Jamie Dimon warns of AI job 'tsunami': Millions of jobs at risk

• JPMorgan Chase CEO Jamie Dimon warns AI will lead to significant job losses, comparing its impact to past technological revolutions.
• Dimon emphasizes the need for society to prepare for workforce changes by focusing on skills AI cannot easily replicate, such as critical thinking and creativity.
• While AI promises long-term benefits like increased productivity, Dimon cautions against immediate job displacement and the need for careful management of the transition.
• He urges governments, companies, and society to plan for retraining, job transitions, and income support to avoid past mistakes in managing industrial changes.
• Dimon previously predicted AI could lead to a 3.5-day work week in developed economies within 20-40 years, but stresses the need for careful adaptation.

Why It Matters: Jamie Dimon warns AI will displace many jobs, urging societal adaptation.