Klarna’s CEO has predicted that a recession could be around the corner as companies around the globe—including his own—reduce ...

Klarna CEO Sebastian Siemiatkowski recently warned that AI could very well trigger a global recession. Companies—including ...

Siemiatkowski spoke about the impact of generative AI while appearing on The Times Tech podcast. "Many people in the tech industry, especially CEOs, tend to downplay ...

Klarna's CEO warns AI could wipe out white-collar jobs and spark a recession as the fintech giant slashes staff and leans ...

Klarna CEO Sebastian Siemiatkowski has already used AI to do the work of 700 people at his company, but also had to recruit ...

Klarna replaced 40% of its staff with AI, touting savings. However, customer dissatisfaction surged because the AI couldn't handle complex issues, prompting Klarna to rehire humans.

When it comes to AI’s impact on the economy, there are two camps. In one camp, many economists reassure us that jobs lost to ...

Most people assume it will take years for AI to reshape the job landscape. But tasks that chatbots can do are already ...

BT CEO Allison Kirkby warned that AI advancements could lead to further job cuts beyond the 55,000 already planned by 2030.