The CEO of the Swedish payments company Klarna says that the rise of artificial intelligence could lead to a recession as the technology replaces white-collar jobs.
Speaking on The Times Tech podcast, Sebastian Siemiatkowski said there would be “an implication for white-collar jobs,” which he said “usually leads to at least a recession in the short term.”
“Unfortunately, I don’t see how we could avoid that, with what’s happening from a technology perspective,” he…
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https://www.businessinsider.com/klarna-ceo-ai-may-cause-recession-white-collar-jobs-threat-2025-6