Jamie Dimon says AI may be as impactful on humanity as printing press, electricity and computers
Publishing timestamp: 2024-04-08 10:46:42
Summary
Jamie Dimon, CEO of JPMorgan Chase, believes that artificial intelligence will have a profound impact on society. He also discussed inflation, geopolitics, social media, and the bank's recent acquisition of First Republic in his annual letter to shareholders. JPMorgan is heavily investing in AI technology and has over 2000 employees working on various applications. Dimon also expressed concerns about inflation, geopolitical risks, and the need for collaboration between banks and regulators. Additionally, he highlighted the importance of national security in today's troubled world.
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Keywords: technology, inflation, jamie dimon, business news, breakingnewsglobal, banks, breaking news: markets, breaking news: technology, nvidia corp, investment strategy, jpmorgan drn, breaking news: investing,