Jamie Dimon recently discussed artificial intelligence (AI), weighing in on how it could affect jobs and how it could get utilized at the bank.
The longtime JPMorgan Chase CEO did so in a Monday interview with Bloomberg, saying AI could “of course, yeah” cause some replacement of jobs. At the same time, he also indicated it would provide some major benefits for people.
“People have to take a deep breath, OK? Technology’s always replaced jobs,” he said. “Your children will live to 100 and not have cancer because of technology, and literally they’ll probably be working three and a half days a week.”
He acknowledged AI has “negatives,” identifying the “biggest” as bad actors deploying for “bad” purposes, according to the Bloomberg interview. Possible areas where he said that could happen include cyber and warfare.
JPMORGAN’S JAMIE DIMON SAYS INTEREST RATES ‘MAY GO UP MORE,’ SAYS HE HOPES FOR SOFT LANDING
AI will “eventually have legal guard rails around it,” he said, adding…
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