JPMorgan Chase CEO Jamie Dimon doesn’t sugarcoat AI's impact on jobs
JPMorgan Chase CEO Jamie Dimon issued a stark warning about AI's disruptive potential, predicting job losses but also opportunities for worker redeployment. The bank is investing $2 billion annually in AI, already realizing significant cost savings and benefits. Dimon emphasized proactive adaptation, noting AI's integration across all bank functions and the importance of employee retraining.
JPMorgan Chase CEO Jamie Dimon issued a stark warning about AI's disruptive potential, predicting job losses but also opportunities for worker redeployment. The bank is investing $2 billion annually in AI, already realizing significant cost savings and benefits. Dimon emphasized proactive adaptation, noting AI's integration across all bank functions and the importance of employee retraining.
