RE: Block Lays Off 4,000 Employees While Stock Jumps 24%: AI Used as an Excuse to Maximize Profits
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40% layoff is such a big count, and now it's proven that AI is affecting employment. Companies have a got a reason called AI to fire people and this is going to be worse.
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Imagine in 5 years how it's going to be, now we are just in the beginning