Australia's CBA CEO Warns of AI Job Displacement, Urges Corporate Responsibility

Commonwealth Bank of Australia (CBA) CEO Matt Comyn warned that AI will displace jobs across various industries and emphasized the responsibility of companies to help employees transition.

Tue May 26 2026

AI Expected to Replace Jobs Across Industries

Matt Comyn, CEO of Commonwealth Bank of Australia (CBA), recently warned that artificial intelligence (AI) technology is set to replace jobs across various industries. He anticipates that AI will not only handle repetitive tasks but also complex cognitive functions, leading to widespread job transformation. This trend is observed globally as AI adoption accelerates.

Companies Must Support Employee Transitions

Comyn emphasized that companies have a critical responsibility to help employees transition to new roles in response to AI-driven job changes. He urged businesses to provide employees with opportunities for retraining and new skill acquisition, supporting their adaptation to the evolving work environment. Such efforts are crucial in enabling employees to remain relevant and create new value in the era of AI.

*Source: 香港經濟日報HKET (2026-05-26)*

Tags: #AI #일자리 #호주 #커먼웰스은행