Big Boss Interview #3 JPMorgan CEO Jamie Dimon: The AI Bubble Will Burst
Oct 9, 2025
Jamie Dimon, Chairman and CEO of JPMorgan Chase, shares his insights on the current financial landscape. He warns of a frothy market fueled by the AI hype, suggesting an impending correction. Dimon discusses the changing global dynamics due to the Ukraine war, highlighting its impact on NATO and US reliability. He also touches on the challenges of high equity valuations, the risks of tariffs, and inflation pressures. Additionally, he emphasizes the need for reforms in Europe’s economic structure and hints at his potential interest in a public service role.
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Bournemouth Moves A Trillion Daily
- Jamie Dimon describes JPMorgan's Bournemouth centre as a hub for technology, operations and marketing supporting 100 countries.
- He notes the site moves a trillion dollars a day and will expand from 4,000 to 5,000 staff.
Hire Tech Talent Near Operational Hubs
- Invest in local tech talent and operational centres that service global operations, like JPMorgan's Bournemouth hub.
- Focus hiring on programming, AI, cyber and data centre roles that support high-volume operations.
Markets Are Priced At Elevated Levels
- Equity and credit valuations are very high and sit in the top percentiles by many measures.
- Jamie Dimon gives a one-third probability to a meaningful market correction over the next two years.
