DIMON WARNS AI HAS INCREASED CYBER RISK TENFOLD

JPMorgan CEO Jamie Dimon says AI has increased cyber risk tenfold, making cybersecurity the bank’s biggest threat.

He also warned governments “can’t borrow endlessly and spend endlessly,” as rising debt could push yields and credit spreads higher.

On AI infrastructure, Dimon said companies should build data centers where communities want them, while arguing better policy could boost growth without additional spending.
(@WalterBloomberg)