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CEO: JPM To Increase Hiring of AI Talent, Reduce Recruitment of Traditional Bankers
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As AI technology becomes more widespread, JP Morgan (JPM.US) will hire more AI specialists and reduce the recruitment of traditional bankers, JP Morgan CEO Jamie Dimon said. This will enhance employee productivity, and over the long term, the number of banking jobs will decline. Prior to this, remarks by STANCHART (02888.HK) CEO Bill Winters regarding "lower-value human capital" sparked controversy. Dimon said AI-driven transformation can be effectively managed through natural attrition rather than massive layoffs. While AI will reshape employment at all levels, from back-office roles to higher-value functions, it will also create new positions, the CEO said. AASTOCKS Financial News |
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