Australia Wants an AI Boom – But at What Cost? | The Bloomberg Australia Podcast

By Bloomberg Podcasts

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Australia is embracing the AI boom, with billions of dollars pouring into data centers and the technology promising to transform the economy. But anxiety is growing too. A rogue OpenAI agent’s unauthorized access to Medicare systems has raised fresh questions about what happens when increasingly autonomous AI behaves in ways its creators never intended. Bloomberg’s Chris Bourke is joined by tech reporter Newley Purnell to unpack what the incident tells us about the risks of AI, whether Australia has the power to keep US tech giants in check, and the dilemma facing Canberra as it pushes for greater safeguards while trying to attract a potentially enormous wave of AI investment. See omnystudio.com/listener (https://omnystudio.com/listener) for privacy information. It's home to the world's biggest miner and the most China-dependent economy on Earth. The business news of Australia is more important than ever before. Join Rebecca Jones and our team of reporters each week for the smart loc

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