Jamie Dimon: Next Gen Employees Will Work 3.5 Days A Week And Live A 100 Years

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Jamie Dimon: Next Gen Employees Will Work 3.5 Days A Week And Live A 100 Years

Employment 2 Mins Read October 4, 2023 Posted by Soumava Goswami

Last Updated on: September 20th, 2024

Jamie Dimon, the CEO of JP Morgan, made various predictions about the significance of AI for humanity. Instead of making statements about how he sees AI technology vastly improving businesses and enabling employees to have a work-life balance, he shook off some doomsday predictions.

Dimon is a fierce advocate of long-established career norms like working hard and staying in the office. Even a person like him is of the opinion that employees in the next generation will be able to work 1.5 days less every week. He also predicted that staff in the future can live up to 100 years.

Dimon said that thousands of people in the biggest bank in the United States are already using AI technology. This made AI a ?living breathing thing,? which will shift more in the course of history. JP Morgan can utilize the technology for a vast range of areas to deal with trading, research, hedging, errors, and more. This arguably illustrates the fears that AI will take over the jobs of humans.

According to Yahoo Finance,

?Goldman Sachs predicts that approximately 300 million jobs will be lost to the technology, with around a quarter of the American workforce fearing in the future they will lose their roles to artificial intelligence.?

However, Dimon is also of the opinion that society grappled with the advancement of technology before. He also added that with the advancement of AI and large language models, there are a lot of chances to improve the living standards of humans.

Dimon states,

?Technology has always replaced jobs. Your children are going to live to 100 and not have cancer because of technology, and literally, they?ll probably be working three-and-a-half days a week.?

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Inspired by The Social Network, Soumava loves to find ways to make small businesses successful – he spends most of his time analyzing case studies of successful small businesses. With 5+ years of experience in flourishing with a small MarTech company, he knows countless tricks that work in favor of small businesses. His keen interest in finance is what fuels his passion for giving the best advice for small business operations. He loves to invest his time familiarizing himself with the latest business trends and brainstorming ways to apply them. From handling customer feedback to making the right business decisions, you’ll find all the answers with him!

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