Shorter workweeks and cancer cures: Chase Bank boss Jamie Dimon puts an optimistic spin on AI disruption

JPMorgan Chase released its 2025 annual report today, including letters to shareholders from senior executives. In his letter, chairman and CEO Jamie Dimon shared his thoughts on artificial intelligence (AI) and the company’s plans to embrace it. Dimon argued that the pace of the adoption of AI is unlike that of other technologies that came before, like electricity and the internet. While the technology is “transformational,” he cautioned that no one can predict how exactly AI will unfold.  “People will live longer and safer” His overall outlook is optimistic. Dimon says he believes that AI will improve many areas of daily life and business. “AI will affect virtually every function, application and process in the company. And in the long run, it will have a huge positive impact on productivity,” he wrote. “I do not think it is an exaggeration to say that AI will cure some cancers, create new composites and reduce accidental deaths, among other positive outcomes,”