"A significantly smaller team, using the tools we're building, can do more and do it better. The majority of companies will reach the same conclusion and make similar structural changes. Intelligence tools have changed what it means to build and run a company."
"At some point you look around and say, 'Gosh, I'm not doing that much of the work anymore, am I?' It certainly dawned on me that I could be in line for redundancy. I just didn't think I was quite there yet."
"He'd been tasked with building systems to detect fraud at the company automatically, slowly waning the need for human intervention over time. There was the first 30 seconds of holy sh*t. But then, as I read the whole thing, I was like, 'Yeah, I get it.'"
Jack Dorsey's announcement of 4,000 layoffs at Block, justified by claims that AI tools enable smaller teams to work more effectively, has intensified concerns about AI's impact on employment. While critics argue AI cannot truly replace human jobs and layoffs are merely using AI as a pretext, workers at affected companies report experiencing gradual job redundancy as automation systems take over their tasks. A former Block machine learning engineer described watching his fraud detection work become increasingly automated, making human intervention unnecessary. Dorsey predicts most companies will follow similar restructuring patterns. The exact impact of AI on the job market remains uncertain, but these layoffs reflect a growing trend across the tech industry.
Read at Futurism
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