Narratives about artificial intelligence are swirling – fanning hope and horror alike. Take your pick. Fearful fixation upon massive, electricity-bingeing data centres spreading fast in Melbourne, Sydney and beyond. Talk of tech titans slashing jobs, citing AI efficiencies. Forecasts of supercharged productivity and profits – alongside mass unemployment.These tales and more vie for your attention. But slow down. Parsing fact from science fiction requires a clear-eyed view.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles