That reflection is “one of the reasons we sometimes do better a little bit,” Dimon added, explaining: “I’m relentless: Details, facts, analysis, no bulllshitting, no meetings after meetings, share all the information—put it on the table, put the dead cats on the table—go through system by system by system, get out on the road, visit other companies, they all do things better than you.”

The overall message is to “learn, learn, learn”, a mantra the Wall Street veteran has advised for everyone from Gen Z’s entering the job market to those in leadership.

“Big companies slow down, they become complacent, they become bureaucratic … arrogant,” Dimon added, all of which eventually leads to “stasis and death.” “Huge, wonderful companies” have failed because of this pitfall, Dimon said, and as such “nothing is too small to care about.”

Watchers of the 69-year-old’s career will not be surprised by his energetic leadership advice. Last April, Dimon wrote in his letter to shareholders that he runs the bank with a military tactic in mind named the ‘OODA loop,’ which stands for observe, orient, decide, act.

JP without Jamie

Under Dimon’s stewardship, JP has scored many wins: Its share price is up 21% over the past year, it is continually leading in AI adoption according to Evident AI’s barometer, and its CEO has the ear of everyone from lawmakers to President Trump.

However, Dimon shocked investors last year when he changed his oft-repeated response to the question of when he may be leaving the top job at JPMorgan Chase. For many years, Dimon would joke that his retirement was five years away. In May last year, that changed. “It’s not five years anymore,” he said.

Speculation has since been rife about which of JPM’s executive team would step in to fill the significant shoes of Dimon. But this week the executive’s tone changed again.

When a “five more years” anecdote was repeated back to Dimon this week, the CEO responded “at least,” suggesting his departure is anything but imminent. “I love what I do, it’s up to the board how long I do it,” he added.

Dimon’s success at JPM, which has included handling politicians and policymakers, led many to question whether one day he might make a move to Capitol Hill. The bank executive completely shut down the notion of a presidential run, as well as the role of Fed chairman (which will be vacated by Jerome Powell this spring).

“Fed chairman, I’d put in the absolutely, positively, no way, no chance, no way, no how for any reason,” Dimon doubled down this week. Since Trump’s return to the White House, the role of Fed chairman has become significantly less attractive, acting as a target for the Oval Office to level criticism and lobbying for the base rate to move one way or another.

But Treasury Secretary Dimon would “consider,” he added: “If a president calls you up asks you to do something, you should consider it. So I would take the call, consider it, and think about why and what they want, but what they want and how they want to operate would be important to me.

“I like my job, I’ve been my own boss for pretty much 25 years, and I like it that way.”

For Providence CEO Erik Wexler, who faces staff shortages, rising costs and reduced Medicaid payments in 51 hospitals and 1,000 clinics spread across seven states with different regulatory environments, AI is perhaps less ubiquitous but equally powerful. The reaction to ambient technology that acts on insights gleaned from doctor-patient conversations? “This is life-changing technology,” Wexler told me. “When a physician says that, you feel like you’ve discovered plutonium.”

While many Americans may fear the impact of AI on their jobs, many welcome the prospect of it lowering their average $17,000 tab for health care, which is expected to account for almost 19% of U.S. GDP this year.

Americans’ struggle with affordability and access to health care are two persistent problems U.S. Chamber of Commerce President and CEO Suzanne P. Clark cited in her 2026 State of American Business remarks yesterday in an otherwise upbeat speech. She drew comparisons between this 250^th anniversary year and the last time America had a big birthday in 1976. Along with fond memories of waving a little flag in the Englewood, Ohio bicentennial parade, she recalled a dour mood shaped by 5.7% inflation, 7.7% unemployment, soaring energy costs, rising crime, stagnating productivity and a “ballooning regulatory state”—not to mention fear of nuclear annihilation amid the Cold War.

Fast forward to today, she said, and there’s been a threefold increase in GDP, a homegrown energy revolution, a 40% rise in median household income and of course several waves of transformative technologies. The lesson for Clark? “Despite all of our challenges, we live in an era of abundance and advancement,” she said. “America is very good at getting better.”

In the AI age, the question for business leaders is how to accelerate adoption and transformation while keeping costs in check. 2026 may be the year where the focus shifts to outcomes. As Jeff DiLullo, chief region leader of Philips North America, advised health systems leaders at our dinner: “AI either has to increase access to care, increase the quality and the outcomes, or reduce staff burden. And if it can’t do those things, don’t do it.”

Contact CEO Daily via Diane Brady at diane.brady@fortune.com

Top news

Questions for the next Fed chair

The DOJ’s criminal probe into Federal Reserve Chair Jay Powell has delayed the search for his successor by raising questions about the independence of the next chair and whether they’ll win Senate confirmation. Two Republican Senators have vowed to withhold any vote until the investigation is resolved. One person who will “absolutely, positively” not take the job is JPMorgan CEO Jamie Dimon, an often-rumored candidate. What about running the Treasury? “I would take the call,” he said in a new interview. 

Ashley St. Clair sues xAI

The conservative influencer Ashley St. Clair, who had a child with Elon Musk, has sued his xAI firm in New York, seeking a restraining order to keep the chatbot Grok from undressing images of her. xAI has not commented on the filing, but has sued St. Clair in Texas for allegedly violating its terms with her lawsuit. 

Trump targets power plants

The Trump administration is reportedly considering a plan to have tech companies bid on building new power plants in an effort to lower electricity prices for average Americans, who are starting to push back against data centers. The president has praised Microsoft for announcing that it will pay higher utility bills for its U.S. data centers. 

Gov. Newsom comes out against billionaire’s tax

California Governor Gavin Newsom has joined a list of business leaders in opposing a billionaire tax for the state that will be voted on in November. He describes it as “bad business,” creating a split in the Democratic Party between him and New York City Mayor Zohran Momdani’s “tax the rich” sentiment.

Oracle struggles to bring employees to new HQ

Oracle is struggling to bring employees to its “world headquarters” in Nashville despite investing over a billion dollars in the office and offering various amenities. Most employees are reportedly hesitant to move simply because of salary ceilings in the state.

Tesla’s self-driving subscription model draws criticism

Tesla customers are speaking out on social media after CEO Elon Musk announced that the company’s self-driving technology will only be available through a monthly subscription after Feb. 14. The technology is currently available for a flat $8,000 fee, or $99 a month. “You will own nothing and be happy,” one X user posted.

The markets

S&P 500 futures were up 0.28% this morning. The last session closed up 0.26%. STOXX Europe 600 was up 0.08% in early trading. The U.K.’s FTSE 100 was up o.02% in early trading. Japan’s Nikkei 225 was down 0.32%. China’s CSI 300 was up o.41%. The South Korea KOSPI was up 0.90%. India’s NIFTY 50 was up 0.11%. Bitcoin was at $95K.

Around the watercooler

Exclusive: Former OpenAI policy chief creates nonprofit institute, calls for independent safety audits of frontier AI models by Jeremy Kahn

‘They’re going to have to think and act a lot more like hotels’: The new rules of office space now that the ‘genie is out of the bottle on hybrid’ by Jake Angelo

Worried about AI taking your job? New Anthropic research shows it’s not that simple by Sharon Goldman

Singapore tries to give its flagging stock market a kickstart with a link to the NASDAQ, allowing firms to easily list in both places by Angelica Ang

CEO Daily is compiled and edited by Joey Abrams, Claire Zillman and Lee Clifford.