Raw LLM Responses

What Klarna does is not trivial by any stretch of the imagination. In terms of replacement - no, they can't. They could give you their source code tomotrow and you still wouldn't replace them in the market. Because Klarna isn't just the software they have. It's also the knowhow of why the software is the way it is (the tehcnical knowhow, understanding the business and the market), how to run it and how to run the business and how to grow it. It's also the marker share they have, the users they have, the data they have. If I am, I dunno, Microsoft, I'm not going to go into the buy now pay later business even if I could get their entire code base for free. I'd need dozens of people to run it. I'd run into problems trying to extend it. I'd need a dozen people to understand the regulation and a lot more to actually comply with it. I'd need dozens of operational staff (support, sys administration, etc), then lawyers, sales people and people who know how to run the business. And in the end, why would anyone using Klarna without issue for years experiment with Microsoft potentially unpolished product? This is finances, it's money, it's not a game. And yeah, the data is hugely important. If you have million of users, then you have data on millions of users. That allows you to not make any (further) bad (essentially credit) decisions and to keep making good ones. Microsoft would start with a fresh slate and make errors along the way until it got the amount of data it needed to make better decisions. All this is to say, software is an enabler of this business, but it's very far from being the entire business. Even if you could replace all software engineers with AI (and you can't), it's still a lot of money and staff to run the business with zero guarantees of anything resembling success.