Jack Dorsey's 4k Job Cuts at Block Arouse Suspicions of AI-Washing

pinewurst 13 points 3 comments March 01, 2026
www.bloomberg.com · View on Hacker News

Discussion Highlights (3 comments)

pinewurst

https://archive.ph/iJpFK

bediger4000

Is there a compelling reason to ever take Dorsey at his word? This article engages in tea leaf reading of Dorsey, which gestures at "no", but does not say so directly.

boh

Pretty much any claim by any company that they've somehow "figured out AI" and that's why they're cutting jobs has been proven as unsubstantiated by various financial firms. Most of these companies can no longer grow and are starting the dying process. AI is eating all their investment money so they're trying to pretend they're an "AI first" company while simultaneously gutting themselves.

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