JPMorgan’s New Strategy: Outsmart Everyone (With Robots)

At JPMorgan, AI isn’t a fancy experiment anymore — it’s basic infrastructure, right up there with payment systems, data centers, and whatever keeps your credit card working at 2 a.m.

CEO Jamie Dimon basically said, “If we don’t pour money into AI, some other bank will — and then they’ll take our lunch and our interns.”

So now the bank’s AI army helps draft documents, sort research, and make boring tasks faster — all while humans still make the big decisions (and get the blame when things go wrong).

Forget the Silicon Valley hype about robots stealing jobs — JPMorgan’s pitch is that AI just cleans up the paperwork. And since the bank employs hundreds of thousands of people, even small productivity gains equal a mountain of money.

Sure, the tech budget is getting scary‑big, but Dimon calls it “insurance against falling behind,” which sounds way nicer than “we’re terrified of Citibank’s AI.”

Bottom line: JPMorgan isn’t turning into Skynet — it’s just teaching its spreadsheets to think faster.

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