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David Bitton

David Bitton

Co-founder of DoorLoop, a property management software company; serial entrepreneur and best-selling author focused on real estate technology and AI in property management.

Jun 9, 2026

1:36
How do you expect the wage increase will impact on your payroll?
1:39
Well, to give you an example, for us, for a $25,000 payroll, payroll, uh, payroll every week, that's gonna cost me around $1,500 a week, which is, uh, $70,000 a year that suddenly I've gotta find overnight.
1:50
That's, that's the first thing.
1:51
So I'm very happy for the employees to get a pay rise, but they put even more pressure on us small businesses.
1:57
But really we, we already are already in a tough condition with, uh, with the climate, with what's going on.
2:03
Then you got to pay superannuation that's coming on the 1st of July that's gonna have to be paid weekly.
2:07
That's gonna affect our cash flow.
6:39
$200,000 a year.
8:09
Yeah.
8:09
So what I think we're gonna see, what I just told you is the, the agent is starting to do work for us on the browser.
8:17
But it's only limited to the browser.
8:18
It can't control my actual computer.
8:20
So I think the next step is probably, hey, it's gonna start controlling your computer.
8:23
Now, what's annoying now is I have to build the prompts, and text, and type.
8:27
Today I wrote a four-page prompt of how to do something, and it took two hours to write that prompt.

10 MINS LATER

18:50
Right.

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