Dimon: AI’s effect on labor market ‘may go too fast for society’

By

AI Summary

• JPMorgan CEO expects AI will lead to fewer employees despite global growth. • No direct impact on Texas credit unions mentioned.

Texas Relevance

The article does not mention any specific Texas entities or regulations. It is a general commentary about the potential effects of AI on employment in financial institutions.

Original Content

The JPMorgan CEO expects AI will result in the bank employing fewer people in five years, even as the company grows globally.