AI is everywhere in corporate Australia except the P&L, says AFR
soumitrashukla9 · x · 2026-08-23
The Australian Financial Review writes that AI is everywhere in Australian firms — "except the top line, bottom line, or lines in between." The piece cites the book Messy Jobs (with Li and Wu), arguing that real jobs are bundles of interdependent tasks, so replacing them requires organizational redesign, not just tool swaps — which helps explain the missing ROI. It also touches on Nvidia's bizarre $500B deal with major banks and private capital to package "AI factory compute" as an investable asset class.
More from AGI Musings
- Whatnot CPO: AI Enables Senior PMs to Replace Middle Management — lennysan · 2026-08-23
- AI-generated reviews create risks for tech decision-making — DavidLinthicum · 2026-08-23
- EU AI Safety Founder Avoids Posthumanism Topics Over Cancellation Fears — danfaggella · 2026-08-23
- Prediction: AI Agents as Users and Customers of Products — PawelHuryn · 2026-08-23
- MIT's Acemoglu: Stop Chasing AGI, Build 'Pro-Worker' AI — _akpiper · 2026-08-23
- JAMA Perspective: AI beats doctors in cognitive tasks, human oversight not always better — HealthcareAIGuy · 2026-08-23