Posted 4/8/2024, 10:20:56 AM
Dimon Warns of Economic and Geopolitical Risks While JPMorgan Explores Widespread AI Applications
- JPMorgan Chase CEO Jamie Dimon warns of risks from inflation, political polarization, and global conflicts not seen since WWII
- He is concerned about high government spending and the need for countries to remilitarize and build infrastructure
- Dimon sees less chance of a "soft landing" for the U.S. economy compared to market expectations
- JPMorgan is exploring 400 potential use cases for AI, including in marketing, fraud, risk management, software development, and employee productivity
- Dimon says AI could be as transformational as major past innovations like the printing press, steam engine, electricity, computing, and the internet