Thank you to everyone who joined us at the
@UniMelb last week for an evening exploring how AI is reshaping the way we work, transact, verify identity, and establish truth.
We heard an opening keynote from our CTO and Co-founder
@robdmoore who then joined a panel discussion with Lenka Bednarikova (Head of AI & Advanced Analytics, Australian Retirement Trust) and
@StaciW_DC (CEO,
@AlgoFoundation ), moderated by Imogen Crump.
Key insights from the evening:
💫 The AI paradox: AI is simultaneously our biggest opportunity and greatest threat. According to MIT, despite $30-40 billion in enterprise investment, 95% of organisations are getting zero return on GenAI.
💫 Beyond cost-cutting to value creation: The real opportunity isn't replacing humans with AI, but enabling humans and AI to create value that neither could achieve alone through autonomous, trusted, and economically meaningful work.
💫 A north star for business leaders: Rob presented a north star to help guide leaders on their AI adoption journeys; We want AI to do valuable, economically meaningful, autonomous, trusted, reliable work on behalf of humans and organisations.
💫 Four building blocks need reimagining: Work coordination, truth verification, identity, and money systems are the cornerstone of work, but are all designed for human-scale operations; they must evolve to support work at an AI-driven speed, scale and sophistication.
💫 The infrastructure challenge: Current work coordination relies on humans as "duct tape" for broken processes and incomplete data and this along with traditional payment rails, legal frameworks (built for human actors), and verification systems (broken by deepfakes) can't support autonomous AI agents that need comprehensive context and make decisions in milliseconds.
💫 The convergence opportunity: Agentic AI with proper data and context platforms combined with third-generation blockchain, decentralised identity & verifiable credentials, and regulated, programmable money are emerging as solutions, but only when we understand these as interconnected, not isolated solutions.
💫 Australia's choice: With strong financial infrastructure but slower regulatory progress compared to the EU and Singapore, we face a critical decision: lead this transformation or risk being left behind.
The evening reinforced that this isn't just about technology—it's about reimagining the fundamental infrastructure of work and value creation in an AI-driven economy.
A big thank you to our speakers and the University of Melbourne for partnering with us to make this important conversation possible.