Technology

Tech sector revenue up, but AI will see jobs go

09:08 am on 17 November 2023

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This year's Technology Investment Network's TIN200 companies report indicates the top 200 tech sector companies generated more than 17-billion in revenue in the year to June - an increase of 1-point-8 billion on the year earlier.

The report surveys 1200 companies, with the top 200 businesses ranked by revenue.

Fisher and Paykel Appliances and Fisher and Paykel Healthcare lead the pack, followed by Datacom and Xero.

TIN Managing Director Greg Shanahan says it's a rosy picture for the tech sector but the biggest thing holding it back is our ongoing skills shortage.

Susie also speaks with Wellington tech investor and director Serge van Dam, who says the sector is in good heart but the advance of the artificial intelligence revolution has massive implications for white-collar workers who urgently need to upskill and adapt.

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