Reflecting on some great talks, conversations and new connections made at The AI Summit Australia in Melbourne last week, co-located with Data Center World.
A few things stayed with me.
• AI has a physical footprint. The Australian Energy Market Operator (AEMO) is forecasting data centre electricity demand across the National Electricity Market (NEM) rising from around 3% to 13% of grid demand over the next decade. This has implications for generation, energy storage, grid capacity, water use and the pace at which we can bring more renewables online. As the data centre build-out accelerates, community and social licence will matter too.
• Transformation has changed.
Mahesh Krishnan spoke about dynamic transformation: disruption is continuous, so organisations need to continuously adapt. As AI moves beyond software into agents, machines and operational (IT/OT) environments, security, resilience, governance and human oversight have to evolve with it.
• Most organisations are still early. In our masterclass, 58% of the room were still exploring AI and only 5% had it properly embedded. The questions afterwards were very practical: where do we start, which tools should we use and how do we move from pilots to scale? Security, data, trust and governance remain major blockers.
• People and value matter. Aligned leaders and capable people came out well ahead of simply building another platform.
Paul Monks also challenged the idea of relying on the “highest paid person’s opinion” to decide what gets funded.
Mitch Tomazic's point on a Value Realisation Office brought much of this together for me: prioritise the use cases that genuinely create value, define success up front, measure the outcome and stop investing where the value isn't there.
That discipline matters beyond the balance sheet too. Better prioritisation means less compute, energy and infrastructure being consumed on AI that doesn't justify it and less pressure on the systems and communities that have to support that growth.
I also volunteer with
Banyule Clean Energy, a community not-for-profit helping households and local businesses reduce their energy bills by going all-electric, improving efficiency and switching to cleaner energy. It means I spend a fair bit of time thinking about energy, infrastructure, cost and outcomes for local residents and businesses.
As AI scales, I think the same lens applies: what value are we creating and what resources are we using to create it?
The best part was the conversations that started in the room. I'm looking forward to picking those up with the people I met over the next couple of weeks.
Thanks to Mahesh Krishnan, Mitch Tomazic and Paul Monks for the keynote and masterclass,
Peter Kilroy for his engaging AI demos and
Kathy Sudnik,
Sachinie Osaka Wanasinghe,
Vivian Lam,
Danny Lee and the Fujitsu team who made the whole thing run. Terrific couple of days.
#TheAISummitAU