JPMorgan CEO Jamie Dimon Predicts a Future Shaped by AI: 3.5-Day Workweeks

01.12.2024 - 16:14

JPMorgan CEO Jamie Dimon recently made bold predictions about the future impact of artificial intelligence. Speaking on the rapid advancements in AI, Dimon suggested that people may soon only work 3.5 days a week, live to 100 years old, and even see a world where cancer is eradicated. As technology replaces jobs, including those recently cut at JPMorgan, Dimon expressed optimism that displaced workers could find new opportunities in the evolving job market. Could AI redefine work-life balance and human longevity? Here's what Dimon had to say.

Jamie Dimon, a successful entrepreneur and business leader, is one of the advocates for the development of artificial intelligence (AI) in the business world.

While there are concerns that AI might eliminate certain job sectors, Dimon believes in a balance between technology and business.

Dimon emphasized that AI will enable people to work less in the future.

With the advancement of technology, the weekly working hours for employees could drop to as little as 3.5 days. He stated, “Technology has always replaced some jobs. In the future, your children will live to be 100, they won’t suffer from cancer, and most likely, they’ll work only 3.5 days a week.”

JPMorgan, the largest bank in the United States, has already integrated AI into various operations, including error detection, trading, research, and hedging.

In an interview with Bloomberg TV, Dimon also described AI as a “dynamic, ever-evolving entity” that will bring about significant change.

Regarding layoffs at JPMorgan due to AI, Jamie Dimon expressed optimism about rehiring those affected, highlighting his hope for their future reintegration into the workforce.