ANZ chief won't rule out AI-driven job cuts as risks mount

hcamag.com

ANZ's CEO Nuno Matos has not ruled out AI-driven job cuts, citing uncertainty about AI's impact on employment and joining other executives warning about the rapid pace of AI development and its risks. He highlighted concerns over potential economic disruption, misuse of AI, and the need for caution as industry leaders urge slowing down AI advancement. Matos emphasized that AI poses significant risks, including threats to infrastructure, despite its potential to improve lives.

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All articles from 16 September 2026. Summaries are AI-generated and may contain errors; the linked article is the authority.