Economist Editor-in-Chief Zanny Minton Beddoes
Mr. Dimon. The impact across the economy. Are you in the camp that, say, someone like Dario Amadei is, you know, half of all entry-level white-collar jobs will be gone in one to five years? Do you think it is going to be a kind of cataclysmic impact on the job market and economy?
JPMorgan Chase Chairman and CEO Jamie Dimon – You’re Going to Get AI and Less Jobs
So here, as a business person, as Jamie Dimon my view is don’t put your head in the sand. It is what it is. We’re going to deploy AI. Will it eliminate jobs? Yes. Will AI change jobs? Yes. Will AI add some jobs? Probably. It is what it is, and you can hope for the world you want, but you’re going to get the world you got, and your competitors are going to use it, countries are going to use it. However, I do think AI may go too fast.for society. If it goes too fast for society, that’s where government and business and the collaboration step in together and come up with a way to retrain people or move it over time.
