GoKawiilJamie Dimon, chief executive officer of JPMorgan Chase & Co., departs the US Capitol in Washington, DC, US, on Wednesday, Feb. 25, 2026.
JPMorgan Chase CEO Jamie Dimon on Tuesday warned that artificial intelligence could cost the U.S. jobs, and suggested the government could create an incentive system for businesses that help soften the blow.
"[If] all of a sudden it creates unemployment, that's a big problem for society," Dimon said, speaking on a panel with Palantir defense chief and former U.S. Rep. Mike Gallagher, R-Wis, at the Hill and Valley Forum in Washington.
"I don't know the answer yet, but I would suggest it's the following: It can't be just government. It's got to be business," Dimon said. "But the government could create a system of incentives that business does the right thing to retrain people, early retirement, moving people ... if we have the right system in place, we can accommodate much quicker."
Dimon warned the economic changes driven by AI will happen quickly, warning that they may happen faster than other recent technological advances that disrupted the economy and displaced workers, such as the internet.