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JPMorgan CEO: Prepare for AI Revolution or Face Business Extinction

Jamie Dimon, CEO of JPMorgan Chase, views AI as a transformative technology with significant applications. Unlike the tech bubble of the early 2000s, AI possesses tangible uses. Dimon highlights its potential to revolutionize industries and address challenges like cybersecurity and cancer cures. JPMorgan has invested heavily in AI research, exploring possibilities in large language models. Despite concerns about misuse, Dimon believes AI's potential for positive change in various fields outweighs any risks.