James Thomson

speaker
2,279 appearances 7 recordings 2 series first heard Apr 2026 last heard 12 Jun

James Thomson’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months
4 · May OctJan 26AprJulnow

Recordings per month over the last 12 months — 7 in all, peaking in May 2026 with 4.

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second in the world for adoption and then 10th in the world for actual deployment.
So I think we're going fairly slowly here, not too much AI psychosis.
But what I would say is that my sense is that nobody thinks they can afford to dally on this because they are scared that their competitor or one of their competitors will come out, whether that competitor is in Australia or around the world, will come out with a sort of
holistic AI solution that rewires their business and allows them to compete and bring prices down in a way that the Australian business won't be able to compete with.
So I think that fear factor, that sort of natural law of competition is very much working in the favor of the AI companies because they just want to, you know, nobody is willing to take the risk that this isn't something real, if that makes sense.
No, I don't think – not that, Alan, but what they are seeing is that, you know, in the last six months or so, we've moved to this agentic AI where AI is being asked to solve very complex problems.
Guess what?
That chews a lot of tokens up.
You know, I think Alan's explained on this podcast before that, you know, 75 tokens is 100 words, right?
Agentic AI, the average is that as an AI agent starts to…
before it even answers the question, just starts to understand it, it'll lead up 96,000 tokens.
It's the same as the amount of text in the Great Gatsby.
That's just to start thinking about a query.
So that increased token usage means much higher costs.
So I think there is a little bit at the moment in Australia and around the world of people saying...
Hang on, just run that by me again.
It's costing this much and what am I getting out the other end?
Yes, and they're not seeing the sort of productivity boom at the moment.
Now, again, this is the thing about AI.
Everybody says, oh, that'll come.
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