Jamie Dimon, CEO of JPMorgan Chase, issued a warning about the potential for civil unrest stemming from the rapid deployment of artificial intelligence, emphasizing the societal risks of accelerated AI rollout.
- The warning reflects broader industry concerns regarding AI's disruptive impact on employment and social stability.
- JPM stock rose 1.16%, trading at $305.54 as of 10:55 AM EST.
- The price movement tracked broader market strength driven by factors like Fed autonomy reassurance and tariff relief, rather than company-specific catalysts.