JPMorgan Chase CEO Jamie Dimon doesn’t mince words. Artificial intelligence reshapes his $794 billion bank from the inside out. At the same time, he demands bodies in seats. No more Zoom haze. In his 2025 letter to shareholders , released April 6, 2026, Dimon lays it bare. ‘AI will affect virtually every function, application, and process in the company,’ he writes. Productivity surges ahead. Long term, huge gains. But risks lurk. Deepfakes. Misinformation. Cybersecurity holes widening because of AI itself. Take the numbers. JPMorgan pours nearly $20 billion yearly into tech—the industry’s fattest budget. AI models from OpenAI and Anthropic power an internal portal. Use cases doubled this year alone, targeting customer service and tech staff. Software engineers crank out code 10% faster. Fraud costs per unit drop 11%. Operations handle 6% more accounts per employee. Head count holds steady at 318,512. Yet operations staff shrinks 4%. Client-facing roles swell 4%.…