Jamie Dimon on AI: Bubble or Business?
Update: 2025-10-15
Description
Is AI a bubble or the next Industrial Revolution? JPMorgan CEO Jamie Dimon warns of AI's disruptive power, urging leaders to prepare for potential job losses and social upheaval. While Dimon acknowledges some AI hype, he stresses the technology's real impact, citing JPMorgan's $2 billion in savings from AI applications. He calls for investment in retraining, thoughtful regulation, and responsible AI implementation to avoid being left behind.
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