I'm guessing the staffing losses are concentrated at the lowest paid end, which is why getting rid of them has seen average comp increase by 60%.
by datadrivenangel
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Hire an expensive AI Software engineer to replace 2-3 lower paid employees... that will reduce staff count and boost average pay, but is it better overall?
by yobbo
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"had managed to increase revenues by 108%"
This sounds less than the consumer price inflation over the period.
by nobodyandproud
1 subcomments
Boost pay for the median or mean?
by cjrp
1 subcomments
Didn't Klarna say they'd replaced all of their customer service reps with AI, and then had to backtrack and rehire them when the AI was doing a terrible job?
by breckenedge
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There’s really nothing in the article that speaks to savings due to “AI” per se, and the timeline really doesn’t work out. I suspect this is just another executive wanting to jump on claiming “we’re AI now!”