Why Is This C.E.O. Bragging About Replacing Humans With A.I.?

1 day ago · Sebastian Siemiatkowski, the chief executive and a co-founder of Klarna, has repeatedly talked about how much his company has saved from using artificial intelligence tools to automate work humans ...

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Is the CEO's job safe from automation?

Mr. Siemiatkowski and his team went so far as to rig up an A.I. version of him to announce the company’s third-quarter results last year — to show that even the C.E.O.’s job isn’t safe from automation. In interviews, Mr. Siemiatkowski has made clear he doesn’t believe the technology will simply free up workers to focus on more interesting tasks. ...

When did AI upend the workaday world?

Mr. Siemiatkowski often says he first realized A.I. would upend the workaday world shortly after playing around with OpenAI’s ChatGPT in late 2022, only a few months after Klarna endured layoffs and saw its valuation crater. “I’m on Twitter in November ’22, and somebody is tweeting, ‘You’ve got to try this,’” he said on a podcast. ...

Could a 'AI' cause IBM to slow or pause hiring?

Mr. Krishna, the IBM chief executive, once turned heads when he said A.I. could prompt the company to slow or pause hiring for the roughly 10 percent of its jobs involving back-office roles like human resources. ...

Are large companies replacing workers en masse?

So far, most large companies do not appear to be replacing workers en masse. A report on 50 large banks by Evident, a firm that analyzes A.I. adoption, found that they typically derive other benefits from the technology, like improving services or helping employees work faster. ...

Did deepseek create a powerful AI model?

The Chinese start-up DeepSeek caused waves all over the world as one of its accomplishments — that it had created a powerful A.I. model with far less money than many experts thought possible — raised a host of questions. ...

What is generative AI & how does it work?

Lehtikuva/Reuters Over the past year, Klarna and Mr. Siemiatkowski have repeatedly talked up the amount of work they have automated using generative A.I., which serves up text, images and videos that look like they were created by people. ...