Klarna CEO Warns AI Could Trigger Recession and Job Losses

TL;DR Summary
Klarna CEO Sebastian Siemiatkowski warns that AI could lead to significant job cuts in white-collar sectors and potentially trigger a recession, as AI technology replaces human roles, though he emphasizes the importance of transparency and human presence in customer service.
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- Klarna boss: AI will lead to recession and mass job losses City AM
- Company that sacked 700 workers with AI now regrets it — scrambles to rehire as automation goes horribly wrong The Economic Times
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