A.I. is no longer a buzzword. We use it every day and we come in contact with it when we unlock our phones with facial recognition, when we navigate across a city and even when we look at what we want to watch on Netflix and we see recommendations for us. That's all A.I. And it's also in industry when we have diagnoses made sometimes A.I. is behind that and also the medications that are being made are often driven by A.I. When we apply for jobs, I'll see these are often being screened by A.I. And now when we write code, that can be done alongside A.I. So it's having a huge impact on our lives and I see the change that A.I. is driving as creating three big seas of change. The first is job cuts. We've talked about that impact that it can have. The second is creation of jobs and the third is the collaboration with A.I. So often when we ask people how do they feel about A.I. They're generally more optimistic than they are pessimistic on average. But when you ask why they are pessimistic, the number one reason is the loss of jobs. We can all see it. And current studies that are coming out and are quite new do show that there is a bit of a reason for concern in that space. And 19% of jobs will have over half of their tasks automated through A.I. This is particularly in copywriting and PR. And that's a very scary site. But on the positive side, if we learn from the history of technology, it's very clear that jobs are not just lost in isolation. We also see a reinstatement effect happen where new jobs come in its place. And we have a whole new field of A.I. related jobs now. I work with these people. These are the A.I. engineers. And even now there are new jobs that you might have not even heard of before. Have you heard of this role, a prompt engineer? That is a real job that is advertised in New Zealand at the moment. And with this embracing of A.I., there are huge productivity increases. So there was an interesting study that came out last week which taught an A.I. assistant how to help call center workers. And it demonstrated that call center workers who were at the lowest skilled workers were able to increase their productivity by 35%. And at the same time, they were able to increase the satisfaction of the customers on the other end of the phone. And it improved their retention. So this is an incredible thing for us all in our jobs is to actually get these benefits of taking away those very mundane roles. And when we think about New Zealand and our special place in the world, it's a very interesting thing to ponder because current estimates suggest that companies overseas are using A.I. to augment work. One estimate suggests that as much as 50% of companies are using A.I. right now in 2023, it's a huge boom that's been driven by generative A.I. That's what drives things like chat GPT. So poses a question for us. What's the cost of not adopting A.I.? Particularly because A.I. has gone through a huge shift. It's now not just for the A.I. engineers. It's now for all of us. This year we've seen A.I. become democratized. We can all engage with A.I. just using our natural language. And this means as well that A.I. is not just about high stakes, you know, a self driving car. It can also be a form of creative expression. So I love this quote. A.I. won't replace jobs. People using A.I. will replace people not using A.I. I think this whole new movement is a call to arms for all of us because A.I. is going nowhere. It's only going to increase. So our job is to stick with that trend and make sure that we're fluent in A.I. And we can use it to amplify our work as well. And a final note is that A.I. is an amplifier, both for productivity as we've seen in creative expression. But it can also be amplified for less positive things as well. This is particularly concerning as we look at things like deep fakes where people can emulate the voice and the face of other people. And this has a potential for misinformation spreading, which is something we should all be worried about as we approach an election. But to end on a positive note, if we think about the biggest issues of our time that we're facing right now, this is pandemics, this is climate change. A.I. is likely to be part of our solution to those biggest problems. Thank you very much. Thank you. Thank you. Thank you.