Monday, 3 August, 2026
"Treat AI Like Any Resource": Jamie Dimon Warns Against Unchecked Tech Spending
By TechShots Studio

JPMorgan CEO Jamie Dimon declared the era of unchecked AI spending over, urging firms to prioritize cost-efficiency ("modelmaxxing") over high-cost systems. Emphasizing strict data protection for JPMorgan’s IP and customers, Dimon also dismissed rumors of a future White House bid, stating he plans to focus on writing or teaching instead.
Read full story at TIMES OF INDIA