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AI-related layoffs could threaten prime borrowers, Klarna CEO warns

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1 month ago

The artificial intelligence-related layoffs sweeping corporate America could impact prime loan borrowers, Klarna CEO Sebastian Siemiatkowski said. "My concern is probably a little bit more like midterm than short term. If I look at short term, I think it looks fairly healthy… the big kind of unknown is the transformation that AI is driving," Siemiatkowski told FOX Business, underscoring how the rapidly advancing technology has become a bigger threat to office-based workers than blue-collar workers. Siemiatkowski, who steered the Swedish buy now, pay later firm through its IPO in September, sai...

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1 month ago
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