Dimon's AI Warning: Industry Giants Unite to Address Risks

JPMorgan CEO Jamie Dimon is leading an effort to address risks posed by AI, urging corporate leaders to join a U.S.-focused industry group. The initiative aims to develop a shared understanding of how AI is being used, the risks it poses, and the safeguards needed.

Dimon has personally reached out to CEOs of large and major regional banks and IT companies to enlist them in the initiative, which is expanding from the Alliance for Critical Infrastructure (ACI) that JPM helped found. The outreach includes over 40 companies spanning financial services, energy, water, utilities, telecommunications, airlines, railroads, and other critical infrastructure industries.

The ACI effort aims to work with the Trump administration on AI risks, following recent cyberattacks on water systems in Minnesota and other states. Dimon warned about the risks posed by Anthropic's Mythos AI model, underscoring that access to advanced ​AI capabilities must be controlled.