Jamie Dimonās AI Bubble: Billion-Dollar Hope or Tech Wishful Thinking?
On April 9, 2025, JPMorgan Chase CEO Jamie Dimon gave a masterclass in diplomatic hedge at the Fortune Most Powerful Women Summit in NYC, where he reassured everyone that investing billions in AI isnāt bubble troubleājust a few projects might stage faceplants. Dimon, possibly sipping fintech confidence, emphasized that AI contributes to 40% of GDP growth and 80% of US stock gains (no pressure!). Despite OpenAIās curious chip-shopping spree from AMD, and massive data-center land grabs costing hundreds of billions, Dimon wisely advised evaluating every shiny server connection individually to see if itās gold or just glitter. Positive vibes, with a pinch of 'meh, weāll see!'
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Jamie Dimon says AI isnāt a bubble but admits some projects will flop. Translation: billions poured into hype castles with a sprinkle of āhope for the best, prepare for the glitch.ā The future looks bright-ish and data-center heavy.
Investing in AI is like throwing darts blindfolded in a data-center the size of Texas. Some hits, lots of misses, but hey, at least Jamieās optimistic about the chaos.
Jamie Dimonās take on AI: 40% GDP growth, 80% stock gains, and a side of āsome projects wonāt work out.ā AKA āweāve got a tech mystery box with a few broken toys.ā
Source: Businessinsider | Published: 10/15/2025 | Author: Pete Syme
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