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Golden Finance reported that JPMorgan Chase CEO Jamie Dimon said in an interview with Bloomberg that artificial intelligence can be applied to "every process" of the company's operations and may replace humans in certain roles.
Dimon expects to see "all different types of AI models" as well as tools and techniques in the future. It's a living, breathing thing, but for us, every process is considered, so errors, trading, hedging, research, every application, every database, you can apply AI.
So it may serve as a co-pilot, it may replace humans...AI is largely doing all the equity hedging for us. This is idea generation, it's large language modeling, and more broadly it may also impact customer service.