JPMorgan Chase chairman and CEO Jamie Dimon joins ‘Sunday Morning Futures’ to debate a trillion-dollar initiative to deliver important trade again to America, financial tensions with China, his tackle the federal government shutdown and extra.
JPMorgan Chase CEO Jamie Dimon supplied an optimistic outlook on synthetic intelligence (AI), predicting the know-how is not going to “dramatically scale back” jobs over the following yr — offered it’s correctly regulated.
Dimon was requested by Fox Information’ Maria Bartiromo on “Sunday Morning Futures” what Individuals ought to do to arrange for this “new revolution that is underway with AI,” particularly provided that the know-how is “creating efficiencies to the extent that it’s reducing jobs.”
Earlier than answering the query straight, Dimon prefaced his response by noting that jobs and wages had been weakening even earlier than the rise of widespread AI adoption, and that know-how is to not blame for that development.
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Jamie Dimon, chief government officer of JPMorgan Chase & Co., on the UK International Funding Summit at Hampton Courtroom Palace in London, UK, on Monday, Nov. 27, 2023. (Chris Ratcliffe/Bloomberg through Getty Photographs / Getty Photographs)
“Look, I do not assume AI goes to dramatically scale back jobs like unbelievably subsequent yr. And for essentially the most half, AI goes to do nice stuff for mankind, like tractors did, like fertilizer did, like vaccines did — it’s going to save lives,” Dimon stated.
“Now, after all, it must be correctly regulated,” he added. “There are downsides to AI, similar to there are to airplanes, prescribed drugs, vehicles. All issues get utilized by dangerous folks. So assuming that the federal government discovered some option to put guardrails round AI… however it would remove jobs. It does not imply that folks will not produce other jobs.”
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The CEO continued, providing his recommendation for Individuals who could also be apprehensive about AI affecting their careers.
Jamie Dimon, chief government officer of JPMorgan Chase & Co., speaks throughout the America Enterprise Discussion board in Miami, Florida, on Thursday, Nov. 6, 2025. (Eva Marie Uzcategui/Bloomberg through Getty Photographs / Getty Photographs)
“My recommendation to folks can be, you already know, important considering, be taught abilities, be taught your EQ, learn to be good in conferences, learn how to talk, learn how to write. You will have loads of jobs and, if it does occur too quick for society, which is feasible, you already know, we will not assimilate all these folks that shortly,” Dimon stated.
Based on Dimon, if the federal government and enormous firms are initially unable to make widespread AI adoption work for the general public, it is as much as these events to determine a plan to part within the know-how “in a approach that will not injury lots of people.”
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The CEO reiterated that whereas some jobs could also be misplaced to AI, the know-how can be utilized to “retrain folks, relocate folks,” and supply revenue help and even early retirement.
“The subsequent job could also be a greater job, however they should learn to do the job,” he added, noting once more that folks with specialised abilities will at all times be beneficial.
Jamie Dimon predicted that abilities like building shall be very important in constructing the infrastructure wanted for AI.
“It may trigger in all probability extra jobs within the brief run in whole,” he added.
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