The Money Café with Alan Kohler cover image

RBA Shake-up or Shake-out?

The Money Café with Alan Kohler

00:00

The Horse Is Bold on AI Development

KPMG and Microsoft are rolling out this big AI program. It's going to go through audit and tax. So the ATO needs to be thinking about how it's going to treat AI-conducted tax work. Where will the responsibility lie? Will the ATO use AI to look at tax work? Who goes to jail? Yeah. The humanoid robot or... You know... But... How's the... the regulators move so slowly on this stuff at the best of times? I just reckon the horse is bolted. We're going to be playing catch-up on this stuff.

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