The ‘SaaSpocalypse’ is reshaping venture capital. Australia should take notice

Opinion: AI is tearing up the old SaaS rule book and pushing venture capital towards a barbell of mega-bets and tiny cheques. Australia needs to pay close attention, argues Daniel Petre Venture capital, lazily defined, is capital invested into high-risk and hopefully high-return companies that disrupt tired market sectors with genuinely new products. That’s been […]

Atlassian warns more AI use will not magically lift productivity

Fortune 500 companies are embracing AI, but few can measure a tangible return. Atlassian’s chief people and AI enablement officer says widespread adoption means little unless businesses redesign the processes around it. The executive in charge of Atlassian’s internal AI tooling says the world’s biggest companies are struggling to see productivity gains from AI, and […]

Start-ups need to go where their customers are. Image: Getty Images

Australia won’t win the AI arms race. We don’t need to

Opinion: Australia should play to its strengths in the AI era, leveraging critical minerals and renewable energy while ensuring global tech giants pay their fair share of tax, argues AirTree co-founder Daniel Petre AI is the biggest technological shift in modern history. It’s already smarter than us at a growing list of tasks, touches every […]