Klarna CEO says he feels ‘gloomy’ because AI is developing so quickly it’ll soon be able to do his entire job

Core Insights - Klarna's CEO, Sebastian Siemiatkowski, believes that AI has the potential to take over all jobs, including his own role as CEO, due to its reasoning capabilities [1][2] - The company has already implemented AI to replace human jobs, resulting in a significant reduction in headcount and a shift in operational dynamics [5] Company Actions - Klarna has ceased hiring for over a year, with AI now performing the work of hundreds of employees [5] - The company's workforce decreased by 22% to 3,500 over the past year, primarily due to attrition [5] - Currently, around 200 employees at Klarna are utilizing AI for core tasks [5] Industry Perspective - A 2023 survey indicated that nearly half of CEOs believe that most or all of their jobs could be automated or replaced by AI [4] - Siemiatkowski expressed a mix of concern and acceptance regarding the potential obsolescence of his role, emphasizing the importance of honesty about AI's impact [3]