HomeForex TradingJP Morgan says Synthetic Intelligence (AI) won't save the US financial system...

JP Morgan says Synthetic Intelligence (AI) won’t save the US financial system from a recession

The pinnacle of JP Morgan’s of US fairness and quantitative technique appeared in a single day on CNBC in an interview.

  • He stated advances in AI won’t be sufficient to avert a US recession.
  • stated AI will drive “large productiveness beneficial properties for the broader financial system”, however positioned a timeline on this in round 3 to 4 years … “Not within the subsequent 12 months.”
  • stated there are “so many” different headwinds to the financial system to fret about

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