Sebastian Siemiatkowski, CEO of Klarna, predicts that artificial intelligence could lead to a significant economic downturn by 2025, primarily affecting white-collar workers. He argues that AI’s rapid advancement poses a unique threat to knowledge-based jobs, potentially causing widespread displacement in sectors traditionally considered secure from automation. Siemiatkowski specifically points to AI’s ability to perform complex tasks in areas like programming, legal work, and financial services, suggesting that these industries could face substantial disruption. The CEO emphasizes that unlike previous technological revolutions that primarily impacted blue-collar workers, AI’s impact on white-collar jobs could be more sudden and far-reaching. He notes that while AI will create new opportunities and jobs, the transition period could be particularly challenging, potentially triggering a recession as labor markets adjust. The article highlights how AI tools are already being integrated into various professional services, with companies reporting significant productivity gains and reduced need for human workers in certain roles. Siemiatkowski’s warning aligns with other industry leaders’ concerns about AI’s transformative impact on the workforce, though he maintains that the long-term effects will likely be positive once the economy adapts to these changes. The prediction underscores the need for professionals to adapt their skills and for businesses to prepare for significant workforce transitions in the coming years.
Source: https://www.businessinsider.com/klarna-ceo-ai-may-cause-recession-white-collar-jobs-threat-2025-6