EPISODE · May 25, 2026 · 38 MIN
AI is replacing bankers at JPMorgan; Big Tech wants to control how you spend money
from On The Ground
JPMorgan says the future of Wall Street needs fewer bankers and more AI engineers. Klarna is bringing shopping directly into ChatGPT. Google wants to follow your shopping behavior across the entire internet. Revolut just launched a physical crypto card. Meanwhile, stablecoins are moving deeper into the financial system while regulators struggle to keep up.NOTICE:Nothing in this video is financial advice. All opinions are our own.CHAPTERS:00:00 Intro01:02 Will AI Replace Bankers? JP Morgan's $20B Bet07:32 Monzo's Record Profits — and the Revolut Threat11:16 Revolut's LED Crypto Card: Hype or Habit?14:56 Klarna Brings Shopping Inside ChatGPT17:57 Google's Universal Cart vs. the AI-Search Shift21:42 Trump Tells the Fed to Open Up to Fintech25:02 The SEC's Tokenized-Stock U-Turn30:17 Why the ECB Is Saying No to a Global Digital Euro34:57 Mercury's $200M Raise & the Race for a Bank Charter38:02 Wrap-Up & What We're Watching
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AI is replacing bankers at JPMorgan; Big Tech wants to control how you spend money
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