Mary Callahan Erdoes, the CEO of JPMorgan Chase’s asset and wealth management division, recently spoke at Harvard Business School’s Class Day ceremony, emphasizing the importance of embracing artificial intelligence (AI) and warning of an “intense” race in this field. Erdoes highlighted that AI will fundamentally change how businesses operate and cautioned against complacency, urging graduates to “get smart on AI” and be prepared for the transformative impact it will have on various industries. She stressed that AI will reshape the workforce and create new opportunities, but also disrupt existing jobs and business models. Erdoes encouraged the graduates to be adaptable, curious, and willing to learn continuously, as the rapid pace of technological change will require them to constantly acquire new skills. She emphasized that those who embrace AI and harness its potential will have a significant competitive advantage in the years to come.