Jamie Dimon says AI will let people work 3.5 days a week, live to be 100 and cure cancer

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Jamie Dimon, the CEO of JPMorgan Chase, acknowledged that AI would lead to the elimination of some jobs, but said the tradeoff is worth it.

Emails show JPMorgan working with Jeffrey Epstein to lure Google co-founder Sergey Brin as client: court docsrapid advancement of artificial intelligenceDimon told Bloomberg TV on Monday.“AI is real,” Dimon told Bloomberg TV on Monday. “It’s a living, breathing thing.”

“Errors, trading, hedging, research, every app, every database — you can be applying AI,” the 67-year-old Dimon said.JPMorgan Chase CEO Jamie Dimon is predicting that artificial intelligence will lead to shorter workweeks and the end of cancer.Analysts at Goldman Sachs have predicted that generative AI could eventually wind up costing 300 million people their jobs.

“People have to take a deep breath, OK?” Dimon added when asked about the prospect of massive job losses. “Technology has always replaced jobs,” the chief banker said. “[T]echnology’s done unbelievable things for mankind.”“The biggest negative in my view is that AI is being used by bad people to do bad things,” Dimon said, citing cyber warfare.

JPMorgan Chase CEO Jamie Dimon is predicting that artificial intelligence will lead to shorter workweeks and the end of cancer.

 

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