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Jamie Dimon predicts AI will benefit mankind if properly regulated

JPMorgan Chase CEO Jamie Dimon offered an optimistic outlook on artificial intelligence (AI), predicting that the technology will not “significantly reduce” jobs over the next year – provided it is properly regulated.

Fox News Channel’s Maria Bartiromo asked on “Sunday Morning Futures” what Americans should do to prepare for this “new revolution underway in artificial intelligence,” especially as the technology “creates efficiencies to the point where it cuts jobs.”

Just before answering the question, Damon prefaced his answer by pointing out that jobs and wages were weakening even before widespread AI adoption emerged, and that technology is not responsible for this trend.

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Jamie Dimon, CEO of JPMorgan Chase & Co., at the UK Global Investment Summit at Hampton Court Palace in London, UK, on ​​Monday, November 27, 2023. (Chris Ratcliffe/Bloomberg via Getty Images/Getty Images)

“Look, I don’t think AI is going to cut jobs incredibly dramatically next year,” Dimon said. “Mostly, AI will do great things for humanity, just like tractors did, like fertilizers did, like vaccines did — it will save lives.”

“Now, of course, it has to be properly organized,” he added. “There are downsides to AI, just like there are airplanes and drugs and cars. All things are exploited by bad people. So, assuming the government figures out some way to put barriers around AI…but it will kill jobs. That doesn’t mean people won’t have other jobs.”

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The CEO went on to offer advice to Americans who may be concerned about the impact of artificial intelligence on their careers.

Jamie Dimon at the American Business Forum

Jamie Dimon, CEO of JPMorgan Chase & Co, speaks during the US Business Forum in Miami, Florida, on Thursday, November 6, 2025. (Eva Marie Ozcategui/Bloomberg via Getty Images/Getty Images)

“My advice to people is, you know, think critically, learn skills, learn emotional intelligence, learn how to be good in meetings, how to communicate, how to write,” Damon said. “You’re going to have too many jobs, and if it happens too quickly for society, which is possible, you know, we’re not going to be able to absorb all those people that quickly.”

According to Damon, if the government and big companies are initially unable to make widespread AI adoption available to the public, it is up to those parties to develop a plan to gradually implement the technology “in a way that doesn’t harm a lot of people.”

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The CEO emphasized that while some jobs may be lost to AI, the technology could be used to “retrain people, move them around,” provide income assistance or even early retirement.

“The next job might be a better job, but they have to learn how to do that job,” he added, noting again that people with specialized skills will always be valuable.

Construction work divided by AI logo

Jamie Dimon predicted that skills such as construction will be vital in building the infrastructure needed for artificial intelligence.

“This will likely create more jobs in the short term overall,” he added.

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2025-12-07 19:06:00

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