Jamie Dimon Criticizes Social Media, Urges Gen Z to Read More

The JPMorgan CEO calls TikTok and Facebook a 'total stupid waste of time' and advises young people to focus on reading and learning.

Jamie Dimon, speaking at Georgetown University's Financial Markets Quality Conference, labeled TikTok and Facebook as 'total stupid waste of time.'
Dimon encouraged young people to read widely, including history books and opinions from opposing political views.
He emphasized the importance of developing communication skills and emotional intelligence through face-to-face interactions.
Dimon's comments come amid growing concerns about social media's impact on mental health and its role in spreading misinformation.
The JPMorgan CEO, who plans to step down within five years, also highlighted the need for open-mindedness and critical thinking in today's polarized society.