I joined Juliette Saly on Ausbiz to discuss how the AI trade has shifted from hype to reality. Adoption is proving more cyclical than expected, customers will not pay any price for AI tools, and data centre rollouts face delays from regulation and power constraints. At the same time, higher inflation, rising debt and the end of ultra-low rates are putting pressure on valuations. Software as a Service (SaaS) businesses are being repriced, and sectors like real estate and travel are also starting to feel the impact, prompting investors to reassess risk.

Tune into the full episode here: Ausbiz – Has tech run its course?