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JPMorgan’s Jamie Dimon predicts AI reducing work weeks to 3.5 days, says ‘Tech has always replaced jobs, but…’ | Company Business News

Livemint · 5m

JPMorgan CEO Jamie Dimon believes that artificial intelligence (AI) will bring positive changes to businesses and work-life balance, potentially allowing for shorter workweeks in the future. While he acknowledges the risks of job displacement, Dimon emphasizes the historical benefits of technology. He mentions that thousands of JPMorgan employees already use AI and highlights the opportunities it presents for improving living standards and healthcare. Dimon hopes to reassign employees affected by AI advancements rather than firing them, as demonstrated by the company's acquisition of First Republic in 2023.