Jamie Dimon Says AI Will Change Your Jobs, But It May ‘Eliminate’ Some Careers As Well

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JPMorgan Chase & Co. JPM CEO Jamie Dimon recently advised employees to view artificial intelligence-driven job elimination as beneficial, telling workers that ā€œattrition is your friend.ā€

What Happened: The comments came during a wide-ranging town hall in Columbus, Ohio, last week that included his now-viral criticism of remote work, according to audio recordings obtained by Business Insider.

ā€œItā€™ll change some of your jobs ā€” for a lot of you it will be a copilot, for a lot of you it will take away the drudgery, and it may very well eliminate jobs, too,ā€ Dimon said regarding artificial intelligence. He suggested the bank could ā€œretrain and reskill and redeploy peopleā€ affected by automation.

See Also: Bitcoin, Ethereum, Dogecoin Dip As Investors Seek Volatility Over A Dull Weekend: Analyst Thinks ā€˜Blindlyā€™ Longing The BTC Range Lows May Not Be A Good Idea

Why It Matters: The town hall gained attention after Dimonā€™s comments against remote work spread on social media. A TikTok video posted by Barronā€™s garnered 2.4 million views, featuring Dimonā€™s colorful dismissal of work-from-home Fridays.

ā€œDonā€™t give me this shit that work-from-home-Friday works,ā€ Dimon told employees. ā€œI call a lot of people on Fridays, and thereā€™s not a goddamn person you can get a hold of.ā€

Dimon also admitted the bank had failed to keep pace with fintech innovations and even trailed some competitors. ā€œBank America does something better than us. Shocking, I know,ā€ he said, noting they ā€œwere ahead of us in digital.ā€

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