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Yahoo Finance2026-10-17

Jamie Dimon Warns AI Agents That Make Payments on Your Behalf ‘May Not’ Act Properly: AI Revolution Like a ‘Tsunami’ That Must Be Managed

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According to the article, his remarks covered both the reliability of agents that transact on a user's behalf and the wider effect of AI on software development.

Dimon said AI tools are surfacing hundreds of significant vulnerabilities in open-source code, leaving 'industries completely unprotected' against state actors, terrorists and criminals, the article reports. It states that as AI coding tools take on more developer work, companies face challenges around code quality, context and the rising cost of AI-powered development.

The article does not name the open-source projects affected, identify the vulnerabilities, or state how many of them were found by AI tools rather than by other means. It does not specify which industries Dimon described as unprotected, nor what 'acting properly' would require of an agent executing a payment. Dimon's warning is reported alongside the difficulties the article says companies encounter when they move coding work to AI tools: questions of code quality and context, and higher development costs.

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