Klarna CEO faces backlash for saying AI let marketing team 'half the size it was last year' do more work, saving millions

Tech Insider
Klarna CEO Sebastian Siemiatkowski
Klarna CEO Sebastian Siemiatkowski faced criticism for saying AI has helped the company's marketing team, which is "half the size it was last year," produce more work.

David M. Benett/Getty Images for Klarna

Gen Zers say they're hooked on fast fashion, but regret their Shein hauls when the 'high' wears off

Tech Insider : Economy
Young woman opening a parcel
The "high" Gen Zers experience from Shein hauls doesn't last long (stock photo).

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Now you can put your Botox on Affirm

Tech Insider
A woman has a needle pointing to her frown lines.
You can now use buy now, pay later service Affirm to pay for that Botox.

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Klarna CEO Boasts His AI Can Do Work of 700 People After Laying Off 700 People in 2022

Gizmodo

Klarna CEO Sebastian Siemiatkowski bragged on Tuesday that his company’s new OpenAI-powered customer service chatbot was doing the work of 700 people—nearly two years after Klarna laid off about 700 people.

Klarna says its AI assistant is doing the work of 700 people after putting the brakes on hiring

Tech Insider
Klarna app
The fintech said its OpenAI-powered assistant had engaged in 2.3 million conversations since it went live a month ago.

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Klarna is freezing hiring and turning to AI tools such as ChatGPT to pick up the slack

Tech Insider
Klarna CEO Sebastian Siemiatkowski
Klarna CEO Sebastian Siemiatkowski

David M. Benett/Getty Images for Klarna

Apple Pay Later Is Here to Saddle You With Impulse Buying Debt

Gizmodo

Apple Pay Later officially launched for all qualifying U.S. residents today, and is now available in the Wallet app on the iPhone, as first reported by MacRumors Tuesday.

Klarna Adds AI-Driven Photo Feature to Drive You Further Into Debt

Gizmodo

Klarna, a Swedish-based shopping app, added a photo feature on Wednesday that uses artificial intelligence-powered software to help consumers find products that appeal to them. The software allows users to point their phone at a piece of clothing or electronics product, and it will populate similar items within the…

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Forget luxury goods, US shoppers are now using buy-now-pay-later services to pay for groceries

Tech Insider
A woman shopping in a grocery store
Food inflation has reached record highs in the US over the past year.

Moyo Studio/Getty Images

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