JPMorgan Chase & Co chief executive Jamie Dimon has said the bank’s workforce is likely to remain steady or even grow as artificial intelligence becomes more deeply embedded in its operations. His comments counter the widespread concern that automation will cause massive job losses across industries. Speaking to CNN, Dimon explained that JPMorgan’s focus is on using AI to enhance efficiency rather than reduce staff numbers. “We always redeploy,” he said, referring to employees whose roles are reshaped by new technology. While acknowledging that AI will reduce workloads in several areas, he emphasised that “it will also create jobs,” particularly in data, analytics and technology infrastructure. His remarks come as several major US companies, including Amazon, Meta, and Microsoft,
AI to steal your job? JPMorgan’s Jamie Dimon makes this important statement amid layoff fears; hails Nvidia as ‘unbelievable company’
The Times of India1 hrs ago
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