JPMorgan CEO Jamie Dimon’s stark warning: Only one type of skill might survive in workforce, urges workers to develop…
Jamie Dimon said AI could one day help us work less, but not before it would reduce jobs, adding that AI could improve society by comparing it to past technological leaps that raised productivity and standards of living.
Jamie Dimon repeats his warning about artificial intelligence
JPMorgan Chase CEO Jamie Dimon reiterated the impact of artificial intelligence on the economy. He acknowledged that businesses have been cautious about hiring recently, but said it was not about AI and he doubted the technology would significantly reduce employment next year.
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“AI will mostly do great things for humanity, like tractors did, like fertilizers did, like vaccines did,” he said. “You know, maybe one day we’ll be working less, but we’ll be living wonderful lives.”
Dimon said AI will not “significantly reduce” employment next year but will “eliminate jobs.” “This doesn’t mean people won’t have other jobs,” he said, adding that workers should focus on critical thinking, communication and emotional intelligence.
Warning of the ‘real danger’, Jamie Dimon said the adoption of artificial intelligence could outpace society’s ability to train workers. “If this happens too quickly for society, which is possible, we won’t be able to assimilate all these people that quickly,” Dimon said.
Jamie Dimon emphasized that artificial intelligence will eventually replace some jobs and that people should prepare for this change. But notably, this isn’t the first time Dimon has warned that AI will eliminate jobs. In November 2025, Dimon said that artificial intelligence could help people in developed countries move toward a much shorter work week of about three and a half days over the next 20 to 40 years. “My prediction is that the developed world will be working three and a half days a week in 20, 30, 40 years,” Dimon said at the American Business Forum in Miami in November. “Every time you wake up in the morning, you will have agents doing research for you,” he added.
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Jamie Dimon says AI needs to be regulated
Dimon suggested that the public and private sectors have roles to play if AI pervades the economy so rapidly that workers cannot adapt to new roles in time. “We – the government, us companies and society – need to look at how we phase this in a way that doesn’t hurt a lot of people,” he explained. “When you have a town that was damaged by a factory closing years ago, we should have done a little more on trade aid. And you can do that: You can retrain people, relocate people, do income assistance, retire early.”
In November, Dimon predicted that artificial intelligence would help the developed world transition to a shorter work week of just three and a half days within the next 20 to 40 years. “This will eliminate jobs. People should stop sticking their heads in the sand,” he warned.
