In his annual letter to shareholders released Monday, Dimon said he was convinced that artificial intelligence will have a profound impact on society. The CEO also said that he had ongoing concerns about inflationary pressures and reiterated his warning that the world may be entering the riskiest era in geopolitics since World War II.
“While we do not know the full effect or the precise rate at which AI will change our business — or how it will affect society at large — we are completely convinced the consequences will be extraordinary,” Dimon said.