Reddit to the rescue: watchdog sues Microsoft after AI price-hike complaints

featuring Greg Jericho and Elinor Johnston-Leek
Australian Competition and Consumer Commission (ACCC) Chair Gina Cass-Gottlieb at a press conference at Parliament House in Canberra, Thursday, October 10, 2024.
AAP Image/Mick Tsikas

Share

Plenty of big tech companies are losing money on their artificial intelligence investments, begging the question: do people actually want the products?

On this episode of Dollars & Sense, Greg and Elinor discuss the “shock” inflation figures, what energy subsidies have to do with the larger-than-expected increase, and why the Australian Competition & Consumer Commission (ACCC) is suing Microsoft.

Pre-order Aiming Higher: Universities and Australia’s future by George Williams via Australia Institute Press.

The Point, an initiative of the Australia Institute, is live now.

This discussion was recorded on Thursday 30 October 2025.

Host: Greg Jericho, Chief Economist, the Australia Institute // @grogsgamut

Host: Elinor Johnston-Leek, Senior Content Producer, the Australia Institute // @elinorjohnstonleek

Show notes:

So it’s goodbye to lower interest rates – to be honest, the RBA was always looking for an excuse not to cut by Greg Jericho, Guardian Australia (October 2025)

Theme music: Blue Dot Sessions

We’d love to hear your feedback on this series, so send in your questions, comments or suggestions for future episodes to podcasts@australiainstitute.org.au.

Between the Lines Newsletter

The biggest stories and the best analysis from the team at the Australia Institute, delivered to your inbox every fortnight.

You might also like

The Productivity Commission is floating AI copyright exemptions – with worrying implications for Australian authors and publishers

by Alice Grundy

In an interim report released overnight, Harnessing data and digital technology, the Productivity Commission has floated a text and data mining exception for the Australian Copyright Act. This would make it legal to train artificial intelligence large language models, such as ChatGPT, on copyrighted Australian work. AI training would be added to the list of “fair

The Productivity Commission is floating AI copyright exemptions – with worrying implications for Australian authors and publishers

by Alice Grundy in The Conversation

In an interim report released overnight, Harnessing data and digital technology, the Productivity Commission has floated a text and data mining exception for the Australian Copyright Act. This would make it legal to train artificial intelligence large language models, such as ChatGPT, on copyrighted Australian work. AI training would be added to the list of