Big banks like JPMorgan Chase and Goldman Sachs are already using AI to hire fewer people
1. JPMorgan's profits surged 12% to $14.4 billion with minimal headcount increase. 2. AI deployment leads to tighter hiring policies at JPMorgan, affecting employment structures. 3. Artificial intelligence expected to disrupt operational roles, reducing workforce by 10% over time. 4. JPMorgan's AI strategy aims to enhance client experiences and operational efficiency. 5. CEO Jamie Dimon indicates potential job losses but aims for retraining and growth.