JPMorgan CEO: AI is Transformative Like Printing Press and Internet, Has 400 Use Cases But May Impact Jobs
• Dimon says AI could have a huge transformative impact like the printing press, electricity, internet • JPMorgan Chase has been using AI for a decade, now has over 400 use cases driving business value • They envision AI helping reimagine entire workflows in the future • AI investments often pay for themselves, though may reduce some jobs and create others • Vast data and AI can provide better insights, risk management, customer service