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Jamie Dimon says AI already reduced jobs in some areas by 40% — but it's not making JPM dramatically cheaper to run

Jamie
Business Insider Fews App News Provider
Fews App Post Time Hace 8h

JPMorgan reported second-quarter earnings on Tuesday. Bloomberg/Getty ImagesJamie Dimon said AI has let JPMorgan cut jobs by as much as 40% in some areas. He told analysts on the bank's earnings call that the tech won't make JPMorgan much cheaper to run, yet.

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