Miguel de Icaza ᯅ🍉Feb 27

What happened at Block will likely happen everywhere else - companies now find themselves with an overstock of talent, and they are not structurally ready to absorb additional capacity.

People will achieve more with less - but this also opens the doors to building entire new businesses.

Show threadTroed SångbergFeb 27
@Migueldeicaza All this is predicated on Dorsey being truthful. I think they overhired post-Covid, reflected in the declining stock valuation and AI is just something to blame for layoffs while pleasing Wall Street.
Show threadTroed Sångberg
@Migueldeicaza Reading this thread from one of those laid off have only increased my doubts as to whether things really are as Dorsey claims: https://front-end.social/@ksylor/116140605934899412
Feb 27 at 9:56pmWeb