"Many people may learn about AI by playing around with ChatGPT. The superrich may learn by flying their entire family to an educational course at an Ivy League university. In hourlong conversations, some of JPMorgan's wealthiest clients revealed how they're using AI in their personal and professional lives. Of the 111 billionaire principals, 79% said they use the technology in their personal lives, and 69% said they use it in their businesses."
"Some of their use cases are to be expected: writing and research, travel planning, administrative tasks, and data analysis. Yet the ultra-rich clients, whose combined net worth tops $500 billion, also reported more niche ways they've used AI in the bank's 2025 Principal Discussions Report. When it comes to business, one respondent said that AI had helped them avoid $100,000 in legal research. (A flurry of legal tech startups has emerged to try to strip law firms of time-consuming routine work.)"
Seventy-nine percent of 111 billionaire principals reported using AI in personal lives, and 69% reported using it in businesses. The combined net worth of the ultra-rich respondents exceeds $500 billion. Common applications include writing and research, travel planning, administrative tasks, and data analysis. Niche uses reported include designing a blueprint for a plane, using AI to avoid $100,000 in legal research, and generating customized bedtime stories with emotional twists. Several respondents flew to Ivy League schools for AI courses and sometimes attended with family. Around 7% identified AI as the biggest global risk. AI data centers threaten sustainable energy targets and air-pollution-related public health costs could reach $9.2 billion annually.
Read at Business Insider
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