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#expenditure

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☮ ♥ ♬ 🧑‍💻<p>“Telstra is expecting to shrink its <a href="https://ioc.exchange/tags/workforce" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>workforce</span></a> by 2030 with “AI <a href="https://ioc.exchange/tags/efficiencies" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>efficiencies</span></a>” potentially coming through <a href="https://ioc.exchange/tags/CustomerService" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>CustomerService</span></a>, software development and the use of autonomous <a href="https://ioc.exchange/tags/AIAgents" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>AIAgents</span></a>, the company has told investors on Tuesday.</p><p>The telco’s chief executive, <a href="https://ioc.exchange/tags/VickiBrady" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>VickiBrady</span></a>, told the <a href="https://ioc.exchange/tags/Telstra" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Telstra</span></a>’s annual <a href="https://ioc.exchange/tags/InvestorDay" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>InvestorDay</span></a> on Tuesday that <a href="https://ioc.exchange/tags/ArtificialIntelligence" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ArtificialIntelligence</span></a> “will be a significant unlock when it comes to enabling our <a href="https://ioc.exchange/tags/workforce" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>workforce</span></a>”.</p><p>“We will embrace AI, as every business will need to, and we expect the pace of change over the next five years to be extraordinary,”</p><p>…</p><p>“Ackland said the more than $1bn of capital <a href="https://ioc.exchange/tags/expenditure" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>expenditure</span></a> and operating expenditure on <a href="https://ioc.exchange/tags/software" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>software</span></a> <a href="https://ioc.exchange/tags/development" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>development</span></a> and <a href="https://ioc.exchange/tags/IT" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>IT</span></a> was another area <a href="https://ioc.exchange/tags/AI" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>AI</span></a> “has the potential to fundamentally change how this is done”.</p><p>Look who’s been consulting the economic tea-leaves. Will Vicki and her team be sacked if/when the plan fails? </p><p>Of course not. </p><p><a href="https://ioc.exchange/tags/WhiteCollar" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>WhiteCollar</span></a> / <a href="https://ioc.exchange/tags/sackings" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>sackings</span></a> / <a href="https://ioc.exchange/tags/australia" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>australia</span></a> &lt;<a href="https://theguardian.com/business/2025/may/27/telstra-ai-job-cuts-investors-workforce" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">theguardian.com/business/2025/</span><span class="invisible">may/27/telstra-ai-job-cuts-investors-workforce</span></a>&gt;</p>
earthling<p>The Stockholm International Peace Research Institute (SIPRI) says that global military expenditure rose to $2.72 trillion last year, in the “steepest year-on-year rise since at least the end of the Cold War”.</p><p>Israel’s military expenditure reached $46.5bn in 2024, a 65 percent increase on 2023, and “the steepest annual increase since the Six-Day War in 1967”, SIPRI said.</p><p>Israel’s military burden rose to 8.8 percent of GDP, the second highest in the world.</p><p><a href="https://mastodon.social/tags/military" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>military</span></a> <br><a href="https://mastodon.social/tags/expenditure" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>expenditure</span></a> <br><a href="https://mastodon.social/tags/war" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>war</span></a><br><a href="https://mastodon.social/tags/Gaza" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Gaza</span></a></p>
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