As the costs of AI technology continue to fall, vendors are grappling with a growing concern: the risk of commoditisation. DeepSeek AI, for example, has successfully reduced its prices due to lower operational costs, a trend that many AI vendors fear will push their prices
Artificial intelligence has come a long way in content creation, but it still often struggles to sound truly human. If you’ve used ChatGPT, you’ve probably noticed it tends to rely on phrases like “in the ever-changing digital world” or “as we move forward.” While these
As we rely more on digital services, the use of personal data to set prices is becoming increasingly common. A recent FTC Surveillance Pricing Study revealed that businesses are now using vast amounts of personal consumer information—such as browsing history, location, and purchasing habits—to set
As labour shortages continue to challenge Australia’s service sector, businesses are increasingly turning to automation to bridge the gap. This trend mirrors global movements, particularly in countries like Japan, where robotics and artificial intelligence (AI) are being deployed to address similar workforce shortages. In Japan,
In the dynamic landscape of Australian commerce, Artificial Intelligence (AI) is emerging as a pivotal force, driving efficiency and growth. While large corporations have been early adopters, a significant number of small and medium-sized enterprises (SMEs) are yet to fully harness AI’s potential, potentially missing
Australia’s small and medium-sized enterprises (SMEs) are increasingly embracing artificial intelligence (AI) to enhance operations, boost revenue, and stay competitive. Recent data indicates that 35% of Australian SMEs have adopted AI, with an additional 60% planning to integrate it by 2026. AI Adoption Trends The
AI is changing the way we work and live, from improving healthcare and finance to reshaping entertainment and transportation. However, as AI systems become more integrated into our daily lives, there’s an increasing concern about one critical issue: AI bias. AI bias refers to systematic errors
As the demand for AI tools continues to rise, a recent Wall Street Journal article highlights a new problem facing many AI/software companies: finding a price point. Last month, OpenAI CEO Sam Altman took to X to lament his arbitrary $200/month price point for the new ChatGPT Pro—which caused them to lose money.
The global demand for robotics has experienced considerable fluctuation in recent years, with the pandemic-driven sales boom followed by a plunge in 2022 and stagnation in 2024. However, the industry is set to recover significantly, with five years of double-digit growth ahead. AI robotics, the
The Nasdaq 100 plunged Monday as the dominance of US Big Tech is under threat following a game-changing breakthrough by Chinese AI startup DeepSeek. This is the insights from Nigel Green, CEO of global financial advisory giant deVere Group as DeepSeek’s latest AI model is launched
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