JPMorgan CEO says AI could lead to 3.5-day work week but doesn’t explain how

JPMorgan Chase CEO and chair, Jamie Dimon, has said that AI could make a 3.5 day work week a reality for employees.

Dimon made the statements in an interview with Bloomberg TV earlier this week, saying that AI was already being used by thousands at JPMorgan Chase and that it added “huge value for the company”.

Dimon praises the possibilities of AI in the interview, saying that it’s important for people to realise that AI is real.

“It’s a living, breathing thing,” Dimon said.

Dimon also touched on the potential job losses presented by AI.

“People need to take a deep breath, technology has always replaced jobs,” Dimon added.

“Your children could live to 100 and not have cancer because of technology, and literally they’ll probably be working three-and-a-half days a week.