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Summary
JP Morgan CEO, Jamie Dimon, released his annual investment letter to shareholders, in which he highlighted the transformative potential of artificial intelligence (AI). Dimon compared the impact of AI to historical innovations such as the printing press and electricity, saying that AI has the potential to augment virtually every job in the company. JP Morgan has already grown its AI talent to over 2,000 experts and data scientists, with more than 400 AI and machine learning use cases in production.
Key Points
JP Morgan CEO Jamie Dimon believes that AI will have sweeping changes in both business and society as a whole.
Dimon compared the impact of AI to historical innovations like the printing press, electricity, steam engines, and computers.
JP Morgan has already grown its AI talent to over 2,000 experts and data scientists.
The company has more than 400 AI and machine learning use cases in production.
Dimon believes that AI has ...
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