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The Latest Breaking News from Sebastian Siemiatkowski

Apollo chief economist says there's ‘zero evidence’ AI is killing jobs—in fact, he says it's creating them

Torsten Sløk, chief economist at Apollo, says AI will only create more jobs for human workers—even as companies tie their layoffs to the tech.

Fortune

After receiving backlash, the CEO of Standard Chartered apologizes for hurt over saying ‘lower value human capital’ will be automated by AI

Bill Winters, the CEO of Standard Chartered, says about 15% of “back office” corporate function roles will be reduced in the next four years.

Fortune

Klarna Group Q1 Earnings Call Highlights

Klarna Group (NYSE:KLAR) reported a stronger-than-expected first quarter of 2026, with management pointing to accelerating payment volumes, rapid growth in its financing product and continued expansion of its merchant network as key drivers of the results. Co-founder and CEO Sebastian Siemiatkowski

MarketBeat

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CEO of a $25.9 billion bank had his AI clone lead the company’s earnings call—as Mark Zuckerberg builds his own digital twin

An AI double of Customers Bank CEO Sam Sidhu led the company’s recent earnings call. He joins Mark Zuckerberg, Sebastian Siemiatkowski, and Eric Yuan in the AI clone trend.

Fortune

Sam Altman says the quiet part out loud, confirming some companies are ‘AI washing’ by blaming unrelated layoffs on the technology

Some economists are warning there’s no sign of AI-related job displacement appearing in the labor data. Altman claimed it’s just a matter of time until it does.

Fortune

Klarna's CEO agrees with Dario Amodei. He thinks his white-collar workforce will shrink by a third by 2030

CEO Sebastian Siemiatkowski says attrition, not layoffs, is the reason behind the company’s smaller workforce.

Fortune

10 CEOs Who Admitted They're Replacing Workers with AI in 2026 — And One Cut 80% of His Staff

Corporate leaders from Amazon to Salesforce have publicly confirmed that AI is eliminating jobs, with survey data showing 37% of companies expect to replace roles by the end of 2026.

International Business Times UK

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Gen X CEO uses AI versions of Steve Jobs and Warren Buffett as a ‘fantasy board of directors’ to help him prepare for meetings and performance reviews

Warren Buffett might never have heard of AI startup Markup AI or its CEO Matt Blumberg. But the billionaire investor has become one of the company’s newest advisors—and it’s all thanks to AI.

Fortune

Klarna CEO says he feels ‘gloomy’ because AI is developing so quickly it’ll soon be able to do his entire job

“My work to me is a super important part of who I am,” Sebastian Siemiatkowski said.

Fortune

Klarna says AI drive has helped halve staff numbers and boost pay

Buy now, pay later firm says pay has risen by 60% with staff numbers mostly cut by attrition and tech investment

The Guardian - UK

Crypto market sheds more than $1tn in six weeks amid fears of tech bubble

Bitcoin price at lowest level since April while FTSE 100 falls as Google boss warns there is ‘irrationality’ in AI boom

The Guardian - UK

AI enabled Klarna to halve its workforce—now, the CEO is warning workers that other ‘tech bros’ are sugarcoating just how badly it’s about to impact jobs

Sebastian Siemiatkowski, who told Sam Altman he wanted Klarna to be ChatGPT’s “favorite guinea pig,” says too many CEOs are downplaying how disruptive AI will really be.

Fortune

Klarna boss says AI has let it cut workforce in half and boost staff pay

Sebastian Siemiatkowski said there is a ‘massive shift’ coming to society as a result of AI.

The Independent UK

MasterClass founder says CEOs who are not using AI daily are only 80% as good as their peers—he’s saved an entire day of work thanks to a custom GPT

While some CEOs fear AI will replace them, David Rogier built an AI clone of himself—and says it's made him more essential, not less.

Fortune

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Fortune

Klarna and Google CEOs are vibe coding—a skill that could help you land your next job

Sebastian Siemiatkowski said he can create a prototype in 20 minutes that previously took weeks.

Fortune

Klarna’s cofounder worked at Burger King and lived on welfare before starting the buy-now, pay-later firm. It’s now worth $16 billion after IPO

Klarna CEO Sebastian Siemiatkowski worked at Burger King and lived on welfare before starting his $16 billion fintech firm.

Fortune

Klarna's $17 billion IPO has just turned 40 staffers into overnight millionaires—while Nvidia, Canva, and Palantir workers are seeing similar gains

Now, at least 100 Klarna workers have collectively joined the millionaires’ club—and workers who invested early in Nvidia, Canva, and Palantir are seeing dizzying success, too.

Euronews

Klarna shares rise 15% in their first day of trading on Wall Street

Klarna made a solid debut on the New York Stock Exchange, with shares of the Swedish buy now, pay later company rising nearly 15%, the latest in a run of high-profile initial public offerings (IPO) this year.

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International Business Times UK

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.

Fortune

Klarna CEO predicts AI-driven job displacement will cause a recession

Sebastian Siemiatkowski foresees mass AI-induced headcount reductions among white-collar workers.

International Business Times UK

Klarna Slashed 40% of its Staff for AI — Now They're Scrambling to Rehire Humans After Customer Backlash

Klarna replaced 40% of its staff with AI, touting savings. However, customer dissatisfaction surged because the AI couldn't handle complex issues, prompting Klarna to rehire humans.

Fortune

Meta wants to replace its human workers with AI to review privacy and societal risks

Up to 90% of risk assessments could become automated. Other companies like Klarna, Salesforce, and Duolingo are looking at job shifts in the face of AI.

The Independent UK

Klarna’s AI replaced 700 workers. It now wants some of them back to improve customer service

Klarna’s CEO has suggested that the AI job cuts have led to “lower quality” customer service

Fortune

More Klarna customers could struggle to repay loans

Credit losses increased 17% year-over-year to $136 million in the first quarter.

Fortune

As Klarna flips from AI-first to hiring people again, a new landmark survey reveals most AI projects fail to deliver

Just 1 in 4 AI investments bring in the ROI they promise—but CEOs just can’t resist the technology.

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Sebastian Siemiatkowski

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