Australia aging (dis)gracefully, a diesel’s disaster looming & AI at the Chook lunch
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The Australian Financial Review Hello, I'm James Thompson, senior Chanticleer columnist at the AFR. Welcome to our weekly news breakdown of all things business, finance and markets. With me today, as always, is my Chanticleer colleague. He's got the soul of a boomer, the heart of a Gen Xer, and the stamina of a millennial. It's the intergenerational wonder, Anthony McDonald. How are you, Anthony? Still kicking, James. Survived a big week. Fantastic. Well this week we look at why the next 40 years could be tougher for investors, businesses and politicians. We take you inside this week's special chook lunch to learn the secrets of an AI pioneer. And we extract the big lessons from Australia's great AI hack.
Okay, Anthony, before we get to the big news of the week, we've had a bit of big news ourselves here at the Financial Review. James Chessel, the AFR's editor-in-chief and frequent guest on the Chanteau Clear podcast, we should say, is stepping down after a brilliant but too brief stint in charge, and he'll be handing the reins to his second-in-command, Cosima Mariner, who's also been a frequent guest on the podcast. And congrats to Cosima Anthony. You think it was her brilliant appearances on the podcast that might have sealed the deal for her?
Oh I I have no doubt, James. I mean my brother called this morning just to say, Oh, you know, how you going? How's your week been? I said, look, pretty eventful. James out, Cosma in. And he was like, Cosie, she's great. Only because he's heard on the podcast. Oh, there you go. Look, great gene change in a newspaper, it's always a big thing. Probably any organization, you know, this is like our version of a CEO change, editor in chief. I mean, their job's really powerful. It sets the tone, everything filters down from the top. James Just gone after two years and two months, you know, sad to see from a personal and professional standpoint. Totally. You know, known him a long time, we're close. But I mean, Cosma, we got it coming in.
Number two steps up's number one. She's got great energy, ideas, experience. She'll give it a red hot crack. Anyone who listened to her on the podcast heard her enthusiasm and energy. Yeah, that's what we'll be looking to get.
Congrats to both James and Cosie. We've loved working with James and we look forward to many more appearances from Cosie on the pod. We'll get her in once she gets uh
Feet under the desk. Totally. Now, James, back to the real world. And on Thursday, Anthony Albanese, who has spent the week in the US as part of a trip to attend the United Nations General Assembly, he made a shock revelation. We'd been hacked by OpenAI. Yes, a bot went bad, got into some public health data it shouldn't have, and ALBO had to issue a please explain to OpenAI boss Sam Altman. James, there was no great harm done. But this really has brought all this sort of AI safety stuff.
Home, hasn't it? Yeah, I think there was no great harm done this time, Anthony. I think that's the big caveat here. I mean there are some funny things about this hack. I mean it's not funny, but the detail I love the most is that OpenAI's agent was apparently doing some health research. Uh they asked it a question about Australia.
What did the hosts announce about the AFR editorial leadership change?
It started looking on on Australian health websites, came up against the uh sort of firewall. Wouldn't Take no for an answer, according to Albo, and and manage to breach the firewall and get into some places it shouldn't. OpenAI, did they get on the hotline to uh Anthony Albanese? Is there a bat phone they picked up? No, they just sent an email to I I don't know, info at services Australia.gov.au or whatever it is. Yeah. I mean, how many of us have sent a email to one of those sort of public inboxes that you know no one's Ever going to look at. I I wonder if OpenAI was doing that. You know, should we call Elbo? Nah, just send an email and maybe they won't notice. It'll be fine. But I I'm with you, Anthony.
I I think this is a bit of a thin edge of the wedge type moment. A, it says that OpenAI can't control its own bots. That worries me.
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Chapters
5 chapters
1
What is the main topic discussed in this episode?
0:04–3:06
2
What did the hosts announce about the AFR editorial leadership change?
3:06–7:30
3
How did the Australian OpenAI hack expose AI safety risks for the government?
7:30–23:43
4
How will rising diesel prices and refining constraints impact the Australian economy?
23:43–36:17
5
Why is Australia’s economic growth projected to slow to 2% over the next 40 years?
36:17–42:18
Speakers
2 identifiedMore from Chanticleer
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