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Jamie Dimon<\/strong> isn’t buying the AI bubble<\/a> hype, but he’s not sugarcoating the fallout either.<\/p>\n In an interview with Fortune, the JPMorgan Chase & Co.\u00a0<\/strong>(NYSE:JPM<\/a>) CEO\u00a0doubled down on his belief that artificial intelligence is not a fad and that the payoff will come. But it will replace jobs at a pace that could cause major problems if governments and businesses fail to prepare.<\/p>\n “You’ll have a revolution,” Dimon cautioned.<\/p>\n Trending: Missed Nvidia and Tesla? RAD Intel Could Be the Next AI Powerhouse \u2014 Invest Now at Just $0.81 a Share<\/a><\/strong><\/p>\n Dimon compared the current AI hype to the early days of the internet, when companies like Google and Meta emerged as major technology players.<\/p>\n He said he was somewhat cautious about conditions in the current market, but urged people not to label all of AI as a speculative frenzy.<\/p>\n The companies at the center of the AI boom, including OpenAI<\/strong> and Nvidia Corp <\/strong>(NASDAQ:NVDA<\/a>), are investing billions of dollars in each other. Views on the long-term payoff and the risks have been mixed.<\/p>\n Hedge fund manager\u00a0Howard Marks<\/strong> said current market valuations<\/a> were “high, but not crazy.” On the other hand, the\u00a0International Monetary Fund (IMF) Chief Economist, Pierre-Olivier Gourinchas, warned that the AI investment boom might be an economic bubble that could burst, comparable to the dot-com bust in the early 2000s.<\/p>\n “You can’t look at AI as a bubble, though some of these things may be in the bubble. In total, it’ll probably pay off,” Dimon said.<\/p>\n See Also: Accredited Investors Can Now Tap Into the $36 Trillion Home Equity Market \u2014 Without Buying a Single Property<\/a><\/strong><\/p>\n Dimon reiterated his view that AI would eliminate jobs. \u201cPeople should stop sticking their head in the sand…,\u201d he said.<\/p>\n \u201cI do think there should be proper thoughtful regulations and guardrails to protect the public,\u201d referring to being better prepared for the job losses that could come as more companies and industries increasingly deploy AI into their systems and processes.<\/p>\n Last week, Dimon, who runs the largest bank in the U.S., said the chances of the U.S.\u00a0stock market<\/a>\u00a0crashing are far greater than many financiers believe, adding that he is \u201cfar more worried than others\u201d about a serious market correction, which he predicted could come in the next six months to two years<\/p>\n Image via Shutterstock<\/p>\n Trending Now:<\/strong><\/p>\n Story Continues <\/p>\n Building a resilient portfolio means thinking beyond a single asset or market trend. Economic cycles shift, sectors rise and fall, and no one investment performs well in every environment. That’s why many investors look to diversify with platforms that provide access to real estate, fixed-income opportunities, professional financial guidance, precious metals, and even self-directed retirement accounts. By spreading exposure across multiple asset classes, it becomes easier to manage risk, capture steady returns, and create long-term wealth that isn’t tied to the fortunes of just one company or industry.<\/p>\n Backed by Jeff Bezos, Arrived Homes makes real estate investing accessible with a low barrier to entry. Investors can buy fractional shares of single-family rentals and vacation homes starting with as little as $100<\/strong><\/a>. This allows everyday investors to diversify into real estate, collect rental income, and build long-term wealth without needing to manage properties directly.<\/p>\n Vinovest lets investors diversify into fine wine<\/a> \u2014 a historically stable, low-volatility asset class that has outperformed the S&P 500 over multiple decades<\/strong><\/a>. With professionally managed portfolios, secure storage, and insurance included, users can invest in wine without needing to be experts themselves. Minimums start at $1,000, and investors retain full ownership of their wine, which has the potential to appreciate in value as global demand grows.<\/p>\n For those seeking fixed-income style returns without Wall Street complexity, Worthy Property Bonds offers SEC-qualified, interest-bearing bonds starting at just $10<\/strong><\/a>. Investors earn a fixed 7% annual return, with funds deployed to small U.S. businesses. The bonds are fully liquid, meaning you can cash out anytime, making them attractive for conservative investors looking for steady, passive income.<\/p>\n Self-directed investors looking to take greater control of their retirement savings may consider IRA Financial. The platform enables you to use a self-directed IRA or Solo 401(k) to invest in alternative assets such as real estate, private equity, or even crypto<\/strong><\/a>. This flexibility empowers retirement savers to go beyond traditional stocks and bonds, building diversified portfolios that align with their long-term wealth strategies.<\/p>\n Moomoo isn’t just for trading \u2014 it’s also one of the most attractive places to park cash. New users can earn a promotional 8.1% APY on uninvested cash<\/strong><\/a>, combining a 3.85% base rate with a 4.25% booster once activated. On top of that, eligible new users can also score up to $1,000 in free Nvidia stock\u2014but the real draw here is the ability to earn bank-beating interest rates without having to move into riskier assets.<\/p>\n SoFi gives members access to a wide range of professionally managed alternative funds<\/strong><\/a>, covering everything from commodities and private credit to venture capital, hedge funds, and real estate. These funds can provide broader diversification, help smooth out portfolio volatility, and potentially boost total returns over time. Many of the funds have relatively low minimums, making alternative investing accessible.<\/p>\n Range Wealth Management takes a modern, subscription-based approach to financial planning. Instead of charging asset-based fees, the platform offers flat-fee tiers that provide unlimited access to fiduciary advisors along with AI-powered planning tools<\/strong><\/a>. Investors can link their accounts without moving assets, while higher-level plans unlock advanced support for taxes, real estate, and multi-generational wealth strategies. This model makes Range especially appealing to high-earning professionals who want holistic advice and predictable pricing.<\/p>\n For investors concerned about inflation or seeking portfolio protection, American Hartford Gold provides a simple way to buy and hold physical gold and silver within an IRA or direct delivery<\/strong><\/a>. With a minimum investment of $10,000, the platform caters to those looking to preserve wealth through precious metals while maintaining the option to diversify retirement accounts. It’s a favored choice for conservative investors who want tangible assets that historically hold value during uncertain markets.<\/p>\n This article Jamie Dimon Says You Can’t Look At AI As A Bubble: ‘People Should Stop…’<\/a> originally appeared on Benzinga.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Jamie…\n","protected":false},"author":2,"featured_media":125026,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[261],"tags":[291,289,290,75785,18,19,17,39085,9791,778,82],"class_list":{"0":"post-125025","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-ai","9":"tag-artificial-intelligence","10":"tag-artificialintelligence","11":"tag-economic-bubble","12":"tag-eire","13":"tag-ie","14":"tag-ireland","15":"tag-jamie-dimon","16":"tag-jeff-bezos","17":"tag-nvidia-corp","18":"tag-technology"},"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/125025","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=125025"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/125025\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/125026"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=125025"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=125025"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=125025"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}