RBA v Treasury on AI, as Michele Bullock casts doubt on productivity recovery and data centre boom adds to inflation

RBA v Treasury on AI, as Michele Bullock casts doubt on productivity recovery and data centre boom adds to inflation

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Commonwealth Bank and artificial intelligence giant Anthropic are both tipping AI will deliver a productivity bonanza for Australia, aligning with Treasurer Jim Chalmers’ Intergenerational Report, which some have criticised as too optimistic in its long-term outlook. But as Treasury tipped AI to help productivity recover within five years, Reserve Bank of Australia governor Michele Bullock…

‘They’ll just hack the system’: why Europeans doubt social media bans for kids will work.

‘They’ll just hack the system’: why Europeans doubt social media bans for kids will work.

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Following Australia’s lead, several European nations are considering social media bans for minors. From viral trends to artificial intelligence (AI) slop, children’s worlds have become shaped by their digital experiences News.Az reports citing euronews.com But excessive screen time and the harmful consequences of social media have caused growing concern, with governments across the world seeking to…