MODERATE COPE
Dimon explicitly acknowledges AI will reduce some jobs at JPMorgan, stating "we will be hiring more AI people and probably less bankers in certain categories" and that "every app, every process, every job will be affected." However, he immediately pivots to reskilling and natural attrition as solutions: "We have 10% attrition a year... we're going to give them reskilling, new skills, better jobs." He sprinkles in magical future-job thinking ("8 million trade jobs paying $100,000 a year available in the next five years") and frames this as a manageable societal preparation problem rather than a structural termination of labour demand. The anxiety about "if it happens too quick" reveals genuine unease, but the coping mechanisms remain intact.