Part 5/10:
Klarna’s CEO pointed out that widespread adoption of AI could automate between 30% and 40% of clerical and analytical roles. Already, 70% of financial professionals are using AI to inform their decisions. The capability of AI to read and analyze data surpasses human limits, making many traditional jobs redundant or significantly less necessary.
However, this transition is not without pain. For many workers—particularly older employees or those with less familiarity with technology—the shift could mean unemployment or underemployment. This is especially troubling for those with mortgages, family responsibilities, or student loans, who may feel ill-prepared for the rapid changes.