Federal Reserve data show the bottom 50% of U.S. households own $4.27 trillion of $174 trillion in wealth, versus $25.07 trillion held by the top 0.1%.
Jamie Dimon told Axios that resentment toward the rich reflects how lower-income Americans have been "left behind" by weak schools, crime, job losses and increasingly intergenerational disadvantage.
AI-driven gains in the stock market could widen that divide further because wealthier families already own most financial assets, even as living standards have improved overall.
A Fed study last year found the share of Americans doing okay or living comfortably rose to 73% from 62%, but Dimon said that does not make the gap feel fair.
Dimon called for bipartisan, union-backed public policy to improve conditions for poorer households and said 2028 candidates may push to control AI, though he dismissed an outright anti-AI platform.