If you are anxious about the impact of artificial intelligence on white-collar employment, this wasn’t a good week for you. Nerves were already frayed as markets whipsawed, oil prices surged and a highly unpredictable conflict unfolded in Iran.
But Atlassian’s decision to slash 1,600 jobs, or 10% of its workforce, feels like a pivotal moment in the current arc of AI-driven disruption.
Almost exactly 24 hours before Atlassian announced the cuts, Capital Brief co-hosted an event with the Tech Council of Australia at Parliament House to discuss the future of Australian innovation and the regulation that underpins it.
The Albanese government has quite far-reaching plans to regulate the activities of the world’s largest technology companies in Australia. Its proposed ‘ex-ante’ regime would give it the power to impose greater scrutiny and additional obligations on certain designated platforms.