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Jamie Dimon Notes AI's Impact on Jobs, Not Yet on JPM Costs

JPMorgan Chase CEO Jamie Dimon stated that artificial intelligence has already reduced jobs in some areas by 40%. However, he noted that AI has not yet made the bank dramatically cheaper to run, indicating a complex integration process.

14 Jul, 14:18 — 14 Jul, 14:18
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YahooMostly Factual35d ago

Jamie Dimon says AI already reduced jobs in some areas by 40% — but it's not making JPM dramatically cheaper to run

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