fromBusiness Insider
18 hours agoJamie Dimon says JPMorgan's $2 billion AI investment is already paying off
Dimon said in an interview with Bloomberg TV on Tuesday that the bank spends about $2 billion a year on AI and is seeing about the same amount in direct benefits. "We have shown that for $2 billion of expense, we have about $2 billion of benefit," Dimon said. "We did this, we reduced headcount, we saved this time and money."
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