Jamie Dimon Warns AI Could Spark Civil Unrest Without Worker Support

JPMorgan Chase CEO Jamie Dimon has warned that artificial intelligence could move «too fast for society» and risk civil unrest unless governments and businesses work together to support displaced workers. Speaking at the World Economic Forum in Davos, Dimon said AI would deliver major benefits, from productivity gains to medical breakthroughs, but argued its rollout may need to be phased in to avoid social disruption.

Dimon said JPMorgan is likely to have fewer employees within five years as AI adoption accelerates, and urged policymakers to expand retraining, wage support and relocation programmes, citing U.S. truck drivers as a vulnerable group as autonomous vehicles emerge. He also voiced concern over U.S. immigration enforcement tactics and offered a cautious critique of President Donald Trump’s approach to Europe. By contrast, Nvidia CEO Jensen Huang played down fears of mass job losses, arguing that AI infrastructure buildouts would create large numbers of new jobs, particularly in construction, manufacturing and technical trades.

Kursiv Uzbekistan also reports that the European Parliament has formally suspended the ratification of a U.S.–EU trade deal in response to President Donald Trump’s threat to impose 10% tariffs on EU exports unless the bloc agrees to his demand to take control of Greenland.