Jamie Dimon, the CEO of JPMorgan Chase, says artificial intelligence will shape a new future for work—one where people work less and live longer.
In a recent interview, he shared his belief that future generations may enjoy shorter workweeks and better health, thanks to rapid progress in AI and medical technology.
Dimon believes that AI is not just a passing trend but a powerful tool that will change how businesses operate. At JPMorgan, thousands of employees are already using AI for tasks like research, trading, and fixing errors. With more tasks becoming automated, Dimon sees a future where people may only need to work three and a half days a week instead of the traditional five.
The idea of a shorter workweek is not just based on optimism. A study by McKinsey found that AI could automate up to 70% of employees’ time-consuming tasks, boosting global economic growth by as much as $4.4 trillion each year. Other studies, such as one from the University of Cambridge, show that shorter workweeks can also improve well-being. In one trial involving 61 companies, employees took fewer sick days and reported less burnout. Most of the companies said they would keep the shorter schedule.
Alongside less time at work, Dimon also predicts that people in the future may live up to 100 years. He says advances in medicine, powered by new technology, could eliminate some of the most serious diseases like cancer. These health improvements, combined with AI-driven changes in the workplace, could lead to better lives both at home and on the job.
While Dimon sees many benefits, he also admits there are risks. He warned that AI could be dangerous if used by criminals or in cyber warfare. Like many tech leaders, he hopes to see safety rules put in place to prevent misuse. He also noted that some jobs will be lost as AI takes over certain roles, but he believes companies can support affected workers by helping them find new jobs within the business.
He pointed to JPMorgan’s recent buyout of First Republic Bank as an example. Most of the employees were offered jobs, but some roles were only temporary. Still, the company hires thousands each year and plans to find new positions for workers affected by AI changes.
For now, no one knows exactly how fast AI will change everyday work. But voices like Dimon’s are helping to start a conversation—one that looks past fear and instead focuses on how technology can improve life for the next generation.