Why Is This C.E.O. Bragging About Replacing Humans With A.I.? – Most large employers play down the likelihood that bots will take our jobs. Then there’s Klarna, a darling of tech investors.
Why Is This C.E.O. Bragging About Replacing Humans With A.I.? – Most large employers play down the likelihood that bots will take our jobs. Then there’s Klarna, a darling of tech investors.
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From the article
>Ask typical corporate executives about their goals in adopting artificial intelligence, and they will most likely make [vague pronouncements](https://fortune.com/2023/05/11/reid-hoffman-ai-every-information-job-2-to-5-years/) about how the technology will help employees enjoy more satisfying careers, or create as many opportunities as it eliminates. A.I. will “help tackle the kind of tasks most people find repetitive, which frees up employees to take on higher-value work,” Arvind Krishna, the chief executive of IBM, [wrote](https://fortune.com/2023/04/20/ibm-ceo-work-ai-artificial-intelligence-careers-tech-arvind-krishna/) in 2023.
>And then there’s Sebastian Siemiatkowski, the chief executive of Klarna, a Swedish tech firm that helps consumers defer payment on purchases and that [has filed paperwork to go public](https://www.wsj.com/business/swedens-klarna-files-for-u-s-ipo-c5b56c79) in the United States with an expected valuation north of $15 billion.
As an investor or shareholder I would be thrilled to see them embracing the future and keeping costs down.
They aren’t firing anyone they just aren’t hiring people into some roles.
Instead of people complaining about the company, they need to study this model and figure what we do in a future that *will* be filled with these companies and how to manage the unemployment that will eventuate.
You can not stop progress so work with it don’t try to stop it.
It’s wishful thinking at best. More likely, it’s actually disingenuous bravado to exaggerate perceived market value.
A year after Klarna’s CEO declared they don’t need to hire any more SWEs because AI is so good at software engineering, Klarna is still hiring for SWEs: [https://klarnagroup.teamtailor.com/jobs?department=Engineering&split_view=true&query=](https://klarnagroup.teamtailor.com/jobs?department=Engineering&split_view=true&query=)
The CEO is either ignorant, or lying, or both, and because of the unstoppable AI hype train, the venture capital firms that companies like Klarna depend on are gobbling that BS up as fast as people can crap it out.
Pleasure bots. Guaranteed never to revolt. What could go wrong?
Most predatory finance company, notorious for encouraging people to finance grocery shops, turns out to be a predatory employer, looking to replace humans with automation?
Wow. Nobody could’ve seen that coming.
All corporations will be using AI to replace their work force.
Any who claim that they won’t are lying to you.
If one company uses AI, the rest must use it to our they will be left behind.
If AI performs better than humans then it would be like sitting yourself to not leverage that as much as possible. Corporatism demand efficient operation.
>A.I. will “help tackle the kind of tasks most people find repetitive, which frees up employees to take on higher-value work,” Arvind Krishna, the chief executive of IBM, [wrote](https://fortune.com/2023/04/20/ibm-ceo-work-ai-artificial-intelligence-careers-tech-arvind-krishna/) in 2023.
I believed this line of bullshit once. “We’re going to transfer knowledge from this org to another so you can be freed up for more interesting work.” Then 50% layoff a few months later. Then a different org, same thing. Whenever you hear this, it’s bad news.
They tried to do it already, but the ai isn’t where they need it to be. They’re stalling everyone for time while they get their factories built
There’s always someone saying it out loud if you listen closely.
He’s bragging because he doesn’t have a moat. There’s nothing unique to what Klarna does or offers so yea – why shouldn’t most of it just be automation?