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Speaker 1: But a real change of pace because we know that

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Speaker 1: October Business month is in full swing and one of

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Speaker 1: the focus areas is artificial intelligence AI, which is driving

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Speaker 1: change across all industries and has the potential, I guess,

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Speaker 1: to revolutionize the way businesses operate. Now, Doctor Allen D. Thompson,

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Speaker 1: an AI expert, author and advisor, is one of the

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Speaker 1: keynote speakers who's going to be delving into the impacts

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Speaker 1: of AI on the business landscape at a special event.

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Speaker 1: It's happening next Wednesday, I understand, and he joins me

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Speaker 1: on the line right now, Good morning to you, Dr Thompson.

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Speaker 2: Good morning, thanks for having me.

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Speaker 1: Yeah, lovely to have you on the show. Now, how

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Speaker 1: would you explain AI to someone who's unfamiliar with it?

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Speaker 2: Oh, look, if it was forty years ago, Katie, we

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Speaker 2: were just say AI is a machine that operates at

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Speaker 2: the level of a human across different fields. But what's

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Speaker 2: happened since twenty twenty is a little bit different than that.

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Speaker 2: It's actually just predicting the next word, and that it's

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Speaker 2: gone up to that older definition in such a different way.

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Speaker 1: Some people seem so scared of it, Alan, Like, some

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Speaker 1: people seem really worried that AI is going to take

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Speaker 1: over the world, or at least take over their job.

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Speaker 1: I mean, are we going to like, should people be

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Speaker 1: worried that that's going to happen or that they could

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Speaker 1: lose their jobs.

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Speaker 2: Look, it's a significant technological revolution for mankind, perhaps our

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Speaker 2: most outrageous discovery in all of our history, and it's

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Speaker 2: going to transform society as we know it, not just

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Speaker 2: you know, jobs and working, but also benefits to medicine

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Speaker 2: and education and space travel. All of these opportunities are

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Speaker 2: opening up for us now that we have something that's

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Speaker 2: smarter than you know, our smartest inventors that have ever existed.

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Speaker 1: So, I mean, when you look at AI, what opportunities

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Speaker 1: do you think that it does present for businesses?

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Speaker 2: We've seen this being pushed out across pretty much every field,

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Speaker 2: which exciting now and we'll talk about this in the keynote.

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Speaker 2: Shortly ninety two percent of Fortune five hundred companies using

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Speaker 2: platforms like chat GPT, and they're spending about twenty seven

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Speaker 2: million dollars a year on implementing that through each company,

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Speaker 2: which is a tremendous figure. They're doing it in everything,

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Speaker 2: you know, we've seen how this can write emails or

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Speaker 2: help us with designing something, whether it be images or otherwise.

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Speaker 2: I'm really looking forward to having it transform some of

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Speaker 2: the industries that we've come to rely on that are

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Speaker 2: a little bit old, including education, including health, including the

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Speaker 2: way we do things in manufacturing. And I think a

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Speaker 2: lot of big companies are stepping up to that as

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Speaker 2: we speak.

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Speaker 1: Why is it important do you think for those businesses

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Speaker 1: to sort of adopt to it or adopt and start

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Speaker 1: using it in some ways? I suppose if if you

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Speaker 1: don't go with the flow, sometimes with technology, you really

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Speaker 1: do just get left by.

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Speaker 2: I think one question people can ask themselves is do

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Speaker 2: we want more smarts or not? And I think with

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Speaker 2: my older career in human intelligence research, a lot of

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Speaker 2: society was confronted or felt threatened by more intelligence. But

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Speaker 2: at the end of the day, we do want more

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Speaker 2: smarts to be able to help us with things like

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Speaker 2: inventions and even our day to day tasks, and then

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Speaker 2: in a broader way of thinking with our continual evolution.

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Speaker 2: So for me, it's an exciting time in what it

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Speaker 2: brings to all of us. And that's one of the

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Speaker 2: most interesting parts of this AI revolution is that we

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Speaker 2: have complete access to it. Right now, you and I

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Speaker 2: can jump onto chat, GBT dot com or Claude dot

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Speaker 2: ai and have free access to these AI models that cost,

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Speaker 2: you know, getting up to measuring in the billions of

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Speaker 2: dollars to train and are the equivalent of superintelligence.

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Speaker 1: It's funny, you know, in my household, in my family,

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Speaker 1: I think, what the kids a bit of a new

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Speaker 1: But I'm not very good with technology, but my husband

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Speaker 1: and my kids are, so I feel like I'm getting

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Speaker 1: left behind.

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Speaker 2: The cool thing about it is that anyone can jump in.

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Speaker 2: I bought my nieces and nephews in Perth recently a

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Speaker 2: little plushed stuff toy that's got a chat GPT voice

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Speaker 2: box built into it, and it runs with them around

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Speaker 2: the house and helps them build forts or answers questions

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Speaker 2: about my nephew's mind draft questions. It's really really interesting.

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Speaker 2: And then you know, I've worked with seventy and eighty

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Speaker 2: year olds who jump into it to help them write

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Speaker 2: speeches or just to have almost therapeutic conversations with it.

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Speaker 2: It's just fascinating. What's possible.

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Speaker 1: Do you know if many Northern Territory businesses are either

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Speaker 1: already utilizing AI or if they're keen to do so.

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Speaker 2: That's what I'm really interested to find out about. We're

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Speaker 2: expecting a few hundred to come and have a chat

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Speaker 2: with us in the keynote, and as you mentioned, it

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Speaker 2: will be businesses from Darwin around the Northern Territory and

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Speaker 2: I expect, like the rest of Australia and a lot

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Speaker 2: of the rest of the world, we're talking about two

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Speaker 2: hundred and fifty million active users per week just for

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Speaker 2: chat GPT. I think they've been adopting it. I think

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Speaker 2: they've been using it to help with strategy, which is

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Speaker 2: a big thing now, to help with augmenting their daily task,

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Speaker 2: their admin task, whether it's email or documents, and you know,

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Speaker 2: some people are doing some even trickier stuff, which is

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Speaker 2: always fun to see.

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Speaker 1: I reckon it's look. I think it's really interesting. I'm

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Speaker 1: quite fascinated by it and sort of learning more about

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Speaker 1: how it works or how people may be able to

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Speaker 1: utilize it. And I think it'll be interesting too, I

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Speaker 1: suppose over the years to see the way that you know,

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Speaker 1: some different profession professions, it may be utilized alongside those

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Speaker 1: professions or for some of them. I don't know whether

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Speaker 1: it will mean that that jobs are lost, but then

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Speaker 1: in other areas it may mean that there's an increase

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Speaker 1: in work assuming.

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Speaker 2: Yeah, that's a much longer conversation. I just talk about

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Speaker 2: having artificial intelligence as something that can amplify and org

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Speaker 2: ment our capabilities. I want this integrated into society. I

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Speaker 2: certainly don't want anyone to lose jobs or have their

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Speaker 2: survival threatened. And the way that a lot of these

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Speaker 2: lads are dealing with it is to make sure that

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Speaker 2: you know, there's ethics around it, that we've got some

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Speaker 2: sense of what it's going to do to the economy,

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Speaker 2: and really making sure that it's a bit of a

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Speaker 2: smooth ramp up for society, because you know, this is

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Speaker 2: super jarring having a room full of Einstein's available twenty

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Speaker 2: four to seven to do whatever we like. It's it's

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Speaker 2: almost indescribable. I'm almost out of words for it. And

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Speaker 2: I've been doing this for a very long time.

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Speaker 1: Yeah. Oh well, now people can head along, of course,

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Speaker 1: to this special event, to its next Wednesday. Isn't it.

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Speaker 2: That sounds about right? Darwin?

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Speaker 1: You are, well, it'll be fun. I reckon, there's going

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Speaker 1: to be plenty of people keen to come along. And

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Speaker 1: find out more.

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Speaker 2: Yeah, look, they're very welcome. You're right. It's Wednesday, the

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Speaker 2: twenty third of October, and like you mentioned, I'm really

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Speaker 2: going to be making sure that I understand more about

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Speaker 2: what business leaders there are doing, so I'll provide some context.

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Speaker 2: But I really like the interactivity of a keynote, you know,

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Speaker 2: allowing people to ask whatever question is interesting for them,

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Speaker 2: and sometimes it's about things that I hadn't even considered.

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Speaker 2: And we'll get hands on with these models and actually

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Speaker 2: get it to do, you know, whatever will illustrate the

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Speaker 2: point the best.

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Speaker 1: Oh good stuff. Well. Artificial intelligence expert, author and advisor,

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Speaker 1: doctor Allen D. Thompson, lovely to speak with you this morning.

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Speaker 1: Thanks so much for your time

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Speaker 2: Too, Thanks so much, Thank you,