In this episode of the AI Australia podcast, hosts Kat and Emma speak with David Brudenell, Executive Director of Decidr, an Australian AI software company. David, a veteran of the tech and venture capital sectors, shares his journey into AI, beginning with a "human-in-the-loop" product he co-founded in 2012.

The conversation covers the state of AI today, with David likening the current landscape to the "Palm Pilot era"—a time of remarkable technology being used in the wrong way. He explains that businesses are trying to fit probabilistic AI tools into deterministic, human-centric workflows, leading to inefficiencies.

David also discusses his recent research on AI readiness in Australia, revealing that while 83% of businesses see AI as important, less than half are actively implementing it. He attributes this to factors like analysis paralysis and concerns about costs and the rapid pace of model updates. He also advises leaders to treat their AI strategies like "ice cream in the sun," as they will quickly become outdated.