Work Futures

Banking Chiefs Warn AI Will Reshape Jobs While Boosting Productivity

Sourced from 2 publications

  • •UBS's Iqbal Khan said AI will improve productivity by freeing up capacity but will also affect jobs, speaking at the UBS Asian Investment Conference in Hong Kong.
  • •CBA CEO Matt Comyn warned that AI will eliminate jobs across the economy and said companies must help workers plan for the transition.
  • •Khan also discussed UBS's China business and geopolitical challenges during a Bloomberg interview at the conference.
  • •Neither executive announced specific workforce restructuring plans or policy commitments.

Sources

UBS' Khan on China Business, AI Impact and Middle East (Full Interview)

Bloomberg

UBS’ Khan Says AI Will Impact Jobs While Aiding Productivity

Bloomberg

Iqbal Khan on Geopolitics, AI, and Growth

Bloomberg

Top Australian banker flags job cuts as more AI tools roll out

Thestar

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