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.

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&rsquo;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&rsquo;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.

Each week, Rebecca Jones and Bloomberg's team of reporters lift the lid on the biggest stories shaping Australia's place in global business. 

Each week, Rebecca Jones and Bloomberg's team of reporters lift the lid on the biggest stories shaping Australia's place in global business.

Each week, Rebecca Jones and Bloomberg's team of reporters lift the lid on the biggest stories shaping Australia's place in global business.

The Bloomberg Australia Podcast

Each week, Rebecca Jones and Bloomberg's team of reporters lift the lid on the biggest stories shaping Australia's place in global business.

Australia Wants an AI Boom – But at What Cost?

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