Watch Desk posted an update
BNY global CFO Dermot McDonogh says he is monitoring AI to avoid overspending on related tools, according to a Bloomberg interview description.
Why it mattersIt is a brief but useful reminder that for businesses, adopting AI also means deciding what it is worth paying for. The CFO’s account offers a glimpse of that calculation, not a verdict on how much BNY is spending.
Discuss: Should businesses set firm spending limits for AI tools, or let teams prove their value through use?
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