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The CEO of JPMorgan emphasizes the importance and profound impact of artificial intelligence. JPMorgan is actively researching AI technology, which may play a significant role in areas such as cybersecurity and pharmaceutical research. AI could even help in conquering cancer.

JPMorgan CEO believes that artificial intelligence is not a hype and could help humanity conquer cancer. The CEO considers artificial intelligence more important than large language models. JPMorgan has already deployed AI technology internally, and AI has promising applications in cybersecurity and pharmaceutical research.

JPMorgan Chase is collaborating with U.S. regulators to prepare for the launch of its first generative AI project. The bank aims to have appropriate controls in place when releasing generative AI products. JPMorgan's Chief Information Officer stated that they are helping regulators understand how generative AI models are built. The bank is testing an AI application that generates earnings summaries for all its companies. Additionally, JPMorgan is developing an AI assistant that provides precise steps to resolve customer issues.

JPMorgan's analysis shows that Vietnam has a more promising long-term development outlook in the field of artificial intelligence. Compared to Vietnam, Malaysia and the Philippines are relatively lagging in AI development. The Vietnamese government actively supports technological innovation and the growth of the digital economy.