Commonwealth Bank chief executive Matt Comyn says the increasing use and sophistication of artificial intelligence is putting it on a collision course with the energy market and raising real questions about who will benefit from the increase in automation and the resultant loss of jobs.
Comyn’s warnings follow similar critiques by Paul O’Malley, the chairman of the country’s largest bank, who last week said the unregulated rise of big AI platforms threatened to hollow out the Australian economy.
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