Rollout of AI may need to be slowed to ‘save society’, says boss of JP Morgan | AI (artificial intelligence)
Publish Date: 2026-01-21 13:20:00
Source Domain: www.theguardian.com
- Jamie Dimon, JP Morgan’s CEO, warns that rapid deployment of AI could lead to civil unrest if displaced workers are not supported.
- Dimon highlights the need for a phased introduction of AI to allow governments and businesses to offer retraining and support for negatively impacted workers.
- He cites the impact on the US commercial lorry drivers due to the advent of driverless trucks as a potential flashpoint for civil unrest.
- Dimon criticizes Trump’s immigration policies and suggests addressing internal anger while emphasizing the positive contributions of migrants in various sectors.
- Jensen Huang, CEO of Nvidia, argues that job losses due to AI are more overstated than actual; instead, AI infrastructure development is creating various jobs, especially in trade crafts.
- Huang believes the current buildup of AI and chip infrastructure could push up salaries and stimulate economies, positioning Europe to leap beyond software dominance.