readuncutMay 6

Jack Dorsey demonstrated both versions with the poise of a man who had already forgotten what he said 12 months ago. Cut 931 people in March 2025 ("not about AI"), then 4,000 more in February 2026 ("100 people + AI = 1,000 people"). Block's stock surged 25% on the second announcement. https://readuncut.com/the-ai-bet-corporate-america-actually-made-it-wasnt-productivity/

#AI #TechLayoffs #BlockInc #AIWashing

AI Layoffs and Wage Compression: The Bet Corporate America Made

AI gave corporate America a way to gut headcount and get applauded for it. An NBER study found only 2% of execs attributed cuts to actual AI, but 60% cut in anticipation of efficiencies that haven't arrived. The bet was never productivity. It was permanent wage compression with better PR.

Read Uncut
Show threadJamesFeb 27
#AI #ArtificialIntelligence #Tech #BlockInc #Layoffs
Anders_SApr 21, 2025

De mest använda sociala medierna i Sverige är Youtube, Facebook, Instagram, Snapchat, LinkedIn, TikTok, Flashback, X, Pinterest, Discord, Reddit, Roblox, Twitch, BeReal och Threads. Bluesky, Yubo och Mastodon har färre användare.

https://blog.zaramis.se/2025/04/21/de-som-ager-och-kontrollerar-de-sociala-medierna/

De som äger och kontrollerar de sociala medierna - Svenssons Nyheter

De som äger och kontrollerar de sociala medierna. De mest använda sociala medierna i Sverige är Youtube, Facebook, Instagram, Snapchat,

Svenssons Nyheter
⚯ Michel de Cryptadamus ⚯Jan 16, 2025

oh look #JackDorsey's crypto friendly financial transactions company Block (FKA "Square", owns #CashApp, among others) just got hit with an $80 million fine for facilitating #moneylaundering

this is my shocked face

#SQ #AML #BSA #Block #BlockInc #Uspol #broligarchy #broligarchs #crypto #cryptocurrency #bitcoin