Australia’s CBA flags surging AI costs as tasks grow complex, slams ‘work slop’
The cost of using AI will rise in less predictable ways as companies deploy the technology for complex tasks, the head of Australia’s biggest bank said on Tuesday, calling the expense a key emerging management challenge.
Commonwealth Bank of Australia CEO Matt Comyn said businesses globally are likely to tighten scrutiny of artificial intelligence-related spending through 2026 as adoption accelerates and pressure mounts to demonstrate returns on investment.
