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JPMorgan CEO Warns AI Will Wipe Out Desk Jobs, Urges Workers to Lean on Soft Skills
(rudevulture.com)
this post was submitted on 03 Jan 2026
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I have a question. AI is good at writing middle school essays, and can generate interesting pictures and music. For anything more intricate, it is, in a very obvious manner, so bad that its use is a liability.
So, how many desk jobs at JPMorgan involve writing many middle school level essays? If I mentally wander through the enterprise where I work, there are maybe a percent that would even be able to make use of LLMs to generate essays about obvious stuff, one of the positions being the CEO himself, of course.
Does anybody here see themselves being replaced by the bullshit generators?
As far as I can tell the AI thing is an excuse; the jobs are really being cut because we're reaping a harvest of policy so bad it's indistinguishable from sabotage, and the AI thing is being used to ease the fall without spooking investors straight into a stock market crash
That's why trillions of dollars has been spent on this rather than on giving a livable wage: so they will never have to pay a livable wage. It might be a good bit worse in many cases but, under their rules of capitalism, worse is tolerable if the rest of us are made destitute.
Only due to executive short-sightedness and the fervor around using AI to do everything. The truth is, I will get laid off not because the AI can do my job, but because decision-makers can't do theirs.
My hope is that the bubble collapses before that day comes. It's the only thing that can save me, the perception of AI in corpo culture.