Now, the company says it imagines an “Uber-type of setup” to fill their ranks, with gig workers logging in remotely to argue with customers from the comfort of their own homes.
So they’re using their spectacular failure as a chance to exploit their new ‘employees’ via the gig economy.
Fuck them. They have learned nothing about respect or decency, and I hope they continue to crash and burn.
I stopped reading at Financial Tech startup. From that alone I know what kind of people we’re dealing with here.
Something about FinTech…it just attracts the worst possible people.
Klarna? The usury company? The “preys on kids who failed the Algebra 2 test on interest” company?
Klarna sucks balls. “We’re your friend! We help you buy things!*”
*APR 69%; yearly fee: Left limb. Firstborn children no longer accepted.
Oh my. I never experienced that high of an APR.
Payday loans in the states are horrifying. It got so bad that the US government stepped in to limit the interest rates they could charge military members.
Certain tribes are exploiting regulatory loopholes and charging 600%.
But not Klarna? Right? Thats what I meant. I know about payday loans. But I didn’t know if Klarna had that high of APR.
And how many of these Uberserfs will be located in developed countries making good salaries? None, you say?
Probably depends on the language in the target market, a lot of European languages are not that common in countries with cheap labor.
I hope whoever’s running that company gets cancer and dies.
Reverse onion. I thought this was satire at first.
Now, the company says it imagines an “Uber-type of setup” to fill their ranks, with gig workers logging in remotely to argue with customers from the comfort of their own homes.
Alternate headline: “Identity thieves salivating at prospects of gain unvetted positions at consumer financial company”
Klarna: Fire Now, Pay Later.
AI consumes way too much electricity and requires too much human attention (ironically) to be a viable replacement for most jobs. It can do simple stuff, but it’s not ready to operate like a human in most cases.
LLMs can do a lot of cool stuff that humans can’t but also can’t do a lot of stuff very well that humans can do a lot better.
The buy-now-pay-later company had previously shredded its marketing contracts in 2023, followed by its customer service team in 2024, which it proudly began replacing with AI agents.
A few months after freezing new hires, Klarna bragged that it saved $10 million on marketing costs by outsourcing tasks like translation, art production, and data analysis to generative AI. It likewise claimed that its automated customer service agents could do the work of “700 full-time agents.”
As Siemiatkowski told Bloomberg, “cost unfortunately seems to have been a too predominant evaluation factor when organizing this, what you end up having is lower quality.”
Also, just want to recognize this gem:
Though executives in every industry, from news media to fast food, seem to think AI is ready for the hot seat — an attitude that’s more grounded in investor relations than an honest assessment of the tech — there are growing signs that robot chickens are coming home to roost.
This seems to be a lie, there are no customer service positions available on Klarna’s career page.
They also have zero US based roles available. Canada and europe only.
Now, the company says it imagines an “Uber-type of setup” to fill their ranks, with gig workers logging in remotely to argue with customers from the comfort of their own homes.
They are likely hiring through an agency to avoid paying benefits
Collectively, we as people should stop utilizing a parasitic organization. Imagine corporations not giving jobs out yet expecting people to use their service/product.
Realistically they will hire someone in the dominican republic or some other nation with fairly neutral english accents on a call center farm who end up getting paid way under US minimum wage.
Tons of companies do this. Choice hotels, boost mobile… many many more.
Alternatively those gig workers will get paid even less than DR wages and be from far worse countries. Those DR call center farms literally do not allow you to bring any personal belongings onto the floor, or take anything from the floor. Way too easy to steal financial information if you can write it down somewhere. Now imagine gig workers who work remotely and how they could handle financial data… doesn’t seem feasible but maybe they have the liability angle figured out.
Didn’t work out for ya, did it? The weird thing is when people think incompetent business decisions are one more reason to hate AI.
Is it because they realized that you can’t pick on an LLM?
Tried explaining to a friend that works at Facebook. That the company is a failure. And I s basically just Ai accounts manipulating the dumbest of the population.
AI can be a useful tool and I think it will slowly become more common in the workplace, for example it can be very convenient for knowledge retrieval, but it’s laughable to think that it can replace humans. I’d wager any time “AI” can replace a human the job could’ve already been automated through other means.
LLMs are absolute garbage for knowledge retrieval.
Generalized LLMs like ChatGPT are. If you train a model on your own documentation then all it “knows” is what is in the docs and it can perform very well at finding relevant results. It’s just kind of a context-aware search engine at that point.
The problem again is that companies mostly aren’t doing that, they’re trying to replace humans with ChatGPT.
Except that your context aware search engine would tell you when there is no result and AI will just make shit up and distort the results it did find.
It’s not true.
Vector dbs and LLMs are really powerful at knowledge retrieval.
See notebooklm and open-source alternative.
