> “We are going to deploy AI as best we can to do a better job for our customers,” he said.

I do appreciate this, regardless of my opinion of Dimon. It's the better attitude than just firing half your people because you're afraid of the competition winning the race to the bottom.

optimism

"“We already have huge redeployment plans for [our] own people,” Dimon said. “In fact, we spoke about it today, and we have to up that a little bit so we can take people who are displaced — and we have displaced people from AI — and we offer them other jobs.”

JPMorgan, the world’s biggest bank by market cap, has the industry’s largest annual tech budget at nearly $20 billion. Its executives have outlined an ambitious agenda to become “fundamentally rewired” for the AI era."

Here comes the third wave. First the writers & artists, then the coders. Now the third wave is the accountants...

"“We already have huge redeployment plans for [our] own people,” Dimon said. “In fact, we spoke about it today, and we have to up that a little bit so we can take people who are displaced — and we have displaced people from AI — and we offer them other jobs.”

JPMorgan, the world’s biggest bank by market cap, has the industry’s largest annual tech budget at nearly $20 billion. Its executives have outlined an ambitious agenda to become “fundamentally rewired” for the AI era."

Here comes the third wave. First the writers & artists, then the coders. Now the third wave is the accountants...