Artificial Intelligence

Artificial Intelligence Storms Wall Street.. Humans and machines in one race

Artificial Intelligence Storms Wall Street.. Humans and machines in one race

The debate on Wall Street is no longer about quarterly profits or the trajectory of interest rates, but has shifted to a deeper and more sensitive question: What is the future of human beings within financial institutions in the age of artificial intelligence? As major American banks announce their financial results, the outlines of a pivotal phase are beginning to emerge, one in which artificial intelligence is no longer merely an aid, but a force capable of fundamentally reshaping the landscape of jobs. The statements of Jamie Dimon, CEO of JPMorgan Chase, the largest American bank, were direct and shocking. Known for his outspokenness, he stated unequivocally that artificial intelligence will eliminate jobs, urging people to stop sugarcoating reality and confront it as it is. Despite his sharp tone, his remarks were not entirely pessimistic. In an interview with Fortune magazine, he indicated that the bank's workforce might remain stable, and perhaps even increase slightly, if …

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