Isn't it because they're trying to IPO out, so trying to make a bullish case for themselves?
Klarna CEO: Company stopped hiring because AI 'can do all of the jobs'
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Re: Klarna CEO: Company stopped hiring because AI 'can do all of the jobs'
#12Bullshit business model combined with bullshit technology. It's a perfect match.
Re: Klarna CEO: Company stopped hiring because AI 'can do all of the jobs'
#13> Though Klarna's website is advertising open positions at the time of writing, a spokesperson told Business Insider the company wasn't "actively recruiting" to expand its workforce. Rather, the spokesperson said, Klarna is backfilling "some essential roles," primarily in engineering.
Re: Klarna CEO: Company stopped hiring because AI 'can do all of the jobs'
#14If I were a CEO/PR team of large tech company that wanted to downsize, I would probably also say stuff like "AI efficiencies drive long term profitability". That said, I suspect in the short-medium term AI might increase salaries at the high end, but reduce opportunities at the low end. And of course, companies which seriously embrace AI advances, but in sensible ways, will do best.
https://www.klarna.com/international/regulatory-news/klarna-...
Re: Klarna CEO: Company stopped hiring because AI 'can do all of the jobs'
#15Was it ever a good place to work? When they opened their Berlin office the word was the mobile team was a revolving door of contractors doing append-only development on a monolithic RN app. It already seemed dysfunctional then.
Re: Klarna CEO: Company stopped hiring because AI 'can do all of the jobs'
#16They can’t even answer their support tickets using AI.
We just had one waiting for over two months (customer is multi million revenue per month) and after escalating twice, we get a link to the docs (didn’t have the info) and find out they have changed the name of their product for online checkout to Kustom after selling it off.
Re: Klarna CEO: Company stopped hiring because AI 'can do all of the jobs'
#17Re: Klarna CEO: Company stopped hiring because AI 'can do all of the jobs'
#18Looks like it worked - make a controversial statement and now a lot of people have heard of your company.
It's a rather famous scummy company in sweden.
Basically digital loan sharks.
Re: Klarna CEO: Company stopped hiring because AI 'can do all of the jobs'
#19Then when these guys get shot there will be posts complaining
Re: Klarna CEO: Company stopped hiring because AI 'can do all of the jobs'
#20Nearly every CEO I’ve talked to in the past three months (only a handful, admittedly) has said something along these lines, if not quite as extreme.
They genuinely believed the current state of the art is polished and powerful enough to replace huge swathes of coders, designers, writers, etc. leaving only a middle-management supervisory layer and some lower-level grunts to herd the bots. Or it’s a good PR ruse to scale back growth ambitions as others have stated. But most of it appeared genuine belief in “AI”.
Some of these companies will not survive the inevitable reality check that is coming. I’m only sad for the people the glassy-eyed CEOs are shitcanning.