After almost four decades of working with IT systems, it’s become clear to Adam Powick that new technologies tend to be overhyped, and in the real world take much longer than expected to deliver the promised results.
“My view is we tend to fall into the trap of initially over inflating everything – today we are talking about AI, but we had AI in the ’70s,” the former Deloitte Australia chief executive says.
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correction —
An earlier version of this article incorrectly stated that Deloitte’s 2023-24 revenue was $2.78 million, not $2.78 billion.
Edmund TadrosProfessional services editorEdmund Tadros leads our coverage of the professional services sector. He is based in our Sydney newsroom. Email Edmund at edmundtadros@afr.com.au
