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According to Klarna, the company has saved the equivalent of $10 million annually using A.I. for its marketing needs, partly by reducing its reliance on human artists to generate images for advertising. The company said that using A.I. tools had cut back on the time that its in-house lawyers spend generating standard contracts — to about 10 minutes from an hour — and that its communications staff uses the technology to classify press coverage as positive or negative. Klarna has said that the company’s chatbot does the work of 700 customer service agents and that the bot resolves cases an average of nine minutes faster than humans (under two minutes versus 11).
Mr. Siemiatkowski and his team went so far as to rig up an A.I. version of him to announce the company’s third-quarter results last year — to show that even the C.E.O.’s job isn’t safe from automation.
In interviews, Mr. Siemiatkowski has made clear he doesn’t believe the technology will simply free up workers to focus on more interesting tasks. “People say, ‘Oh, don’t worry, there’s going to be new jobs,’” he said on a podcast last summer, before citing the thousands of professional translators whom A.I. is rapidly making superfluous. “I don’t think it’s easy to say to a 55-year-old translator, ‘Don’t worry, you’re going to become a YouTube influencer.’” ...
See the full, lengthy story here: https://www.nytimes.com/2025/02/02/business/klarna-ceo-ai.html