Asger Risom
JPMorgan Chase CEO’s prediction echoes similar forecasts from tech leaders who see AI rewriting workplace norms.
Artificial intelligence won’t just change how people work—it may change how long they work. JPMorgan Chase CEO Jamie Dimon believes automation will eventually allow developed economies to function on shorter schedules without sacrificing prosperity.
A new era of productivity
It’s a striking image: Wall Street’s most powerful banker predicting a three-day weekend for everyone.
Speaking at the America Business Forum in Miami on Thursday, Dimon said AI’s influence will extend to “every application, every job, every customer interface.” His bold prediction: “My guess is the developed world will be working three and a half days a week in 20, 30, 40 years, and have wonderful lives.”
Dimon’s optimism is backed by experience. Under his leadership, JPMorgan has become one of the financial sector’s most aggressive adopters of artificial intelligence. The bank now has about 2,000 employees building AI systems, 150,000 using large language models each week, and hundreds of active use cases — including fraud detection, marketing analysis, and legal reviews.
As these tools automate more tasks, Dimon said, productivity will soar, potentially allowing people to do the same amount of work in far fewer hours.
The human cost of efficiency
Dimon also warned that the transition will not be smooth. “It will eliminate jobs. People should stop sticking their heads in the sand,” he said, urging both governments and businesses to prepare for retraining, redeployment, and income support to prevent social unrest.
Speaking earlier at the Fortune Most Powerful Women Summit, he noted that JPMorgan is already designing its AI systems with redeployment in mind, rather than outright replacement.
Unlike past technological revolutions, Dimon said, AI’s economic demands are enormous. “The build-out is both capital- and power-hungry,” he cautioned, adding that some projects “won’t get the power they need.” Investors, he advised, should assess AI infrastructure “deal by deal,” rather than buying into the hype.
Learning to use AI, not just talk about it
For Dimon, the key to navigating the shift is hands-on engagement. “Use it … in any business,” he urged, criticizing executives who overanalyze AI theory without real-world testing.
JPMorgan has even launched internal “AI master classes” after discovering that many of its senior managers didn’t fully grasp the technology’s existing capabilities. “I didn’t know it could read 100,000 documents,” one participant reportedly told him.
Dimon emphasized that achieving the benefits of AI will require extensive groundwork—modernizing data systems, investing in energy infrastructure, and designing humane pathways for employees whose roles will disappear.
A shorter week, a bigger question
In Dimon’s vision, artificial intelligence could free workers from the traditional five-day week while boosting overall prosperity. But realizing that vision, he said, depends on leadership that manages the transition responsibly.
“You know, technology has downsides. It’s used by bad people,” Dimon said. “But embrace it.”
This article is made and published by Asger Risom, who may have used AI in the preparation
