Klarna Ceo Warns he May Cause Recession As It Comes for White-Collar Jobs – ryan

The CEO of the Swedish Payments Company Klarna Says that the Rise of Artificial Intelligence Could Lead to a recession as the Technology Replaces White-Collar Jobs.

Speaking on the Times Tech Podcast, Sebastian Siemiatkowski Said There Be “an Implication for White-Collar Jobs,” Which and Said “Usually Least A Receration in the Short Term.”

“Unfortunately, I don’t see how we did we coulued avoid, with what’s happening from a technology perspective,” he continued.

Simiatkowski, who has long ben ben Candid his belief that he will come for human jobs, added that he had played a roles in “Efficency Gains” at Klarna and that the firm’s workform has shrom about 5,500 to 3,000 people in the last two ars.

ITH’S NOT THE FIRST TIME THE EXEC AND KLARNA HAVE MADE HEADLINES ALONG THESE LINES.

In February 2024, Klarna boasted that its openai-popered he assistant was doing the work of 700 full-time customer Service agents. The Company, Most Famous for Its “Buy Now, Pay Later” Service, was one of the first firms to partner with Sam Altman’s Company.

Later that year, Siemiatkowski Told Bloomberg TV that he belived he was already capable of doing “all of the jobs” that humans and that clarna has enacted a hiing freeze 2023 as it lookeed and focus on adopting the technology.

Howver, Siemiatkowski Has Since Dialed HIS All-In Stance on He, Telling an Audience at the Firm’s Stockholm Headquuarters in May His He-Driven Customer Cost-Cutting Effforts Had Gone Ta Bloomberg.

“From a brand perspective, a company perspective, i just think it so critical that you are clear to your customer that there be always a human if you want,” he said.

In the interview with the Times, Siemiatkowski Said he felt that many People in the tech industry, participlecularly ceos, tended to “downplay the consequents of he on Jobs, White-Cbs in Particular.”

“I don’t want to be one of say,” he said. “I want to be honest, I want to be fair, and i want to tell what i see that that the Society can start tachy preparations.”

Some of the top leaders in he, Howver, have been ringing the alarm lately, too.

Anthropic’s Leadership Has Been Particularly Outspoken About the Threat He Poses to the Human Labor Market.

The Company’s CEO, Dario Amodei, Recently Said That He May Eliminate 50% of Entry-Level White-Collar Jobs with the Next Five Years. “We, as the Producers of this Technology, have a duty and an obligation to be honest about what is coming,” Amodei Said. “I don’t think this is on People’s Radar.”

Similarly, His Colleague, Mike Krieger, Anthropic’s Chief Product Office, Said and Hesitant to Hire Entry-Level Engineers Over More Experienced WHO CAN ALSO Leverage AI tools.

The Silver Lining is that he is also brings the promise of better and more fulfilling work, Krieger Said.

Humans, He Said, Should Focus on “Coming up with the Right Ideas, Doing the Right User Interaction Design, Figure Out How to Delegate Correctly, and THEN FREEWHING TO REVIEW THINGS AT SCALE He-Driven Analysis Tools of What Was Actually Produced. “