AI (over)exuberance

from ABC Business Daily · host Australian Broadcasting Corporation

Tech titans are spending trillions of dollars as they compete to be crowned winner of the ongoing artificial intelligence race. But this raises a fundamental economic question: is the expenditure actually going to be worth the prize?And will there be anything left over for those who come runner up?You can read Ian's AI analysis here. Be sure to catch our bonus tax-week episode here - a what-you-need-to-know before the financial year ticks over tonight! Carrington Clarke and ABC Chief Business Correspondent Ian Verrender break it all down on ABC Business Daily.Got a burning business question?We'd love to hear your questions! If there’s business and economic news that has you stumped or you'd like further insight into, we're here to help. Send a short voice recording to Carrington and the team at [email protected] and we'll attempt to answer it.

Episode metadata supplied by the publisher feed · Published Jun 30, 2026

What this episode covers

Tech titans are spending trillions of dollars as they compete to be crowned winner of the ongoing artificial intelligence race. But this raises a fundamental economic question: is the expenditure actually going to be worth the prize? And will there be anything left over for those who come runner up? You can read Ian's AI analysis here. Be sure to catch our bonus tax-week episode here - a what-you-need-to-know before the financial year ticks over tonight! Carrington Clarke and ABC Chief Business Correspondent Ian Verrender break it all down on ABC Business Daily. Got a burning business question? We'd love to hear your questions! If there’s business and economic news that has you stumped or you'd like further insight into, we're here to help. Send a short voice recording to Carrington and the team at [email protected] and we'll attempt to answer it.

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AI (over)exuberance

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This episode was published on June 30, 2026.

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