JPMorgan's Jamie Dimon Says AI Is Going to Eliminate Some Jobs

When it comes to AI, which parts of the JP Morgan business are going to be most transformed by AI? >> Yeah, so we already we've been doing AI since 2012. So people think it's a new thing. Gen AI is kind of new, but not all AI. We have 2,000 people doing it. Spend $2 billion a year on it. It affects everything. Risk, fraud, marketing, idea generation, customer service, and it's kind of the tip of the iceberg. And so, you know, we're deploying it. Every time we meet as a business, we ask, "What are you doing ...