Thomson Reuters CEO discusses AI and licensing news content to tech companies

Thomson Reuters (TRI) CEO Steve Hasker joins Yahoo Finance Live anchors Julie Hyman and Josh Lipton to discuss ongoing AI integration strategies after a strong fourth-quarter earnings report. The company announced the licensing of Reuters' news archive to large language model developers. Hasker says Reuters' "greater source of pride" is its speed in leveraging generative AI across segments like legal and tax services.
Hasker expects "profitable growth" through 202 and 2026 from AI adoption. On job displacement fears, he notes it "depends on the profession" while acknowledging "acute talent shortages" in areas like accounting. Hasker believes AI has "a real role to play" in doing complex work to ease strained demand rather than replace professionals.
Overall, Hasker believes AI should be viewed as an asset for closing talent gaps and enhancing human productivity, not as a threat.
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