Jamie Dimon

speaker

788 appearances 1 recordings 1 series first heard Jul 2026 last heard 20 Jul

Jamie Dimon’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months

Recordings per month over the last 12 months — 1 in all, peaking in Jul 2026 with 1.

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When I look at AI itself, the amount of money being spent is huge.

Will it in total pay off?

Probably, just like the internet did.

Will it pay off the way you expect and the timetable you expect?

Definitely not.

But personally, no.

I would not be a buyer.

And part of it is interest rates, inflation.

I mean, even if inflation was 2%, the 10-year bond should probably be at 4.5 or 4 to 4.5.

And they're almost there today.

Being an economic historian, I can't take out of my mind what happened after the Great Recession of 74.

That last thing, and you actually have to sign the piece of paper.

And you know when you sign that piece of paper that you've just committed

the company, not just yourself, to back-breaking scary work for 12 months and that your shareholder would be under pressure.

Yeah, you know you're entering a maelstrom that you could have avoided.

Yeah, you feel a pit in your stomach and that is lonely too.

So, you know, listen, first of all, we built a company for the long run.

And obviously, we deal, you mentioned crises and ups and downs.

We're clearly in a very, almost as good as it gets environment for banks, high volumes, high asset prices, a lot of people trading, et cetera.

So this can go on for a while.

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