RBA balks at AI after major survey

RBA balks at AI after major survey

By Julian Bajkowski
Publication Date: 2025-11-16 20:23:00

The Reserve Bank of Australia has thrown a bucket of cold water on the hype from technology providers touting the mass adoption of artificial intelligence and its supposed huge productivity gains.

In a study that may give chills to commercial AI geeks betting their careers on what is supposed to be the next big wave of technology, the RBA’s own research has found that Australian companies are still more than apprehensive and equally reluctant to flaunt the AI ​​money.

“Even among advanced economies, Australia’s adoption rates and trust in AI are currently at the lower end.