Jamie Dimon told analysts that though AI will lead to huge efficiency gains — and job cuts — it won't shrink operating costs.
By
Alice Tecotzky
You're currently following this author!
Want to unfollow? Unsubscribe via the link in your email.
JPMorgan reported second-quarter earnings on Tuesday.
Jamie Dimon told analysts that AI has already eliminated 30 to 40 percent of jobs in some JPMorgan units, but competitive…
Dimon said that AI will impact "every job," and acknowledged efficiencies from the technology will lead to downsizing.
Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.Jump to contentThank…
Jamie Dimon says JPMorgan will hire more AI specialists and fewer traditional bankers, as AI boosts productivity across…
“I think it’s incumbent upon us, society, to think through if it happens too fast...”
Jamie Dimon riconosce per la prima volta che l'intelligenza artificiale ha gi� portato alla riduzione del personale in alcune…
