Artificial Intelligence: CBA, Coles, Telstra, Macquarie, Qantas, BHP CEOs on How They're Using AI
Australian Financial Review
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Details
- Date Published
- 19 Dec 2024
- Priority Score
- 2
- Australian
- Yes
- Created
- 8 Mar 2025, 02:41 pm
Description
Everyone’s doing it, but are they doing it properly? Here is a fascinating snapshot of what Australian companies are doing with artificial intelligence.
Summary
In examining how major Australian companies use artificial intelligence, this article summarizes insights from CEOs of prominent firms like CBA, Coles, and Telstra. The companies are exploring AI's potential to enhance automation and efficiency, although significant breakthroughs or widespread benefits are not yet apparent. While the article focuses on AI implementation strategies at the corporate level, it lacks a direct focus on existential or catastrophic AI risks. The article's insights are relevant to discussions on corporate governance and AI policy within an Australian context, highlighting local integration efforts rather than global AI safety threats.
Body
CompaniesChanticleerPrint articleDec 19, 2024 – 2.11pmSaveLog 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?LoginThis year, we learnt everyone’s doing AI.CEOs have their tech teams toying around with automation and artificial intelligence, trying to use computer power and software nous to do more with less. Investors are yet to see widespread benefits, but are giving their companies time and money to try to work out how to crack the code.Loading...Anthony Macdonaldis a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies.Connect withAnthonyonTwitter.EmailAnthonyata.macdonald@afr.comJames Thomsonis senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine.Connect withJamesonTwitter.EmailJamesatj.thomson@afr.comSaveLog 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 MoreChanticleerOpinionAIChanticleer CEO pollGovernanceSoftwareIT networksSharesFeaturesFetching latest articlesOlympic weightlifting is hard. This boss uses the 1pc rule to get it doneLucy DeanOut-of-control watch price rises give housing a run for its moneyKnow your craft: How the biggest airlines rate at the pointy end‘We’ll fight’: Alex Waislitz on family battles and bad betsPatrick DurkinJob appointments have never been purely merit-based: CEW chiefWhy this CEO saves creative work for after her periodNew Zealand pops its cork for one of the world’s great wine festivalsMax AllenWhy Hawaii’s data-driven wellness retreat is a haven for high-flyersA last-chance tote bag and a groovy case for trumpetersVictor Smorgon’s star fundie eyes 50pc returns for new fundAlex GluyasForrest family powerbroker had alleged role in big Fortescue decisionsEllison-run garnet mine faces punishment over unsanctioned development