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?
quotingThe 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.
nevent1q…lrg2
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 nprofile1qqsgydql3q4ka27d9wnlrmus4tvkrnc8ftc4h8h5fgyln54gl0a7dgspz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsz9mhwden5te0wfjkccte9ec8y6tdv9kzumn9wshszrnhwden5te0dehhxtnvdakz7sreqct (nprofile…eqct).
https://x.com/jack/status/2027129697092731343