Peter McCrory

speaker

628 appearances 3 recordings 3 series first heard Jan 2026 last heard 19 Jun

Peter McCrory’s voice in public audio — every appearance, attributed to the second.

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ABC Business Daily · Anthropic's Peter McCrory on Claude and the big AI disruption · 29 May 2026 podcast

Every sector, almost every occupation, as I've mentioned,

is set to be affected.

Adoption has been very fast.

The models themselves are improving very quickly.

At present, the most performant model can handle roughly 14 hours of autonomous work reliably.

And the time horizon that these models can handle is doubling roughly every four to seven months.

That alone would raise questions about how this sort of broad-based automation of cognitive work might very well affect large swaths of the labor market.

You add to the fact that it may very well represent an innovation in the method of innovation.

So macroeconomists talk about the importance of innovation for producing long-run growth.

What AI represents is this possibility of loosening the bottlenecks to the innovation process.

And if you put that into your standard long run economic growth model, it can produce an even larger disruptive force.

So I'll try to ground this a little bit based on some of the research that my team put out in late November.

So we wanted to get a handle on

this question of what AI might mean for overall productivity within the economy.

And so we did this exercise where we asked Claude to evaluate how much time savings did people get when they used Claude for the particular task that they're doing.

So Claude did it.

Well, that's a part of our privacy-preserving approach is we use Claude to evaluate

the conversations so that no human is actually looking at the content.

So, you know, like for compiling information from reports, that's something that large language models can do very fast.

Maybe a time savings on the order of 90%.

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