CEO Says AI Will Replace So Many Jobs That It’ll Cause a Major Recession

The CEO of layaway startup Klarna is claiming that AI is coming for your white-collar jobs — even though his own experiments with replacing human workers with AI were a bust.

Speaking to The Times Tech podcast, the Sweden-based CEO Sebastian Siemiatkowski admitted that adoption of the technology will result in “implication[s] for white-collar jobs” that include, but are not limited to, “at least a recession in the short term.”

“Unfortunately, I don’t see how we could avoid it, with what’s…