News

Klarna CEO predicts AI-driven job displacement will cause a recession
Klarna’s CEO has predicted that a recession could be around the corner as companies around the globe—including his own—reduce ...
Tech Times9d
AI Replacing White-Collar Workers Could Spark Recession, Klarna CEO Warns
Klarna's CEO warns AI could wipe out white-collar jobs and spark a recession as the fintech giant slashes staff and leans ...
Why Economists May Be Severely Underestimating AI’s Jobs Impact
When it comes to AI’s impact on the economy, there are two camps. In one camp, many economists reassure us that jobs lost to ...
British Telecom Giant BT Announced 55,000 Job Cuts by 2030 — Now Even More Could Go Due to AI
BT CEO Allison Kirkby warned that AI advancements could lead to further job cuts beyond the 55,000 already planned by 2030.
RTÉ Ireland12d
Good news: AI won't take your job. Bad news: you can't ignore it
Research suggests the reality of AI in the workplace is more complex than either complete job displacement or simple ...
Fact Check Team: US companies cut jobs amid AI investments
Artificial intelligence is also playing a growing role in these layoffs. Klarna's CEO revealed that the company has cut 40% ...
eWeek11d
The AI Question Leaders Should Be Asking About Hiring & Business Strategy
Job seekers encounter AI long before they’re hired. Some companies use generative AI avatars to screen applicants and conduct ...
The CEO of British telecom giant BT warns AI could lead to further job cuts at the firm
The British telecom giants earlier said it planned to cut up to 55,000 jobs by 2030. The company has turned to AI to reinvent ...