Matt Comyn urges Australia to resolve AI copyright standoff
After interviewing OpenAI’s Sam Altman, the CBA chief urged Canberra to find a fair copyright mechanism and seize Australia’s data centre opportunity.
Commonwealth Bank chief executive Matt Comyn has urged the federal government to resolve its copyright stoush with AI companies, as he lays out a vision for Australia to capitalise on the technology.
Fresh from a 45-minute interview with OpenAI chief executive Sam Altman, in which the pair talked up the AI opportunity, Comyn said tech companies must follow the rule of law while making a fair economic contribution.
“Hopefully an appropriate mechanism can be found because copyright and rights should be respected, and I think it’s an important opportunity for Australia, both economically and, I think, from a national security perspective,” he said on the sidelines of the bank’s AI Accelerate event in Sydney.
“The rights of holders of intellectual property should be respected, and you’ve got to think, what’s the most appropriate commercial response to that.”