![\"Jamie](\"https:\/\/static.toiimg.com\/thumb\/msid-132822660,imgsize-27692,width-400,height-225,resizemode-4\/america39s-biggest-bank-ceo-jamie-dimon-we-are-very-protective-of-our-data-and-ip.jpg\")
<\/div>\n<\/div>\n<\/div>\n<\/section>\n<\/div><\/div>\n<\/div>\nJamie Dimon, CEO of America\u2019s biggest bank says that the era of unchecked AI spending is over, warning that businesses must treat AI \u2018like any other resource\u2019 as costs rise sharply. According to a report by Business Insider, speaking in an interview on CNBC, Dimon said that the companies are becoming more disciplined about token spend which is the usage-based cost of running AI models and increasingly focused on return on investment. He also noted that the companies are already shifting queries to cheaper tokens, and that similar cost-squeezing will happen across power and data-centre usage as AI adoption expands. <\/p>\n Dimon also noted a growing concern among executives: data security in the age of generative AI. \u201cWe are very protective of our data and our IP,\u201d he said. \u201cYou should assume that JPMorgan will do everything they can to protect its own data, its own IP, to protect our customers.\u201d His comments reflect a broader shift among large enterprises, many of which are tightening controls around proprietary information as AI vendors seek more access to customer data to improve model performance.<\/p>\n Dimon\u2019s remarks place him among a growing group of business leaders advocating modelmaxxing \u2014 choosing the right\u2011sized, cost\u2011efficient AI model rather than defaulting to the most powerful (and expensive) frontier systems. This trend is a direct response to tokenmaxxing, where companies overuse high\u2011cost AI tools like Claude, Codex and Cursor in ways that add little value.Palantir CEO Alex Karp has been one of the strongest critics of tokenmaxxing, saying AI models have been \u201coversold\u201d and that many companies are wasting money on tokens that deliver no meaningful returns. He even compared compulsive AI usage to porn addiction, calling it “demastinatory” behavior inside enterprises. Cerebras Systems CEO Andrew Feldman echoed the sentiment, saying unlimited token budgets were \u201cboneheaded from the get\u2011go.\u201d His analogy: \u201cYou don\u2019t need a Ferrari to go to the grocery store\u2026 use a lower\u2011cost open\u2011source model.\u201d<\/p>\n In related news, Jamie Dimon recently offered some fresh insight into what he might do once he eventually steps down from his position. Dimon said that he is more likely to write a book or teach than pursue politics. Speaking to Axios in an interview, Dimon said that he would focus on doing business \u2018with people I like\u2019 and possibly explore media-related projects. Dimon also addressed the speculation that he could be headed for the White House, saying there is \u201cpretty much no chance\u201d he would run for office. \u201cI\u2019m very hard-pressed to think I should be doing something like that,\u201d he said with a laugh, adding that he\u2019s never been part of a campaign. The JPMorgan CEO cited his age (70) and past health issues including emergency heart surgery in 2020 and throat cancer in 2014, as reasons politics is unlikely.<\/div>\n Jamie Dimon, CEO of America\u2019s biggest bank says that the era of unchecked AI spending is over, warning that businesses must treat AI \u2018like any other resource\u2019 as costs rise sharply. According to a report by Business Insider, speaking in an interview on CNBC, Dimon said that the companies are becoming more disciplined about token […]<\/p>\n","protected":false},"author":1,"featured_media":8243,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31],"tags":[],"class_list":["post-8242","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-31"],"magazineBlocksPostFeaturedMedia":{"thumbnail":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/america39s-biggest-bank-ceo-jamie-dimon-we-are-very-protective-of-our-data-and-ip.jpg","medium":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/america39s-biggest-bank-ceo-jamie-dimon-we-are-very-protective-of-our-data-and-ip.jpg","medium_large":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/america39s-biggest-bank-ceo-jamie-dimon-we-are-very-protective-of-our-data-and-ip.jpg","large":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/america39s-biggest-bank-ceo-jamie-dimon-we-are-very-protective-of-our-data-and-ip.jpg","1536x1536":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/america39s-biggest-bank-ceo-jamie-dimon-we-are-very-protective-of-our-data-and-ip.jpg","2048x2048":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/america39s-biggest-bank-ceo-jamie-dimon-we-are-very-protective-of-our-data-and-ip.jpg","blogsy-small":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/america39s-biggest-bank-ceo-jamie-dimon-we-are-very-protective-of-our-data-and-ip.jpg","blogsy-small-tall":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/america39s-biggest-bank-ceo-jamie-dimon-we-are-very-protective-of-our-data-and-ip.jpg","blogsy-small-square":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/america39s-biggest-bank-ceo-jamie-dimon-we-are-very-protective-of-our-data-and-ip.jpg","blogsy-small-masonry":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/america39s-biggest-bank-ceo-jamie-dimon-we-are-very-protective-of-our-data-and-ip.jpg","blogsy-medium":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/america39s-biggest-bank-ceo-jamie-dimon-we-are-very-protective-of-our-data-and-ip.jpg","blogsy-medium-masonry":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/america39s-biggest-bank-ceo-jamie-dimon-we-are-very-protective-of-our-data-and-ip.jpg","blogsy-large":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/america39s-biggest-bank-ceo-jamie-dimon-we-are-very-protective-of-our-data-and-ip.jpg","blogsy-wide":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/america39s-biggest-bank-ceo-jamie-dimon-we-are-very-protective-of-our-data-and-ip.jpg"},"magazineBlocksPostAuthor":{"name":"admin","avatar":"https:\/\/secure.gravatar.com\/avatar\/8709732a479614e7a8aa24d3eb1b239f30dc6d90c61464ed495001e7a469d856?s=96&d=mm&r=g"},"magazineBlocksPostCommentsNumber":"0","magazineBlocksPostExcerpt":"Jamie Dimon, CEO of America\u2019s biggest bank says that the era of unchecked AI spending is over, warning that businesses must treat AI \u2018like any other resource\u2019 as costs rise sharply. According to a report by Business Insider, speaking in an interview on CNBC, Dimon said that the companies are becoming more disciplined about token […]","magazineBlocksPostCategories":["\u0b26\u0b47\u0b36 \u0b2c\u0b3f\u0b26\u0b47\u0b36"],"magazineBlocksPostViewCount":1,"magazineBlocksPostReadTime":3,"magazine_blocks_featured_image_url":{"full":["https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/america39s-biggest-bank-ceo-jamie-dimon-we-are-very-protective-of-our-data-and-ip.jpg",400,225,false],"medium":["https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/america39s-biggest-bank-ceo-jamie-dimon-we-are-very-protective-of-our-data-and-ip.jpg",300,169,false],"thumbnail":["https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/america39s-biggest-bank-ceo-jamie-dimon-we-are-very-protective-of-our-data-and-ip.jpg",150,84,false]},"magazine_blocks_author":{"display_name":"admin","author_link":"https:\/\/koshalsambada.in\/author\/admin"},"magazine_blocks_comment":0,"magazine_blocks_author_image":"https:\/\/secure.gravatar.com\/avatar\/8709732a479614e7a8aa24d3eb1b239f30dc6d90c61464ed495001e7a469d856?s=96&d=mm&r=g","magazine_blocks_category":"\u0b26\u0b47\u0b36 \u0b2c\u0b3f\u0b26\u0b47\u0b36<\/a>","_links":{"self":[{"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/posts\/8242","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8242"}],"version-history":[{"count":0,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/posts\/8242\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/media\/8243"}],"wp:attachment":[{"href":"https:\/\/koshalsambada.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8242"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8242"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8242"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Jamie Dimon said \u2018We are very protective of our data and IP\u2019
<\/h2>\n<\/p>\nRise of \u2018modelmaxxing\u2019
<\/h2>\n<\/p>\nJamie Dimon responds to him taking up ‘White House job
<\/h2>\n<\/p>\n
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Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"