Dimon Warns: Mythos Too Dangerous, Like Giving 'Ballistic Missiles' to Individuals

Jamie Dimon, CEO of JPMorgan Chase (JPM-US), stated that the risks posed by 'Mythos,' an AI model developed by artificial intelligence firm Anthropic, represent a 'real problem' that must be taken seriously, and that the U.S. government is already closely watching the issue.

In recent months, the rapid evolution of AI models has prompted both industry and government to assess their potential threats. The urgency of this issue has intensified after Anthropic revealed that the Mythos model is exceptionally skilled at discovering software vulnerabilities, making it unsuitable for public release.

Dimon warned on Wednesday (15th) during his appearance at the Pennsylvania Defense and Innovation Summit, hosted by U.S. Senator Dave McCormick, that opening such highly advanced AI systems to broad users would pose significant risks.

He stated, 'Mythos is basically like giving ballistic missiles to individuals.'

JPMorgan Chase is one of the companies authorized to use Mythos since April this year, employing the model to test its own cybersecurity defenses while sharing relevant information with suppliers and peers. Dimon noted in May that hundreds of JPMorgan employees are already working full-time to strengthen the bank's security systems.

In recent years, the long-serving CEO has become increasingly outspoken on national security matters. In his April letter to shareholders, he emphasized that the United States must 'become stronger' to maintain its military and economic strength.

Last year, JPMorgan Chase announced it would invest $1.5 trillion over the next decade to support industries that enhance U.S. economic security and resilience—50% more than its original plan.

As part of its 'Security and Resiliency Initiative' and another 'American Dream Initiative,' JPMorgan Chase has committed $24 million in loans, investments, and charitable donations to help strengthen Philadelphia's shipbuilding industry.

Earlier on Wednesday, Dimon visited the Philadelphia Navy Yard and announced this latest commitment.

Notably, former U.S. President Donald Trump praised Dimon at the defense summit, calling him possibly the 'greatest banker' the country has seen in decades.

However, earlier this year, Trump filed a lawsuit against JPMorgan Chase and Dimon for at least $5 billion, accusing the bank of halting banking services to him and his businesses for political reasons.