Jamie Dimon Reveals AI's MASSIVE Impact on Jobs

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In this episode, Jamie Diamond discusses the transformative impact of AI on jobs within the banking and financial services industry. The conversation delves into JP Morgan's extensive use of AI, with over 450 use cases and a $2 billion annual investment in technology. Jamie emphasizes the importance of embracing AI rather than fearing it, and highlights how AI will replace and create jobs, much like past technological advancements. The video also covers the significance of data privacy and the regulation of third-party data brokers like Plaid. Tune in to learn about AI's role in modern banking and its potential to reshape the job market. #artificialintelligence #jamiedimon #politics

00:00 Introduction to Data Privacy Issues
11:14 The Role of Data Brokers
11:21 Proposed Regulations by the Consumer Financial Protection Bureau
11:30 Goals of the New Regulations