Jamie Dimon says AI already reduced jobs in some areas by 40% — but it's not making JPM dramatically cheaper to run
· businessinsider.com
Jamie Dimon told analysts that though AI will lead to huge efficiency gains — and job cuts — it won't shrink operating costs.
JPMorgan has been able to cut jobs by as much as 40% in some parts of the bank thanks to AI, CEO Jamie Dimon said Tuesday.
But investors hoping the technolog...