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March 21, 2025
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JP Morgan CEO Jamie Dimon Emphasizes AI’s Potential To Cut Costs by 90%
CHOSUNBIZ
"We can perform all the tasks we've been doing at one-tenth the expense using artificial intelligence (AI)." At the Adobe Summit 2025, Jamie Dimon, Chairman and Chief Executive Officer of JP Morgan Chase, said this. During the discussion, Shantanu Narayen, CEO of Adobe, posed a wide range of questions about the changes brought by AI and the outlook for the global economy, and Dimon shared his views on these topics."
January 5, 2023
On the wires
Heavy Discounts Drive Record U.S. Online Holiday Spending, Report Says
Reuters
“U.S. online spending during the 2022 holiday season rose by a better-than-expected 3.5%, a report by Adobe Analytics showed, as retailers used hefty discounts to lure inflation-weary consumers into spending on everything from toys to electronics. Shoppers spent a record $211.7 billion online over the holiday season, which typically starts in November and ends in December, compared with an earlier forecast of $209.7 billion, the report showed on Thursday.”