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Distrust of AI derails push for $600bn economic boost

Summary by Stockhead
Chief executives of Australia’s biggest companies and Anthony Albanese want us all to use more artificial intelligence-powered tools – but there is a big problem. Most of us don’t trust it. This is despite the riches it promises to deliver. Anthony Albanese, who stood with a wide grin beside Microsoft CEO Satya Nadella last month, says it could inject up to $600bn a year into the national economy by the end of the decade.  Microsoft is investing…
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Stockhead broke the news on Thursday, May 7, 2026.
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