JPMorgan Prioritizing AI Hires Over Bankers

Morgan Chase’s CEO envisions a day where the bank hires more AI experts than bankers. “I think it will reduce our jobs down the road,” Jamie Dimon said in an interview with Bloomberg Television Thursday (May 21) at the bank’s China Summit in Shanghai. “There will be all different types of jobs, and I think we will be hiring more AI people and fewer bankers in certain categories, and it will make them more productive.” As Bloomberg notes, Dimon’s remarks highlight a larger shift in the finan