Jamie Dimon, the CEO of JPMorgan Chase, mentioned in an interview conducted in Shanghai that with the increasingly prevalent use of AI technology, this Wall Street behemoth might opt to hire a greater number of AI specialists and scale down the recruitment of traditional bankers in the times ahead. He holds the view that, in the long term, AI will lead to a decrease in job openings overall but will give rise to a diverse array of new job types. Banks will bring on board more AI talents, cut down on the quantity of bankers in specific fields, and, at the same time, boost the productivity of their workforce.
