Wall Street Banks Race To Make AI Their Overworked Interns—And Possibly Replacing Us
KEY POINTS
- •JPMorgan Chase equipped over 200,000 workers with proprietary AI tools and considers CEO Jamie Dimon a super-user as of 2025.
- •Citigroup’s Jane Fraser shared that nearly 180,000 employees across 83 countries used AI tools almost 7 million times in 2025.
- •Goldman Sachs spent $6 billion on AI this year and announced its OneGS program, which includes job cuts attributed to AI efficiency.
JPMorgan Chase is flexing with an $18 billion tech arsenal, boasting 200,000 employees now buddying up to its AI tools—because nothing says corporate bonding like a robot helping write your year-end pity party performance review. CEO Jamie Dimon calls himself a 'tremendous' user and trumpets a $2 billion AI spend that's already paid itself off in snack-sized savings. Meanwhile, Citi's CEO Jane Fraser has nearly 180,000 employees across 83 countries tapping the bank’s AI tools nearly 7 million times this year—reportedly saving 100,000 developer hours weekly, aka enough time to binge-watch The Witcher twice a week. Goldman Sachs dropped $6 billion on AI this year, but CEO David Solomon wishes he could spend $8 billion, because apparently, he’s trying to outrun spreadsheets and margins faster than his poker face. Their 'OneGS' initiative promises to weaponize AI for efficiency but will also courteously chop a 'limited' number of jobs—because downsizing feels better with a side of automation. All three banks launched AI assistants this summer, turning every corner office into an episode of "Tech Meets Wall Street."
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Banks are betting billions on AI to make work easier while secretly teaching bots how to replace them faster. Nothing says progress like robots writing your performance review.
If JPMorgan’s AI tools can write year-end reviews, can it also write a resignation letter that doesn’t sound bitter? Asking for a friend.
Goldman Sachs wants $8 billion for AI but settles for $6 because profits come before robot overlords, apparently.
Source: Businessinsider | Published: 12/24/2025 | Author: Michelle Abrego
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