As if on cue, days after a viral essay warned of an artificial intelligence-fueled economic catastrophe calamity, the payments company Block said it was laying off nearly half its staff. The company ...
Block’s 40% layoffs spark questions about AI’s role and overhiring. Here’s what the data shows about headcount, compliance ...
Block beat views on growth in its consumer lending unit as writeoffs soared. With 40% of workers out, can AI replace them? If others follow, it could be AIpocalypse now.
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