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Models & ResearchAI AgentsAI DevelopmentInfrastructure & HardwareImage, Video & AudioRobotics & Autonomous SystemsBusiness & IndustryPolicy & RegulationSafety & SecurityBenchmarks & EvaluationOpen Source & CommunityAI in Society
Robotics & Autonomous SystemsBusiness & IndustryPolicy & RegulationSafety & SecurityBenchmarks & EvaluationOpen Source & CommunityAI in Society

11 NovPolicy & RegulationBloomberg

ANZ CEO Matos Warns of Global Jobs Crisis Without AI Rules

AIAI-generated summary ANZ Group Holdings Ltd. Chief Executive Officer Nuno Matos stated during a parliamentary hearing in Canberra that global regulation is needed to manage the impact of artificial intelligence on the labor market. Matos warned that large-scale job cuts of up to 50% could trigger an international crisis if the technology is left unmanaged.

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