Fintech company Block Inc. announced the layoffs of several thousand employees. Its founder Jack Dorsey explains the decision as a move towards progress – AI tools can do everything faster and more efficiently than humans. And judging by the fact that Block's stock has risen, the market has supported the initiative.
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#CelebratingNewYearOnGateSquare ➡️ Why is Jack Dorsey laying off employees en masse?
Fintech company Block Inc. announced the layoffs of several thousand employees. Its founder Jack Dorsey explains the decision as a move towards progress – AI tools can do everything faster and more efficiently than humans. And judging by the fact that Block's stock has risen, the market has supported the initiative.