Generative AI will be 'transformative': Thomson Reuters CEO

Thomson Reuters (TRI) is spending big bucks to invest in generative AI. The company has committed to investing $100 million a year in the new technology, including training employees and integrating AI into its products.Thomson Reuters CEO Steve Hasker says that, for professionals, generative AI will be "as big or bigger in terms of its transformative impacts" than things like the cloud or the internet. Hasker believes professionals will be able to provide more value-added advice because AI will be handling more of the mundane tasks. But should workers be afraid that AI will cost them their jobs? Watch the video above to find out what Hasker has to say. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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