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Bloomberg Television

Klarna Stopped All Hiring a Year Ago to Replace Workers With AI #shorts #klarna #ai #generativeai πŸ’˜

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AI can already do all of the jobs that we as humans do it’s just a question of how we apply it and use it you seem pretty easygoing about AI replacing you but how do your employees feel well I think what we’ve done internally hasn’t been reported as widely is we stopped hiring about a year ago so we were 4,500 now we’re 3,500 we have a natural attrition as every tech company so people stay about 5 years so 20% leave every year and by not hiring we’re simply shrinking right what we’ve said to our employes though is what’s going to happen is the total salary cost of CLA is going to shrink but part of the gain of that is going to be seen in your paycheck so we’re going to give some of the improvements that the efficiency AI provides by increasing the pace at which the salaries of our employees increases and that’s because of that message being very consistent for myself and management for the last year people in tley Clan are just rallying Tolo you know deploy as much efficiency AI as they can because it just means it has direct implications on their Equity uh and their cash compensation for working acon

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