{"id":2721,"date":"2025-06-12T13:12:34","date_gmt":"2025-06-12T13:12:34","guid":{"rendered":"https:\/\/musictechohio.online\/site\/klarna-ceo-ai-replacing-jobs\/"},"modified":"2025-06-12T13:12:34","modified_gmt":"2025-06-12T13:12:34","slug":"klarna-ceo-ai-replacing-jobs","status":"publish","type":"post","link":"https:\/\/musictechohio.online\/site\/klarna-ceo-ai-replacing-jobs\/","title":{"rendered":"CEO Says AI Will Replace So Many Jobs That It\u2019ll Cause a Major Recession"},"content":{"rendered":"<div>\n<div><img width=\"2400\" height=\"1260\" src=\"https:\/\/wordpress-assets.futurism.com\/2025\/06\/klarna-ceo-ai-replacing-jobs.jpg\" class=\"attachment-full size-full wp-post-image\" alt=\"The CEO of layaway startup Klarna is claiming that AI is coming for your white-collar jobs \u2014 even though such a project didn't work for him.\" style=\"margin-bottom: 15px;\" decoding=\"async\" loading=\"lazy\"><\/div>\n<p>The CEO of layaway startup Klarna is claiming that AI is coming for your white-collar jobs \u2014 even though his own actions have made him an international poster boy for AI-obsessed executives itching to replace human workers with AI.<\/p>\n<p>Speaking to\u00a0<a href=\"https:\/\/shows.acast.com\/dannyinthevalley\/episodes\/klarnas-ceo-predicts-an-ai-induced-recession-is-on-the-horiz\"><em>The Times Tech<\/em> podcast<\/a>, the Sweden-based CEO Sebastian Siemiatkowski admitted that adoption of the technology will result in &#8220;implication[s] for white-collar jobs&#8221; that include, but are not limited to, &#8220;at least a recession in the short term.&#8221;<\/p>\n<p>&#8220;Unfortunately, I don&#8217;t see how we could avoid it, with what&#8217;s happening from a technology perspective,&#8221; the CEO said in reference to job loss and a recession.<\/p>\n<p>On that part, unfortunately, he may be right: we&#8217;ve been <a href=\"https:\/\/www.usbank.com\/investing\/financial-perspectives\/market-news\/economic-recovery-status.html#:~:text=Is%20a%20recession%20coming%20in,an%20annualized%20rate%20of%200.3%25.&amp;text=%E2%80%9CIn%20the%20second%20quarter%2C%20people,positive%20step%20for%20the%20economy.\">careening headlong towards a recession<\/a> for a while now, and <a href=\"https:\/\/www.cnbc.com\/2025\/06\/11\/unemployed-americans-job-market-charts.html\">unemployment rates<\/a> \u2014 affected, no doubt, by AI-obsessed CEOs like Siemiatkowski <a href=\"https:\/\/www.axios.com\/2025\/05\/28\/ai-jobs-white-collar-unemployment-anthropic\">laying people off in droves<\/a> \u2014 are a huge factor.<\/p>\n<p>Still, those are bold words coming from this particular Swedish CEO, considering that just a few weeks ago, he <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-05-08\/klarna-turns-from-ai-to-real-person-customer-service?sref=YfHlo0rL\">admitted to\u00a0<em>Bloomberg<\/em><\/a> that he&#8217;s looking to rehire for some of the 700 customer service positions he <a href=\"https:\/\/futurism.com\/the-byte\/klarna-ceo-bragged-replacing-workers-ai-losses\">boasted about replacing with AI<\/a> in 2024.<\/p>\n<p>The reason? Because, as Siemiatkowski acknowledged, the AIs perform at a &#8220;lower quality&#8221; than human workers.\u00a0(In a message after the publication of this story, a PR person at Klarna reached out to claim that &#8220;lower quality&#8221; was a &#8220;misquote.&#8221;)<\/p>\n<p>Despite prematurely pulling the AI trigger in his own business, the &#8220;buy now, pay later&#8221; CEO insists the technology will get there.<\/p>\n<p>&#8220;I feel like I have an email almost every day from some CEO of a tech or a large company that says we also see opportunities to become more efficient and we would like to compare notes,&#8221; he told\u00a0<em>The Times Tech<\/em>. &#8220;If I just take all of those emails and add up the amount of jobs in those emails, it&#8217;s considerable.&#8221;<\/p>\n<p>Were\u00a0<em>Futurism<\/em> to stake our beliefs by a similar metric, we, too would believe that AI replacing human labor is inevitable. In this writer&#8217;s inbox alone, there are dozens of similar pitches from companies and so-called &#8220;experts&#8221; seeking to get our attention from this week alone \u2014 and hundreds more where that came from, should we be curious to look.<\/p>\n<p>With AI&#8217;s present-day capabilities, those emails read as little more than junk mail \u2014 but it makes sense that a tech CEO who made his fortune on financial promises would see things a bit differently.<\/p>\n<p>Like other AI boosters, Siemieatkowski added that eventually, the &#8220;value of that human touch will increase&#8221; and that flesh-and-blood workers will &#8220;provide a much higher quality type of service&#8221; \u2014 after learning new skills, which may or may not become obsolete at some vague point in the future.<\/p>\n<p>Siemieatkowski is, perhaps more than anyone else, the platonic ideal of an <a href=\"https:\/\/futurism.com\/ai-ceo-unemployed\">AI-boosting CEO<\/a> \u2014 and unfortunately, there are lots of others who will take this kind of prognostication as gospel.<\/p>\n<p><strong>More on clueless CEOs:<\/strong> <a href=\"https:\/\/futurism.com\/duolingo-ceo-ai-reaction\"><em>Duolingo CEO Expresses Astonishment That People Were Mad When He Bragged About Replacing Workers With AI<\/em><\/a><\/p>\n<p>The post <a href=\"https:\/\/futurism.com\/klarna-ceo-ai-replacing-jobs\">CEO Says AI Will Replace So Many Jobs That It\u2019ll Cause a Major Recession<\/a> appeared first on <a href=\"https:\/\/futurism.com\/\">Futurism<\/a>.<\/p>\n<\/div>\n<div style=\"margin-top: 0px; margin-bottom: 0px;\" class=\"sharethis-inline-share-buttons\" ><\/div>","protected":false},"excerpt":{"rendered":"<p>The CEO of layaway startup Klarna is claiming that AI is coming for your white-collar jobs \u2014 even though his own actions have made him an international poster boy for&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1643,177,477,478,227],"tags":[],"class_list":["post-2721","post","type-post","status-publish","format-standard","hentry","category-ai-jobs","category-artificial-intelligence","category-automation","category-klarna","category-labor"],"_links":{"self":[{"href":"https:\/\/musictechohio.online\/site\/wp-json\/wp\/v2\/posts\/2721","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/musictechohio.online\/site\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/musictechohio.online\/site\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/musictechohio.online\/site\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/musictechohio.online\/site\/wp-json\/wp\/v2\/comments?post=2721"}],"version-history":[{"count":0,"href":"https:\/\/musictechohio.online\/site\/wp-json\/wp\/v2\/posts\/2721\/revisions"}],"wp:attachment":[{"href":"https:\/\/musictechohio.online\/site\/wp-json\/wp\/v2\/media?parent=2721"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/musictechohio.online\/site\/wp-json\/wp\/v2\/categories?post=2721"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/musictechohio.online\/site\/wp-json\/wp\/v2\/tags?post=2721"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}