Dimon: AI as Transformative as Electricity, But Raises Job Disruption and Other Risks
- Jamie Dimon believes AI will have a huge business impact like electricity and the internet
- AI is already transforming workplaces and could disrupt 40% of jobs
- JPMorgan is exploring AI for software engineering, customer service, operations
- Dimon recognizes risks of AI like cybersecurity threats
- Dimon warns high inflation, fiscal spending, geopolitics are very risky