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Seòmar agus comataidhean

Official Report: search what was said in Parliament

The Official Report is a written record of public meetings of the Parliament and committees.  

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Dates of parliamentary sessions
  1. Session 1: 12 May 1999 to 31 March 2003
  2. Session 2: 7 May 2003 to 2 April 2007
  3. Session 3: 9 May 2007 to 22 March 2011
  4. Session 4: 11 May 2011 to 23 March 2016
  5. Session 5: 12 May 2016 to 4 May 2021
  6. Current session: 13 May 2021 to 16 November 2025
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Displaying 1041 contributions

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Economy and Fair Work Committee [Draft]

Artificial Intelligence (Economic Potential)

Meeting date: 5 November 2025

Daniel Johnson

Yes.

10:15  

Economy and Fair Work Committee [Draft]

Artificial Intelligence (Economic Potential)

Meeting date: 5 November 2025

Daniel Johnson

I thought that you were going to express your relief that you are no longer a practising solicitor, given the insight that they are all out of a job. [Laughter.]

Economy and Fair Work Committee [Draft]

Artificial Intelligence (Economic Potential)

Meeting date: 5 November 2025

Daniel Johnson

I think that Sarah Boyack will come in on exactly those issues.

Economy and Fair Work Committee [Draft]

Artificial Intelligence (Economic Potential)

Meeting date: 5 November 2025

Daniel Johnson

Thank you very much for those introductory answers. I will now bring in some of my colleagues, starting with the deputy convener, Michelle Thomson.

Economy and Fair Work Committee [Draft]

Artificial Intelligence (Economic Potential)

Meeting date: 5 November 2025

Daniel Johnson

Is it all hype or are we seeing acceleration?

Economy and Fair Work Committee [Draft]

Artificial Intelligence (Economic Potential)

Meeting date: 5 November 2025

Daniel Johnson

I was going to ask a question about small and medium-sized enterprises. Sarah Ronald, you said something quite interesting about the trajectory of your company’s growth. You had 73 per cent growth using the same cost base, because AI allows you to be more—

Economy and Fair Work Committee [Draft]

Artificial Intelligence (Economic Potential)

Meeting date: 5 November 2025

Daniel Johnson

One of my concerns is that large businesses are twice as likely as small ones are to adopt AI. I wonder whether we are missing a trick. If AI has the potential to almost turn economies of scale on their head, do we need to concentrate a lot more on ensuring that all small businesses seek to use and leverage AI in the way that start-ups almost naturally do? What are your thoughts on that? What can we do to help?

Economy and Fair Work Committee [Draft]

Decision on Taking Business in Private

Meeting date: 5 November 2025

Daniel Johnson

Good morning, and welcome to the 30th meeting in 2025 of the Economy and Fair Work Committee. We have received apologies from Lorna Slater. Before we start our brief inquiry into the use of artificial intelligence, I ask members whether they agree to take in private agenda item 3 and all future discussions on our AI inquiry. Do members agree to take those items in private?

Members indicated agreement.

Economy and Fair Work Committee [Draft]

Artificial Intelligence (Economic Potential)

Meeting date: 5 November 2025

Daniel Johnson

I am pleased that, under agenda item 2, we have with us a panel of witnesses to help us to consider the economic potential of artificial intelligence. We are joined by Seth Finegan, the chief executive officer of Informed Solutions; Peter Proud, the chief executive officer of Forrit; and Sarah Ronald, the founder of Nile.

I ask the witnesses to keep their answers as concise as possible, although, given that this is an expansive topic, that might not be possible. You do not need to press the buttons on your microphones—staff will operate them for you.

I will begin by asking a couple of questions. I am struck that, when discussing AI, we seem to be stuck in a binary place—people think either that we are all doomed and all our jobs will be taken over by AI or that AI is a bit like the internet and Google and is just a bit of an upgrade. Given that you all work with AI in your day-to-day jobs, what do you think the impact will be? Where do you think the impact of AI will sit on the spectrum from total change to minor change?

Who would like to answer first? Peter Proud, you maintained eye contact for longer than anyone else, which is a dangerous thing to do.

Economy and Fair Work Committee [Draft]

Artificial Intelligence (Economic Potential)

Meeting date: 5 November 2025

Daniel Johnson

Yes, it does. Sarah Ronald, do you agree that we might be getting a bit carried away? You said that there is exponential change.