TLDR
- JPMorgan CEO Jamie Dimon says AI will eliminate jobs but not dramatically reduce them in the next year
- Dimon believes AI could eventually lead to a 3.5-day workweek within 20 to 40 years
- He warns society must prepare for job losses and train workers quickly to avoid damage
- The CEO recommends workers focus on critical thinking, communication, and emotional intelligence
- Other bank CEOs including David Solomon and Charles Scharf agree AI will reduce headcount while creating opportunities
JPMorgan Chase CEO Jamie Dimon addressed the impact of artificial intelligence on the workforce in a recent Fox News interview. He said AI will eliminate jobs but not cause dramatic reductions in the next year.
OPTIMISTIC OUTLOOK: JPMorgan Chase CEO Jamie Dimon believes artificial intelligence will do "great stuff for mankind" and could even "save lives" — but warns that if it's not "properly regulated," it could mean job losses for some Americans. pic.twitter.com/cwhIKCPVbI
— Fox News (@FoxNews) December 8, 2025
Dimon spoke on “Sunday Morning Futures” with Maria Bartiromo about how Americans should prepare for AI adoption. He compared AI to past technological advances like tractors and vaccines that improved society.
“For the most part, AI is going to do great stuff for mankind,” Dimon said. He added that technology would save lives and boost productivity.
The banking executive stressed that job losses from AI are coming. “It will eliminate jobs,” he stated plainly. But he clarified that workers will find other employment opportunities.
Dimon warned that the pace of AI adoption could outpace society’s ability to adapt. “If it does happen too fast for society, which is possible, we can’t assimilate all those people that quickly,” he said.
Government and Companies Must Plan AI Transition
The JPMorgan CEO said governments and corporations need to manage the AI rollout carefully. They should phase in the technology to avoid damaging large numbers of workers.
He suggested several solutions for displaced workers. These include retraining programs, relocation assistance, income support, and early retirement options.
Dimon emphasized that workers with certain skills will remain valuable. He advised people to develop critical thinking, communication abilities, and emotional intelligence.
“Learn skills, learn your EQ, learn how to be good in meetings, how to communicate, how to write,” Dimon said. He promised that workers who develop these skills will find plenty of jobs.
Three-Day Workweek Could Arrive in Decades
Last month at the America Business Forum in Miami, Dimon made a bolder prediction. He said the developed world could shift to a 3.5-day workweek within 20 to 40 years.
“Maybe one day we’ll be working less hard, but having wonderful lives,” he told Fox News. The CEO envisions AI agents handling research and routine tasks for workers.
Dimon acknowledged that AI needs proper regulation. He compared it to other technologies like airplanes and pharmaceuticals that require guardrails.
“There are downsides to AI, just like there are to airplanes, pharmaceuticals, and cars,” he said. Bad actors could misuse the technology without proper controls.
Other major bank CEOs share similar views on AI disruption. Goldman Sachs CEO David Solomon told CNBC in October that AI will shift job functions but create opportunities.
Wells Fargo CEO Charles Scharf was more direct in his assessment. He told Reuters that anyone denying AI will reduce headcount is either uninformed or dishonest.
Dimon previously warned executives at a Fortune conference to stop ignoring AI’s impact. “People should stop sticking their heads in the sand,” he said about inevitable job displacement.
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