JPMorgan Chase CEO Jamie Dimon acknowledged that AI will cause job changes, stating, "If [AI] changes jobs and operations elsewhere, we'll deal with it. We love to retrain people, redeploy them, re-educate them. And so I'm not worried about it." His focus remains on the company's success and handling the implications of AI as they arise.
Dimon compared AI's transformative potential to historical advancements like the steam engine or the Internet, asserting, "the big picture where technology is the reason humankind lives longer, healthier and more productively with fewer work hours. The benefits are huge." He maintains that despite job eliminations, the overall advantages of AI will outweigh its drawbacks.
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