By Peter Switzer
Publication Date: 2025-11-13 21:14:00
Companies are anticipating a long lag, perhaps three to five years, before the maximum impact of artificial intelligence deployment on their workforce occurs.
Currently, doubts about artificial intelligence and whether it is being overvalued, overinvested and overbought by US-dominated equity players are the reason why stock prices have been negative recently. Here in Australia, however, a study by the Reserve Bank shows that acceptance of AI is rather low.
Sure, while many people in business use programs like Microsoft’s Copilot or ChatGPT that generate answers to questions we type into our browsers, the RBA has found that adoption of AI processes in businesses “has been low so far, with almost 40 percent indicating minimal use to date.”
While AFR Technology’s Paul Smith reports that “use and investment in AI has exploded since the launch of ChatGPT in 2022,” spending has been higher overseas. However, our data centers have spent money to prepare for the expected situation…
