If you want to bet one way or the other on this question, here's a prediction market on it: https://manifold.markets/GregBaker/will-a-major-australian-bank-report
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Saturday 27 April 2024
Do Australian banks care about AI?
Both the 2022 and 2023 Expert Surveys on Progress in AI have identified that acting as a telephone banking operator (including card services) should be fully achievable by AI by 2026. So a forward looking bank would be reporting their AI expenditure as a way of signalling to the market that they aren't going to be left behind. Will any of them do that this year?
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