JPMorgan Chase CEO Jamie Dimon warns AI could wipe out millions of jobs in America

JPMorgan Chase CEO Jamie Dimon warns of rapid, widespread job losses due to AI, urging government and businesses to prepare. He advocates for incentives to retrain workers, offer early retirement, and facilitate transitions. Big banks are already reducing hiring as AI integration accelerates, highlighting the pressing need for proactive measures to manage these swift economic shifts.

By TOI TECH DESK