Wesfarmers chair Michael Chaney preaches AI caution amid all the talk of transformation
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Wesfarmers is taking a cautious approach to the use of AI. The company owns Bunnings and has a history of avoiding hasty actions. This measured strategy is part of how it became one of the most successful companies in Australia.
Wesfarmers, which owns Bunnings, did not make itself one of Australia’s most successful companies by acting in haste. Its approach to AI is no different.