Overview
- Speaking on Fox News, the JPMorgan CEO said AI should be properly regulated and is unlikely to dramatically reduce jobs in the next year.
- Dimon warned AI will eliminate roles over time and urged workers to build skills in critical thinking, communication and emotional intelligence.
- He called for a managed transition that includes retraining, relocation support, income assistance and early retirement, noting AI infrastructure is creating near-term construction and fiber jobs.
- Labor experts said major disruptions could take hold in three to five years, with early effects likely in entry-level white-collar work and call centers and slower adoption at smaller firms.
- Recent surveys report high anxiety and low trust: 41% of professionals feel overwhelmed by AI expectations, half of Americans are more concerned than excited, and nearly three-quarters expect fewer jobs over the next decade.