JPMorgan Chase CEO Jamie Dimon warned that artificial intelligence could significantly disrupt jobs and urged policymakers and companies to plan for workforce changes before large-scale displacement occurs. Speaking at a company event, Dimon said businesses and governments should proactively prepare for potential job losses driven by AI. He stressed that the issue should be addressed 'now' rather than after disruption unfolds.

Dimon noted that JPMorgan is already deploying AI across its operations, with about 150,000 employees using a large language model weekly. He said automation may reduce staffing needs over the next five years but emphasized the company is focused on retraining and redeploying workers. 'We have displaced people from AI, and we offer them other jobs. They are usually well-trained and highly talented, very good at things,' he said.

He pointed to autonomous vehicles as an example of technology that could eliminate millions of jobs if adopted overnight, questioning whether society could absorb such rapid change. Dimon suggested technological advances should be phased in to avoid economic shock and indicated support for policies that encourage workforce retraining. Earlier, industry leaders warned that rapid advances in artificial intelligence are reshaping global labor markets and could significantly disrupt jobs across sectors.