JPMorgan Chase chairman and CEO Jamie Dimon says we shouldn’t deny that AI will create and eliminate jobs — but from his standpoint, the changes are inevitable and the bank, which is the biggest in the U.S. with $3.4 trillion in assets, will handle them as they come.
“If [AI] changes jobs and operations elsewhere, we’ll deal with it,” Dimon said in a Tuesday interview with Bloomberg. “We have turnover 20% a year. We love to retrain people, redeploy them, re-educate them. And so I’m not worried about it.”
Dimon said his focus was on having a successful company and the bank would deal with any downsides of AI, including job
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