Walt's Corner

I know it has been a minute. That is what happens when you wear so many hats. Anyway, this is what is happening currently.

Banks Are Preparing Layoffs Bigley! Is this 2008 Again?

JPMorgan Chase CEO Jamie Dimon has sparked global conversation with his prediction that future generations will work just 3.5 days per week, thanks to artificial intelligence automating 60-70% of current tasks.[1][2] Speaking on Bloomberg TV, Dimon painted an optimistic vision where technology not only shortens the workweek but also extends lifespans, suggesting "your children are going to live to 100 and not have cancer because of technology."[2][3]

This vision stands in stark contrast to Dimon's well-documented stance on remote work, having recently eliminated JPMorgan's hybrid model in favor of a mandatory five-day office attendance policy.[4][5][6] While critics point to this apparent contradiction, Dimon distinguishes between current workplace expectations and future technological capabilities, comparing AI's transformative potential to historical innovations like the printing press and internet.[7] His prediction aligns with McKinsey research suggesting AI could add between $2.6 trillion and $4.4 trillion annually to the global economy while fundamentally reshaping work patterns.[8][9]

Sources

[1] JPMorgan CEO Jamie Dimon: AI will lead to 3.5-day workweek https://fortune.com/article/jamie-dimon-jpmorgan-chase-ceo-ai-impact-working-week-3-day-100-years-future/

[2] Work 3.5 days a week to become a reality soon? JPMorgan Chase ... https://economictimes.com/news/international/global-trends/jpmorgan-ceo-jamie-dimon-envisions-a-future-where-next-generation-will-work-3-5-days-a-week-and-live-to-100-years/articleshow/115691808.cms

[3] JPMorgan CEO Jamie Dimon: AI will lead to 3.5-day workweek https://www.reddit.com/r/technology/comments/1gyy22e/jpmorgan_ceo_jamie_dimon_ai_will_lead_to_35day/

[4] JPMorgan's CEO Predicts 3.5 Day Work Week: AI & Future of Work https://www.youtube.com/watch?v=demaUpqwpS0

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