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Opinion: AI’s ability to replace jobs shouldn’t be flaunted

Tags: social tech web
DATE POSTED:August 28, 2024

AI is here to stay, for better or for worse. In the business world, the exponential use of artificial intelligence has sparked both hopes of unprecedented productivity — and fears of job loss. According to a recent survey  by EY, more than two in three employees in Europe are worried that AI will eliminate jobs. Blunt announcements by prominent European tech companies are doing nothing to help alleviate these concerns. One of those companies is Sweden’s Klarna. The buy-now-pay-later unicorn aims to cut almost half of its workforce thanks to AI. In the company’s second quarter results on Tuesday, CEO…

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Tags: social tech web