AI and technology shouldn’t replace retirement planning and policy: auditor
Naz Randeria, director of Reliance Auditing Services, was responding to a claim by tech billionaire Elon Musk that retirement savings could become irrelevant in an age of AI abundance. “It may sound visionary, but Australia’s superannuation system exists precisely because the future is uncertain, not guaranteed,” Randeria said. Musk stated in a recent appearance on the podcast Moonshots with Peter Diamandis, that people should not worry about saving for retirement as it will not be necessary in 10-20 years’ time. He suggested...
