JPMorgan Chase & Co. CEO Jamie Dimon told the Wall Street Journal's "Leaders" podcast, released on Monday, that "eventually there'll be a downturn" in the market's AI-fueled boom.
"Eventually it'll be driven by a confluence of events that today you can't guess what they are. You can throw stuff on the wall and make believe you know. We're prepared for all that so we can serve our companies, so we can serve our communities, so we can serve our country," he said.
Meanwhile, mentioning the CEOs he admires the most, Dimon praised former Walmart Inc. CEO Doug McMillon and ex-Home Depot Inc. CEO Frank Blake.
https://breakingthenews.net/Article/Dimon-expects-'downturn'-after-AI-fueled-boom/67344505
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