Axios: Jamie Dimon’s warning

Posted on April 2, 2026 by michelleclarke2015
Jamie Dimon’s warning
 
Jim VandeHei interviews JPMorgan Chase CEO Jamie Dimon. Photo: Christopher Gill for Axios

JPMorgan Chase chairman and CEO Jamie Dimon tells Axios CEO Jim VandeHei the U.S. is facing the most concurrent risks in 80 years — and that’s before AI starts displacing a large number of American workers.

Dimon, in an interview for “The Axios Show,” says American business leaders need to step up, and speak up, to help guide the country through these high-risk, tumultuous times.

“We in business made a mistake in not getting more involved earlier,” Dimon told Jim at JPMorgan’s new global headquarters in Manhattan. “I do not think the problems of society will be fixed by politicians alone.

“Dimon’s annual shareholder letter, out next week, will dive deep into geopolitical threats. “There’s more geopolitical risk than we’ve seen since World War II,” he said.🤖 

A top threat: He told Axios that AI is likely to displace lots of workers in the medium term and increase the likelihood of a large-scale cyberattack. “AI makes cyber — and these [AI agents] make cyber — far worse,” he said.

Dimon was briefed on Anthropic’s unreleased Mythos model, which the company fears may dramatically increase the ability of hackers or foreign adversaries to carry out potentially catastrophic attacks. 

Dimon’s other risks, in no particular order: China, cyber, Iran war escalation, Russian aggression, rogue AI, private credit crisis, unsustainable U.S. debt, political dysfunction, economic uncertainty and nuclear weapons.

When asked why so many CEOs seem “chickensh*t” when it comes to speaking honestly to employees and the public, Dimon downplayed fear of upsetting President Trump as the reason. But his own on-camera caution when critiquing the president captured the unease vividly.

Dimon remains optimistic about the country’s ability to navigate myriad risks. But he didn’t sugarcoat the ever-growing threats to business and safety:

“We still have the most prosperous nation the world’s ever seen [and] the best military. We’re in a great position — and we have issues. … You can’t fix problems when you don’t acknowledge them.” 

What’s next: Dimon said an independent candidate might be needed to fix things. But, at 70, he’s not running — for anything, under any party: “I do get asked, but I’m not sure I’m suited to it.“

“We’re so tough on our politicians,” he said. “We just annihilate them, and I just think it’s wrong.”Watch on YouTube … Share this column.
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About michelleclarke2015

Life event that changes all: Horse riding accident in Zimbabwe in 1993, a fractured skull et al including bipolar anxiety, chronic fatigue …. co-morbidities (Nietzche 'He who has the reason why can deal with any how' details my health history from 1993 to date). 17th 2017 August operation for breast cancer (no indications just an appointment came from BreastCheck through the Post). Trinity College Dublin Business Economics and Social Studies (but no degree) 1997-2003; UCD 1997/1998 night classes) essays, projects, writings. Trinity Horizon Programme 1997/98 (Centre for Women Studies Trinity College Dublin/St. Patrick's Foundation (Professor McKeon) EU Horizon funded: research study of 15 women (I was one of this group and it became the cornerstone of my journey to now 2017) over 9 mth period diagnosed with depression and their reintegration into society, with special emphasis on work, arts, further education; Notes from time at Trinity Horizon Project 1997/98; Articles written for Irishhealth.com 2003/2004; St Patricks Foundation monthly lecture notes for a specific period in time; Selection of Poetry including poems written by people I know; Quotations 1998-2017; other writings mainly with theme of social justice under the heading Citizen Journalism Ireland. Letters written to friends about life in Zimbabwe; Family history including Michael Comyn KC, my grandfather, my grandmother's family, the O'Donnellan ffrench Blake-Forsters; Moral wrong: An acrimonious divorce but the real injustice was the Catholic Church granting an annulment – you can read it and make your own judgment, I have mine. Topics I have written about include annual Brain Awareness week, Mashonaland Irish Associataion in Zimbabwe, Suicide (a life sentence to those left behind); Nostalgia: Tara Hill, Co. Meath.
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