AI May Cut Work Week to 3.5 Days, Says JP Morgan CEO Jamie Dimon

JP Morgan CEO Jamie Dimon predicts that AI will revolutionize workplaces, potentially reducing the standard workweek to 3.5 days. He believes AI will enhance efficiency, lower costs, and improve human lifestyles, with people living longer and healthier lives, potentially reaching 100 years. AI is already transforming the banking sector, automating tasks like trading, research, and error detection. While technology sparks concerns about job losses, a McKinsey report suggests generative AI could automate 60-70% of tasks. Globally, AI could impact 300 million jobs, raising mixed feelings about its rapid advancements.

Related News

{{ news.title }}

Trending News

{{ news.title }}