STEAKS All your news for a great price Unlock this story and more with your subscription Full Digital Access What’s included Unlimited articles on app & web Subscriber-exclusive newsletters A digital version of Today’s paper Enjoy games & puzzles SuperCoach Plus stats & analysis while playing Pay As You Go No lock-in contract $1 for 4 weeksThen $32 charged every 4 weeks.* *Read the fine print Full Digital Access $1 charged for a duration of 4 weeks, after which it automatically renews at $32 charged every 4 weeks. Renewals occur unless cancelled as per full Terms and Conditions. Each payment, once made, is non-refundable, subject to law. Not in conjunction with any other offer. New customers only. Prices after any early discounted periods may be varied as per full Terms and Conditions. See www.couriermail.com.au/subscriptionterms for full details. 12 Month Plan Lock in and save $125 over 12 months^ $5 a week for 12 months($260 min. cost) charged as $20 every 4 weeks. Then $20 charged every 4 weeks.* ^Discount calculated in comparison to the Pay As You Go Offer on this page. *Read the fine print Full Digital Access 12 Month Plan costs $260 (min. cost) for the first 12 months, charged as $20 every 4 weeks. This automatically renews after the first 12 months to be charged as $20 (min. cost) every 4 weeks. Renewals occur unless cancelled as per full Terms and Conditions. No cancellations during the first 12 months. Each payment, once made, is non-refundable, subject to law. Not in conjunction with any other offer. Prices after the first 12 months may be varied as per full Terms and Conditions. See www.couriermail.com.au/subscriptionterms for full details. Read every article Full app & web access 24/7 Today’s paper Read the paper online exactly as it was printed Newsletters Subscriber exclusive news emails straight to your inbox News from our network Enjoy access to 11 of our news sites (exc. The Australian) Read every article Full app & web access 24/7 Today’s paper Read the paper online exactly as it was printed Newsletters Subscriber exclusive news emails straight to your inbox News from our network Enjoy access to 11 of our news sites (exc. The Australian) Pay As You Go $1 for 4 weeksThen $32 charged every 4 weeks.* Subscribe now Other subscription options Print + Digital Subscriptions Corporate Subscriptions Your Selection: $0 Your Selection – Change selection Today’s Total $0 Read the fine print Terms and Conditions Sorry, we are unable to process your request at this time. Please try again later.