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Jamie Dimon says businesses are already getting smarter about AI spending
Dimon said that the bank considers the value AI adds and negotiates with vendors "all the time."
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businessinsider.com
Jamie Dimon says AI already reduced jobs in some areas by 40% — but it's not making JPM dramatically cheaper to run
Jamie Dimon told analysts that though AI will lead to huge efficiency gains — and job cuts — it won't shrink operating costs.
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thenextweb.com
Dimon says AI already eliminated 30 to 40 percent of jobs in some JPMorgan divisions
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.
