Mary E. Erdoes

JPMorgan Chase & Co. Provides AI Training for New Banking Employees

JPMorgan Chase & Co. is revolutionizing the banking industry by providing comprehensive AI training to all new employees, aiming to prepare them for an AI-driven future. This strategic shift, highlighted by Mary Erdoes at the firm’s investor day, emphasizes the efficiency and revenue growth potential of AI. With a projected value of $1 billion to $1.5 billion, JPMorgan anticipates significant time savings and workforce impact through AI integration.