tanel on Nostr: to those staying, i'm asking you to build with me, so i can continue with another 40% ...

to those staying, i'm asking you to build with me, so i can continue with another 40% cut in 2 years

whilst the transparency is necessary, i don't see how you keep the existing staff morale high, when they know that they will likely be replaced by agents

that much higher of a salary?

quoting
nevent1q…lrg2

The Agentic future is upon us. Block just cut their staff by 40%, not because they're struggling, but because AI changed the math. Gross profit up. Customers up. Advancements in AI tools. Fewer people needed.

The market agrees, because Block's stock is up 21% after hours.

The vision that excites me: customers building their own features directly on top of Block's infrastructure. Imagine a fully customized Square POS experience built with AI tools like Goose. Your business logic, your workflows, no dev team required, and using a proven backend infrastructure (which includes Bitcoin). Maybe this happens?

Thanks for the transparency jack (nprofile…eqct).

https://x.com/jack/status/2027129697092731343