Google will not have to sell its Chrome web browser in order to fix its illegal monopoly in the online search business, a United States federal judge has ruled. It will, however, need to do a few other things, such as sharing data with rival companies, in order to improve competition. The remedies ruling was… Read more »
Yesterday, there were numerous articles written about the fact that a couple large VC funds missed their gender targets for new investments. We do ask our VC funds for more transparency and effort, and then low key shame them when they don’t meet their goals and state it publicly, even if they are moving the… Read more »
Last year I attended a panel on generative AI in education. In a memorable moment, one presenter asked: “What’s the big deal? Generative AI is like a calculator. It’s just a tool.” The analogy is an increasingly common one. OpenAI chief executive Sam Altman himself has referred to ChatGPT as “a calculator for words” and… Read more »
Sydney Startup Hub shuts down today, after seven years, thanks to the NSW government. And right now it’s clear that when it comes to startups, the government couldn’t organise a piss-up in a brewery, to use one of the more polite versions of the idiom. Another way of explaining it is that they’ve bombed the… Read more »
DAVOS, Switzerland — A coalition of tech executives, venture capitalists, and innovation self‑describers warned this week that unless governments immediately provide free electricity to the artificial intelligence sector, civilisation’s fragile future could collapse into what one investor called “a really compromised vibe.” “Making AI innovators pay for electricity is legacy thinking,” declared OpenAI CEO Sam… Read more »
Australia’s consumer economy is booming but investors are still looking the other way. While capital chases SaaS and tech, a new generation of brand-led, margin-rich, culturally relevant businesses are scaling fast with billions flowing through beauty, wellness, fashion, food, and lifestyle. This is not speculation. It’s already happening. From blockbuster exits like Zimmermann and MCo… Read more »
AI has dramatically altered tech roles over the past few years, and like it or not, there’s no going back. But while startups are eager to lean into AI tools for faster, cheaper solutions, there’s a hidden risk emerging in the rush to automate junior roles: startups might inadvertently hollow out their future leadership pipelines.… Read more »
Responses to the annual census of Australia’s startup ecoystem, Startup Muster close this Monday August 18. Survey founder Murray Hurps, that for the first time they have survey coordinators on the ground in every Australian state and territory to ensure the feedback is truly representative of what’s happening across the nation. “Startup Muster has been on… Read more »
Australian venture capital has long rested on a familiar promise – that backing a portfolio of young startups today will deliver returns to investors within roughly a decade. But the regularity of that rhythm is changing, stretching out by up to 1.5x longer as macro shifts and dynamics reshape the path to liquidity. The IPO… Read more »
Picture this: It’s 2023 and I’m 26 hours into what would become Supernova, the world’s longest improvised piano concert. My mental and physical acuity is fading and the Gold Coast sun is beating down on the HOTA outdoor stage. But here’s the thing that blew everyone’s mind – when I needed those precious micro-breaks for… Read more »
There’s so much that sucks about Large Language Models, machine intelligence, spicy autocorrect, whatever you want to call it. But perhaps the deepest suck of all is that the worst people in the world control it. It’s Zuck. It’s Elon. It’s the fanboys of the Torment Nexus. These are the lizard people we’ve handed the… Read more »
Data and new digital technologies such as artificial intelligence present an opportunity to get Australia back on the path to productivity growth. But we can only seize this opportunity with the right policy framework. Australia can unlock billions in economic value through strategic reforms to data access, artificial intelligence regulation, and digital infrastructure. The Productivity… Read more »
Critics of those who misuse power tend to be outsiders. So, it’s striking that Alexander Karp, cofounder and CEO of data analytics giant Palantir Technologies, has written a book, with Palantir’s head of corporate affairs Nicholas Zamiska, calling on Silicon Valley to find its moral compass. Together, they upbraid fellow big tech companies for “building… Read more »
One of the reasons I stepped back from ageism and stereotype activism this year was encapsulated in an apathetic LinkedIn post by a well-known male digital and investor leader. The intention of shaming and internalised ageism expressed riled me and others up to no end. I couldn’t stay silent. It was not only inaccurate but… Read more »
Responses to the annual census of Australia’s startup ecoystem, Startup Muster close on August 18, so you have just two weeks left to have your say. – from educators to investors, accelerators, incubators, coworking spaces, service providers, government, precincts and professional services supporting startups – delivering a clear and comprehensive picture of the state of… Read more »
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