| Good afternoon, Welcome to your twice-weekly look at how generative AI is transforming the way we live, work and play – plus the latest news and analysis. Smashed avocado has been blamed for keeping millennials out of the housing market, given their taste for the popular brunch dish is difficult to give up. But it can also prove costly to cafe owners. A new AI-powered platform, used by more than 2000 restaurants in Australia, New Zealand, Singapore and the US, is making real-time assessments on avocado and other foods and letting cafes owners know when to bump up the price or ditch the dish altogether, saving some as much as $8000 per week. Australian companies are demanding artificial intelligence start delivering a return on investment and delivering on its much-hyped productivity claims before they step up the adoption of the technology. More than 50,000 staff at Australia’s largest bank have just been given access to some of the most powerful artificial intelligence-powered tools in the region. Let me know what you think — lynchj@theaustralian.com.au | 