Thank you for reading The Australian Financial Review Business Summit live coverage for day one.<\/p>\n
We will be back on Wednesday morning for the second day to hear from key speakers, including Productivity Commission chairwoman Danielle Wood, Business Council of Australia chief executive Bran Black and Goldman Sachs chairman and chief executive David Solomon. See the full agenda<\/a>.<\/p>\n Here are some of the day\u2019s top posts:<\/p>\n Australia needs to \u2018grow up\u2019 and not rely on US<\/a> | United States Studies Centre chairman Arthur Sinodinos says the big question for Washington is how long the attacks on Iran will last, after the rumours about a military strike proved correct.<\/p>\n Australia could be a global AI powerhouse:<\/a> | OpenAI chief global affairs officer Chris Lehane says the nation is in the top 10 countries for ChatGPT use globally.<\/p>\n AI threat looms like a \u2018freight train\u2019 coming for us, urges action<\/a> | Oaktree Capital Management co-chairman Howard Marks says artificial intelligence \u2013 and its threat to society \u2013 is on its way and governments must pay attention.<\/p>\n Comyn pushes for economic reform, tax simplification<\/a> | The Commonwealth Bank chief executive says he hopes the government will deliver a more ambitious reform package and a tax system that will help address generational wealth inequality.<\/p>\n Qantas boss \u2018ready to support\u2019 customers stuck in Middle East<\/a> | Chief executive Vanessa Hudson says the airline\u2019s routes to Europe and London are minimally impacted by the conflict, which has caused flight chaos, particularly for Australians who are in the region for a stopover.<\/p>\n Australia\u2019s AI plan lacks critical elements | <\/a>AirTrunk founder and chief executive Robin Khuda says the government\u2019s strategy is \u201cpretty good\u201d but lacks some considerations, including how wider adoption of the technology will impact the economy.<\/p>\n Iran attack shows erosion of rule of law | <\/a>President and chief executive of investment management company Franklin Templeton, Jenny Johnson, says she believes the conflict will be more of a short-term event and that Americans are supportive of Donald Trump\u2019s decisions.<\/p>\n AI will cause labour disruption, not disaster | <\/a>Governor Michele Bullock says the Reserve Bank of Australia has tasked its business liaisons with investigating how artificial intelligence would impact Australia\u2019s labour force, and so far, there \u201chaven\u2019t been a lot of job losses to AI yet\u201d.<\/p><\/p>\n","protected":false},"excerpt":{"rendered":"Thank you for reading The Australian Financial Review Business Summit live coverage for day one. We will be…\n","protected":false},"author":2,"featured_media":515433,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[256,254,255,64,63,105],"class_list":["post-515432","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-au","tag-australia","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/515432","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=515432"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/515432\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/515433"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=515432"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=515432"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=515432"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}