Jamie Dimon told analysts that AI has already eliminated 30 to 40 percent of jobs in some JPMorgan units, but competitive pressure will erase margin gains.

JPMorgan CEO Jamie Dimon warned AI-powered cyber threats are the biggest risk to America, with the bank spending nearly $600M yearly on cybersecurity

Jamie Dimon warns AI amplifies cybersecurity risks as JPMorgan tests Anthropic's Mythos model, which found thousands of unpatched vulnerabilities.