Jack Dorsey,CEO of Block and creator of Twitter,just laid off 4,000 employees in one go.
That's nearly 40% of the entire company. The reason? AI and autonomous AI agents.
Dorsey straight up said that neural networks combined with small teams work way more efficiently than a bunch of people sitting in offices.
📈 Block's stock reacted instantly — up over 23%,adding $6 billion to the market cap in just one hour.
The capitalist formula worked perfectly: fewer employees = lower costs= higher profits.
This is the first major real-world precedent where a big corporation fired thousands not because of a financial crisis, but simply because AI can do the job better 😬
Source: https://x.com/jack/status/2027129697092731343
What do you think — is this the beginning of the AI job takeover or just a smart business move?
Drop your thoughts below👇
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