AI is a ‘tool’ not a threat, F&P Healthcare tells shareholders

AI is a ‘tool’ not a threat, F&P Healthcare tells shareholders
Lewis Gradon is relaxed about AI. (Image: Supplied)
Ella Somers
Deep in the belly of Fisher & Paykel Healthcare’s Auckland premises, the medical products company told shareholders it didn’t need to worry about artificial intelligence.“It’s a very interesting question,” chief executive Lewis Gradon told the shareholder who wanted to know what effect and impact the board thought AI would have on the firm.Gradon said F&P Healthcare had first investigated AI 15 years ago. The company had a neural network running AI in the company’s current continuous positive air...

More Markets

NZ sharemaket up 0.1% despite 'volatile' markets
Markets Market Close

NZ sharemaket up 0.1% despite 'volatile' markets

The S&P/NZX 50 Index closed at 12,338.57, up 18.38 points or 0.15%.

NZX-listed companies take stock in wake of US tariff moves
Economy

NZX-listed companies take stock in wake of US tariff moves

Wine makers, manufacturers and others mull what trade wars will bring.

Analysts struggle to find upside from Trump tariffs
Economy

Analysts struggle to find upside from Trump tariffs

‘They've forgotten the lessons of the Great Depression,’ one analyst said.