Wesfarmers chairman Michael Chaney urges caution on AI in farewell to investors
Outgoing chairman says the conglomerate's success came from culture and 'logical incrementalism'
Michael Chaney will step down as chairman of Wesfarmers after Thursday's annual meeting, using his farewell to investors to credit the company's culture for its record and to urge caution on artificial intelligence, warning of cyber risk and surprises from AI agents.