JPMorgan Wants Employees to Go Easy on AI Usage

JPMorgan Chase says it is advising its workers to think twice about their artificial intelligence (AI) usage. This effort by the country’s largest bank, addressed during its Tuesday (July 14) earnings call, comes as many businesses are eyeing their AI consumption amid rising costs. Chief Financial Officer Jeremy Barnum addressed the need for using models when appropriate, citing the example of employing the AI to create report summaries.