[Tom Lee: Blockchain and AI Can Help Banks Transform and Increase Valuation] On October 15, Tom Lee stated in an interview that blockchain and AI technologies can drive the transformation of traditional banks. For example, JPMorgan Chase could use blockchain to reduce its workforce to 20,000 employees while improving operational efficiency. He believes that in the future, banks may trade like tech companies based on price-to-earnings ratios, with valuations expected to increase significantly.