Demographia released its annual list of housing affordability in 94 major markets. Five Australian cities were assessed. Three ranked ‘impossibly unaffordable.’ Perth and Brisbane are ‘severely unaffordable,’ according to the report.
A tech advisory firm study estimates that AI will create $280 billion in economic benefit by 2030. Google is tapping into the demand with a new AI-first accelerator for Australian entrepreneurs.
Meta confirmed that images and captions posted by Australian users are being used to train Meta AI. European users of Meta platforms can opt-out, in accordance with data regulations placed on tech companies. No such regulation exists in Australia – so nothing is preventing Meta AI from procuring your public posts.
Half of the world’s population will go to the polls this year. While the Australian federal election is not until 2025, there is already significant angst about deepfakes fueling misinformation.
New research from Capgemini reveals high net worth wealth in Australia grew 7.9% in 2023, well above the global average of 4.7%. It is now valued at USD$1.05 trillion.
Slack’s Workforce Lab surveyed 1,000 desk workers in Australia and found half are excited about using AI, but the vast majority feel AI outputs are not completely trustworthy.
E-safety commissioner Julie Inman Grant has confirmed she will pursue the case to remove violent content from X in Federal Court. The social media platform led by Musk said it is pleased that ‘freedom of speech has prevailed.’
French Gates disclosed she is stepping down from the Gates Foundation this week and investing a further $1.5 billion into women’s causes via Pivotal Ventures. $30m is pledged to former NZ PM Jacinda Ardern.
Australian AI policy expert Helen Toner – formerly an OpenAI board member – spoke about her experiences with Altman on the TED AI podcast this week. The CEO lied, withheld and misrepresented information to the board, Toner says.
It will host the Olympics in 2032, has grown in population by 21% over the last decade, and is expecting 41% growth in exports over 7 years. Brissy is booming; here’s why.