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JPMorgan Chase

CEO Jamie Dimon said the bank is taking steps to address the impact of artificial intelligence on its workers, part of what he said should be a broader societal response to the potentially disruptive nature of AI.

Dimon described at an investor meeting late Monday his bank’s internal plans to shift employees into new roles as automation accelerates.

“We already have huge redeployment plans for [our] own people,” Dimon said. “In fact, we spoke about it today, and we have to up that a little bit so we can take people who are displaced — and we have displaced people from AI — and we offer them other jobs.”