Jamie Dimon, CEO and chair at JPMorgan Chase, predicted that artificial intelligence will allow the next generation of workers to only work three and a half days a week in an interview with Bloomberg Television on Monday—marking the latest of corporate America’s lofty expectations for AI.
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Jamie Dimon, CEO at JPMorgan Chase, is pitcured on April 10, 2019, in Washington, D.C.
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Key Takeaways
- Dimon explained that AI is already being used by thousands of employees at JPMorgan Chase, explaining that it adds “huge value for the company.”
- He said AI is “of course” going to kill some jobs, but explained “technology has always replaced jobs.”
- He said JPMorgan Chase hopes to “redeploy” people who lose jobs to AI.
- In his April shareholder letter, Dimon called AI “critical to our company’s future success” and devoted an entire section of the letter to the new technology.
- He wrote in the letter that the company has found more than 300 use cases for AI.