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Klarna Stopped Hiring Humans A Year Ago Because Of AI By Applyly December 16, 2024 Klarna, a Swedish fintech giant, has reshaped its workforce strategy, leveraging artificial intelligence (AI) to replace traditional roles. Over the past year, Klarna’

We should not slow down AI development based on dystopian sci-fi scenarios; instead we need to build AI for good to counter the bad. ~ Canadian Prime Minister Justin Trudeau

📁 AI to revolutionize wealth management — Banks face new competition Microsoft’s Martin Moeller says AI is shaking up wealth management, making banks sweat as startups move in. With firms like Klarna already replacing staff with AI and UBS seeing b

🚀 Klarna’s $14B Reality Check Once hailed as a $50B fintech rocket, Klarna is now heading for a U.S. IPO at a humbler $13–14B. “Growth without profit is a mirage.” 111M users. 790K merchants. Debit cards in U.S. wallets 💳. Licenses in Europe 🌍.

asking “was this made by ai?” will soon sound like asking “did you use a pen or pencil to write this poem?” no one cares how it was made— they care if it hits. in the 2000s, we flexed DSLRs. in the 2010s, it was editing software. in the 2020s, it’

🚇 The Delhi rush hour feels endless. But now—one tap changes the game. "Ixigo is entering the intracity segment." Yes, ixigo just teamed up with DMRC + ONDC to let you book Delhi Metro QR tickets inside the ixigo app. No lines, no chaos, no paper.

Fake ticket today. Fake identity tomorrow. A fake document could risk the whole nation. 🚨 Someone generated a perfect railway ticket in under a minute using AI — and it fooled the TTE. If tickets can be faked this easily, imagine Aadhaar, PAN, ban

Before automation: 200+ tickets flooding in every week Average resolution time = 2 full days Support team constantly burned out, juggling repetitive issues After introducing AI-powered automation: ✅ Tickets are triaged instantly ✅ Common/repetiti

In a move to prepare the state’s citizens for advanced skill jobs, Uttar Pradesh chief minister Yogi Adityanath inaugurated skilling initiative AI Pragya (Artificial Intelligence Programme for Resourcefulness, Awareness, Growth, and Youth Advancement

A local tea stall earns ₹72 lakh a year, cleverly splitting ₹43.2 lakh in digital payments across 4–5 QR codes and ₹28.8 lakh in cash — all to dodge taxes. Meanwhile, the government turns a blind eye to such massive unreported incomes, but uses AI to