JPMorgan Chase CEO Jamie Dimon believes artificial intelligence (AI) will transform the modern workplace, predicting that people could work just three and a half days a week “within our lifetime.” Speaking at the America Business Forum in Miami on Thursday, Dimon said, “It’s going to affect every application, every job, every customer interface. My guess is the developed world will be working three and a half days a week in 20, 30, 40 years, and have wonderful lives.”
Dimon, who has turned JPMorgan into a major AI testbed, said nearly 2,000 employees are developing AI systems, while over 150,000 staff already use large language models. The bank has integrated hundreds of AI tools for fraud detection, legal reviews, reconciliations, and marketing optimisation—proof, he said, that automation can sustain output with fewer work hours.
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However, he cautioned that the AI transition won’t be painless. “People should stop sticking their heads in the sand,” Dimon warned, noting that artificial intelligence will “eliminate jobs.” He urged governments and businesses to invest in retraining, income support, and redeployment to manage disruption.
Dimon also highlighted that AI’s infrastructure is capital- and power-intensive, requiring careful investment unlike the early internet boom. He advised investors to assess AI ventures “deal by deal” to avoid chasing risky trends.
Despite potential job losses, Dimon said JPMorgan’s headcount will stay stable or even grow, as AI creates new roles in data, analytics, and tech infrastructure. Calling Nvidia an “unbelievable company,” he said the technology is real and will make firms “hugely productive.”
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