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

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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:

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

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Use of AI ‘tech stacks’ driving demand for lawyers

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