Jamie Dimon Says AI Will Eliminate Jobs, 'It Is What It Is' — But Warns Cutting $150,000 Truck Driving Jobs To $25K A Year Would Bring 'Civil Unrest' (finance.yahoo.com)

submitted 18 hours ago* (last edited 18 hours ago) by Sunflier@lemmy.world to c/futurology@lemmy.world

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For workers wondering how far artificial intelligence could go, JPMorgan Chase CEO Jamie Dimon has a straightforward answer — AI is going to change the job market, whether people are ready for it or not. Some jobs will disappear, others will change and new ones will likely emerge. But Dimon warned that the speed of that transition could matter just as much as the technology itself.

"As a business person, my view is don't put your head in the sand," Dimon said at the World Economic Forum's annual meeting in Davos, Switzerland, in January. "It is what it is. We're going to deploy it. Will it eliminate jobs? Yes. Will it change jobs? Yes. Will it add some jobs? Probably."

They spend so much on eliminating jobs and social programs. The government enables this by giving them tax cuts with money obtained by taking food out of the mouths of children? We could never "afford" universal health-insurance, but we could afford to invest in eliminating human workers that just want to put a roof over their head?

Seems like a recipie for guillotines.

But, hey

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[-] HubertManne@piefed.social 1 points 3 hours ago

even if this does not happen we should just get ubi and universal healthcare going just as a prophylatic. one side is really against prophylactics though.

[-] AwesomeLowlander@sh.itjust.works 3 points 12 hours ago

The people resisting AI because jobs will be lost are fighting a losing battle. There's never been a case in history where we decided not to adopt a new technology because some people would lose their jobs. From a historical perspective, it's not even the wrong decision for humanity.

They should be focusing on the important stuff, what happens AFTER jobs are eliminated? I personally prefer UBI, and the increase of leisure time, but there's plenty of other options and we should be making sure we discuss the right ones.

[-] Sunflier@lemmy.world 4 points 9 hours ago

They should be focusing on the important stuff, what happens AFTER jobs are eliminated?

How about the massive theft of art, thoughts, and data?

[-] AwesomeLowlander@sh.itjust.works 1 points 8 hours ago

Does anybody realistically think AI use will stop worldwide because of that? Best case scenario I can see happening is some sort of compensation.

[-] aceslip@lemmy.zip 1 points 3 hours ago

It shouldn’t have begun in the first place if the technology is built on intellectual pillaging and destruction of humanities culmination. That’s the bigger crime.

[-] AwesomeLowlander@sh.itjust.works 1 points 13 minutes ago

It shouldn’t have begun in the first place

I kind of disagree, but that's also an entirely different discussion.

[-] ViatorOmnium@piefed.social 15 points 18 hours ago

I have a novel idea. Requalify people whose jobs are automated, redistribute the efficiency gains equitably, and reduce everyone's working time.

Or maybe fuck around, cancel the last bathroom break of whatever Amazon warehouse employees are left instead of using productivity gains to improve working conditions, and find out.

[-] Lodespawn@aussie.zone 5 points 16 hours ago

The only jobs that will end are whatever this guy considers work is, not sure how he thinks AI is going to be able to handle the "boozy lunch" component, but pretty sure it's already got "talking gibberish to other over paid idiots" down pat

[-] baines@lemmy.cafe 2 points 12 hours ago

sadly he’s right

see how machines ending weaving and cloth making

[-] Lodespawn@aussie.zone 2 points 10 hours ago* (last edited 10 hours ago)

When you ask people what they actually do with AI, unless they are in software development, it amounts to not much. They best people can come up with is "I summarised a document for my boss" or "I made a presentation". Is there really people who's whole job focuses on doing these monotonous things? Maybe, but I doubt that's a large amount of people.

For software there's a distinct problem with quality. People will say that doesn't matter I shipped it a lot quicker and it did what I want. But that can only last for so long, new models will learn from their own shit code from previous generations and the new average will be shittier.

[-] AwesomeLowlander@sh.itjust.works 1 points 8 hours ago

Is there really people who's whole job focuses on doing these monotonous things? Maybe, but I doubt that's a large amount of people.

Tell me you've never worked at any MNC.

[-] Lodespawn@aussie.zone 1 points 33 minutes ago

I do actually work at a multinational corp, the people who try and push AI are a small number who bang on about dumb use cases as above. They don't last long. If you could replace HR then that's probably a good thing. They aren't a large group in my office.

[-] Gladaed@feddit.org 1 points 12 hours ago

Lowering the wages/destroying legacy professions always comes with unrest. The implication is that that job is solved. A 1920 Dockworker would be paid pennies for their productivity. We just need way fewer then back than. A lot of people in costal cities used to just be dock workers.

this post was submitted on 13 Oct 2026

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