JPMorgan CEO Jamie Dimon said artificial intelligence will eliminate jobs as automation expands, calling on workers, companies, and governments to prepare for workforce disruption, during a recent interview with Fox News in the United States.
What JPMorgan said about AI and jobs
JPMorgan chief Jamie Dimon said job losses linked to artificial intelligence are inevitable. He stated that societies must recognise the scale of change rather than ignore it. Preparation, he said, will shape how smoothly the transition unfolds.
He also rejected claims that AI is already driving hiring slowdowns. According to Dimon, broader economic conditions explain recent caution among employers. AI-related displacement, he said, will emerge gradually rather than immediately.
Impact on workers and employers
JPMorgan urged workers to focus on skills that machines struggle to replicate. Dimon pointed to critical thinking, creativity, emotional intelligence, and communication. Technical knowledge alone, he said, will not be enough in an AI-driven economy.
He warned that rapid automation could strain societies if retraining systems fail to scale. Job displacement, he said, does not mean permanent unemployment. Adaptation, however, must happen fast enough to absorb change.
How JPMorgan frames the technology shift
JPMorgan compared artificial intelligence to past technological shifts such as tractors, fertilisers, and vaccines. Those innovations raised productivity and living standards while displacing workers in the short term. AI, Dimon said, follows a similar pattern.
He described artificial intelligence as beneficial for humanity over time. Still, he acknowledged that near-term disruption remains unavoidable during the adjustment phase.
What earlier JPMorgan remarks indicate
In November 2025, JPMorgan CEO Jamie Dimon said artificial intelligence could eventually reduce working hours in developed economies. He suggested people may work three and a half days a week within 20 to 40 years. He made the remarks at the America Business Forum in Miami.
Dimon said governments and companies must plan better than in past transitions. He highlighted retraining, relocation support, income protection, and early retirement planning. The shift, he said, must be phased carefully to limit harm.
