JPMorgan CEO Jamie Dimon predicts AI will cut the workweek down to 3.5 days—and tells Gen Z developing EQ is more important than ever
JPMorgan CEO Jamie Dimon predicts AI will cut the workweek down to 3.5 days—and tells Gen Z developing EQ is more important than ever
AI is looming over many white-collar workers like a dark cloud, threatening to automate their jobs. But JPMorgan CEO Jamie Dimon said there are sunnier days ahead thanks to the tech’s productivity gains—people will have more jobs than ever, and will be clocking in fewer hours a day.
“I believe that 30 years from now, your kids are probably working three and a half days a week,” Dimon told CBS in a recent interview.
The CEO of the $794.5 billion bank said the world is becoming “very productive” thanks to AI; he predicted a future of healthier, happier humans who will be able to “hike more” and enjoy their pursuits outside of their shortened 3.5-day workweeks. In his annual letter to JPMorgan shareholders released this morning, Dimon reiterated that these improvements are well underway—even if his more optimistic claims are still decades from fruition.
“I do not think it is an exaggeration to say that AI will cure some cancers, create new composites and reduce accidental deaths, among other positive outcomes. It will eventually reduce the workweek in the developed world,” Dimon wrote in his recent letter to shareholders. “People will live longer and safer.”
However, Dimon isn’t willing to bury his head in the sand about the short-term effects of AI. The bank’s leader has been open about AI’s impact on jobs, flagging the risk of........
