Does that Happen to All jpg Files or just to this jpg file?
Try to save the File from paint as Jpg or PNG and open it back in photoshop.
This happens with any jpg created by an older version of Photoshop (CS3) , and some other programs, however I can load in the jpg created by this version (CC2017) into paint and then export it from paint and the paint created jpg will read into the new Photoshop okay. Have been using CS3 version for over 10 years and it still works well but had to upgrade as it is on a Vista machine and all the Vista support is being with drawn.
Have tried again today and when I opened Photoshop got a message that some function was being disabled due to incompatibility with my graphics card. The jpg s then went on to open correctly after that. I then went to device drivers and updated the graphic cards (intel hd 620 and Radeon r7 M445). Then started up Photoshop and it started without the message and jpgs loaded okay. Now just having proplems with some PSD files created by Photoshop CS3 that just come up black, but will continue to investigate them.