The JPMorgan Chase CEO says thousands of his bank employees are already using artificial intelligence in their work.
Jamie Dimon, chairman and chief executive officer of JPMorgan Chase & Co speaks on September 25,2019 in New York, US.JPMorgan Chase CEO Jamie Dimon is bullish on the benefits of artificial intelligence, which is already being used by thousands of employees at his bank, and he predicts it'll usher in the norm of a shortened workweek.
When asked if the technology is likely to replace some bank jobs, he responded that "of course" it will, but that "technologies always replace jobs."
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
JPMorgan Chase CEO Jamie Dimon on whether AI will replace some jobs: 'Of course, yeah'Jamie Dimon recently discussed artificial intelligence (AI) with Bloomberg, weighing in on how it could affect jobs and how it could get utilized at the bank.
Read more »
Jamie Dimon says AI will let people work 3.5 days a week, live to be 100 and cure cancerJamie Dimon, the CEO of JPMorgan Chase, acknowledged that AI would lead to the elimination of some jobs, but said the tradeoff is worth it.
Read more »
AI can be used in 'every single process' of JPMorgan’s operations, says CEOTrading, hedging, research and errors are all aspects of the financial sector that can be streamlined by AI, says JPMorgan CEO Jamie Dimon, whose firm already has “thousands” of employees working to make the firm’s services more AI-driven.
Read more »
'Eventually something will break': JPMorgan strategist warns rising bond yields could unleash a 'financial accident'Here's one reason investors might consider betting on a bond-market rebound: because if prices keep falling, and yields keep rising, it could trigger a...
Read more »
These are JPMorgan’s top stocks for OctoberJPMorgan shares its top stocks list for October, including three new addition — one which has rallied over 155% this year but still has 25% upside.
Read more »
JPMorgan's top analysts see similarities to 2007 By Investing.comJPMorgan's top analysts see similarities to 2007
Read more »