Change the game

Change the game

By bbc.com
Publication Date:

“What we’ve seen is … Australian businesses are a little bit behind (in technology adoption). There are definitely concrete use cases in the enterprise sector for adopting agent AI to improve productivity. I just don’t feel like we’re bold enough to fully commit to it.”

To fix the productivity problem, new solutions must be applied, Tate says in the podcast.

“Before Covid, the answer to increasing productivity was to get more people dealing with the problem, more people equals more output,” he says in the podcast. “This is not the world we are in now,” he says, pointing to changing migration patterns and an aging population that are causing significant demographic trends. “So how can I increase my company’s productivity without having to hire more people?”

It’s not an isolated case. According to the Workday State of Skills report, about 51% of executives are worried about a future talent shortage, which is because only 32% “strongly believe the skills in their…