Jamie Dimon stated that JPMorgan has already integrated AI tools across its operations, with approximately 150,000 employees using a large language model every week to enhance productivity and automate tasks in areas such as research and customer service.

He cautioned that rapid AI-driven automation could reduce staffing requirements over the next five years, using autonomous vehicles as an example of technology capable of displacing millions of jobs if adopted too quickly.

Dimon underscored the need for proactive workforce planning, highlighting JPMorgan's internal retraining initiatives and advocating phased technology rollouts and supportive policies to ensure smooth transitions and minimize economic disruption.