What is JP Morgan?

JP Morgan is building a $700M money market fund directly on Ethereum L1, bypassing L2s and permissioned chains.

“They are actually doing it on Ethereum L1, not on a layer 2, not on their own internal chain.”

JP Morgan analysts found that since ChatGPT launched in late 2022, AI drove 75% of S&P 500 returns, 80% of earnings growth, and 90% of capital spending growth.

“JP Morgan analysts claimed that since the release of CHBT in late 2022, AI drove 75% of returns in the S&P 500, 80% of earnings growth, and 90% of capital spending growth.”

AI cybersecurity capability is bifurcated. Source code analysis is strong, but runtime exploitation has actually regressed in newer models because critical enterprise network data sits behind firewalls and is unavailable to labs for training.

“It actually regressed compared to 4.6 in runtime exploitation. The reason why is last I checked, JP Morgan didn't publish their network configurations online anywhere or their active directory configs or their data security configs. All of the most valuable data in cyber is behind the firewall.”

JP Morgan projects 5,000 Starship launches per year (roughly 14 per day) by 2031.

“Expecting 5,000 Starship launches, i.e. 14 per day by 2031.”

Goldman Sachs and JP Morgan are exploring compute futures as a financial instrument to hedge data center exposure, signaling Wall Street entry into AI infrastructure markets.

“Goldman Sachs and JP Morgan are looking at trading compute futures as a way to hedge their data center exposure.”

Only 3% of JP Morgan's two-year analyst cohort remain at the firm after 10 years, but those who do disproportionately reach leadership levels.

“Of the two-year analyst pro program, only like 3% of them are around in 10 years. But it's ex if the if someone goes through the two-year analyst program, they are a and they stick around for 10 years. They are then a lifer at JP Morgan, and they tend to make it to the leadership levels.”

During the tech bubble, roughly 99% of analysts at major investment banks privately believed data pointed to a major bear market, yet publicly maintained bullish narratives.

“Less than 1% of the engine room who worked for the Goldman Sachs's and the JP Morgans believed in David that it was a new golden era. And 99% of them believed in data that guaranteed a major bear market.”