AI doomsday fear coming true? Jack Dorsey-led Block lays off nearly half of its staff, Twitter co-founder says 'most companies late'

Jack Dorsey-led Block has cut over 4,000 jobs, or nearly half its workforce, amid an AI boom. The Twitter co-founder said most companies are late and also said that they are not making the decision because they're in trouble.

Sector: Electronic Labour | Confidence: 98%
Source: https://economictimes.indiatimes.com/news/new-updates/ai-doomsday-fear-coming-true-jack-dorsey-led-block-lays-off-nearly-half-of-its-staff-twitter-co-founder-says-most-companies-late/articleshow/128837820.cms

---
Council (3 models): Synthesis failed

#FIRE #Circle #ai