JPMorgan tests AI agents that beat 60/40 portfolio in backtests

JPMorgan, OQC, and AMD partner to build a quantum AI data center for financial workflows.

Cut junior analyst classes by two-thirds citing AI automation

Goldman Sachs report projects AI could automate 25% of US work hours, affecting 300 million jobs globally over 10 years

Published note arguing agentic AI could flip server ratio to CPU-heavy, with $100B CPU TAM projection.

Chief Economist Jan Hatzius published analysis stating AI investment contributed 'basically zero' to US GDP growth in 2023

CEO Jamie Dimon predicted AI could enable 4-day work week and detailed current AI uses

Published report projecting AI could automate 25% of US work hours, affecting 300 million jobs globally over a decade

Forecasted AI agents will reshape software economics and dominate profits

Published analysis predicting AI agents will capture software profits and expand market value