Jamie Dimon, CEO of JPMorgan Chase, cautioned that artificial intelligence will inevitably eliminate jobs, even as it promises long-term gains for productivity and living standards. Speaking in a recent interview with , the head of America’s largest bank said society must prepare for workforce disruption by equipping people with skills that machines cannot easily replicate. Advertisement

While Dimon struck an optimistic note on AI’s potential to improve lives over time, he was blunt about the transition ahead. “It will eliminate jobs,” he said, adding that the pace of change could prove challenging if societies fail to adapt quickly enough.

‘Great stuff for mankind’

Dimon compared the rise of AI to past technological breakthroughs such as tractors, fertilisers and vaccines — innovatio

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