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H M S In the news Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification. It indicates an expandable section or menu, or sometimes previous / next navigation options. HOMEPAGE Newsletters An icon in the shape of a person's head and shoulders. It often indicates a user profile. Log in Subscribe Home It indicates an expandable section or menu, or sometimes previous / next navigation options. Tech JPMorgan CEO Jamie Dimon says our children will probably only work 3.5 days a week thanks to AI Haley Tenore 2023-10-03T13:40:44Z A bookmark The letter F. An envelope. It indicates the ability to send an email. An curved arrow pointing right. A stylized bird with an open mouth, tweeting. Twitter The word "in". LinkedIn A stylized letter F. Flipboard The letter F. Facebook An envelope. It indicates the ability to send an email. Email An image of a chain link. It symobilizes a website link url. Copy Link Read in app Photo of Jamie Dimon wearing a blazer and tie Jamie Dimon says that AI will shorten the workweek, ultimately improving the quality of life for workers. Alex Wroblewski/Getty Images [top-left] [bottom-rig] Redeem now * JPMorgan CEO Jamie Dimon spoke with Bloomberg about how he thinks AI will impact the future of work. * Dimon said that he thinks AI will eventually cut down the work week to three and a half days. * Many leaders have been advocating for a 4-day workweek, with AI making this move more plausible. Insider Today [insider-to] NEW LOOK Sign up to get the inside scoop on today's biggest stories in markets, tech, and business -- delivered daily. Read preview Bull [newsletter] Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. download the app Email address [ ] Sign up By clicking "Sign Up", you accept our Terms of Service and Privacy Policy. You can opt-out at any time. Bull [newsletter] Advertisement Advertisement Forget about the five-day workweek or even the four-day workweek. JPMorgan CEO Jamie Dimon thinks that the next generation of workers will only need to go into the office 3.5 days a week, thanks to AI. Dimon recently spoke about how he sees AI affecting the workplace in an interview with Bloomberg. He said that AI is helping eliminate some of the more tedious tasks of the workday, and yes, some jobs will likely be entirely replaced by the technology. "Your children will live to 100 and not have cancer because of technology and they'll probably be working three and a half days a week," Dimon told Bloomberg. However, Dimon believes that, despite some roles becoming obsolete, artificial intelligence will lead to a boosted quality of life for the next generation of workers. Perhaps shaving off a day and a half of work will allow for more leisure time. It'll also impact the finance industry, affecting all aspects of workflow, he said. Advertisement Advertisement "Every single process, so, errors, trading, hedging, research, every app every database, you could be applying AI. So it might be as a co-pilot, it might be to replace humans," Dimon told Bloomberg. But he also assured that JPMorgan would "redeploy" anyone whose job is replaced by AI. Dimon is not alone in his prediction. Many economists believe that with the rise of ChatGPT, the idea of a four-day workweek is more plausible. ChatGPT can help with tasks like writing evaluations, data, emails, and other things that might take up an employee's time. Companies testing out the four-day workweek did see positive results. Workers were happier and more productive and they reported lower levels of stress and burnout. Companies even saw an increase in income because workers were more efficient. As a result, many politicians, economists, workers, and mental health advocates have welcomed the idea of a shorter workweek with open arms. Advertisement Advertisement Still, even though the idea of a shorter workweek sounds nice, some employees are worried about AI will eliminate their jobs altogether. The issue of AI replacing workers came up when the Writer's Guild of America went on strike. Goldman Sachs predicted that 300 million full-time jobs will be "impacted" by AI, mostly in white-collar fields like tech, finance, and legal. Not all of these jobs will be eliminated entirely, but the way they're done is highly likely to change. In fact, AI is leading to the creation of some new jobs. JPMorgan, for example, listed over 3,600 new jobs earlier in 2023, according to Bloomberg. Dimon is even working to create a tool, similar to ChatGPT , to assist investors. A picture of a switch and lightbulb [light-swit] Sign up for notifications from Insider! Stay up to date with what you want to know. Subscribe to push notifications Read next Watch: Having a set morning routine can help jump-start your day. 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