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JPMorgan’s Dimon Says AI Won’t Dramatically Cut Jobs Next Year

He urges strong regulation with a phased rollout to manage slower-moving job losses.

Overview

  • In a Fox News interview, Jamie Dimon said AI is unlikely to dramatically reduce jobs over the next year and will deliver broad benefits.
  • He acknowledged AI will eliminate some roles over time and urged workers to build critical thinking, emotional intelligence, communication, and writing skills.
  • He called on government and large companies to phase in AI and provide retraining, relocation, income assistance, or early retirement where needed.
  • He said AI deployment is creating near-term employment through infrastructure work, including construction and fiber‑optic projects.
  • He argued recent weakness in jobs and wages began before widespread AI adoption, disputing the idea that current hiring caution stems from the technology.