Thomson Reuters CEO on AI bill shock, career risks and his biggest mistake

The president and CEO of Thomson Reuters says the company has had "bill shock this year in the tens of millions of US dollars over and above our budget”.

And while Steve Hasker maintains the global technology and information firm, which is valued at $US40 billion ($57 billion), is disciplined financially, the costs are rising.

This week, BOSS editor Sally Patten sits down with Hasker to find out how the company is navigating these technological advancements and the benefits of making career mistakes.

This podcast was sponsored by the City of Parramatta.

Further reading:

AI bill shock: Corporates revolt against costly models

AI usage is paid in tokens that represent how difficult a given task is, but the cost per token varies wildly for different models.

Five CEOs reveal the best piece of career advice they’ve ever received

The start of a new year is an opportunity to set fresh goals, create new routines and map out work objectives. Five business leaders share their morning routines and tips for getting ahead.

Use of AI ‘tech stacks’ driving demand for lawyers

The more artificial intelligence is used within a law firm, the more professionals are needed to vet the technology’s outputs.

See omnystudio.com/listener for privacy information.