A ustralians owe Scott Farquhar a vote of thanks. When the Atlassian co-founder and freshly minted chair of the local tech lobby fronted the National Press Club recently, he articulated the industry’s claim on the nation with rare honesty.

The T-shirt wearing billionaire shared his log cabin story about a 12-year-old who naively predicted the internet, Amazon and the mass automation of work. But it was when he pivoted to the Tech Council of Australia’s talking points that things got real.

According to the Tech Council, AI will deliver $115bn in annual productivity (or about $4,300 per person ), rubbery figures generated by industry-commissioned research based on estimates on hours saved with no regard for jobs lost, the distribution of the promised dividend benefit or how the profit

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