For decades now, "Davos Man" has been shorthand for a certain kind of global elite: powerful, polished, and permanently airborne

JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon was heading home after another whirlwind trip to Davos, when the news hit: President Donald Trump was suing him and his bank for $5 billion.

The exchange took place during the "AI Power Play" panel at the World Economic Forum in Davos.