RE: Block Lays Off 4,000 Employees While Stock Jumps 24%: AI Used as an Excuse to Maximize Profits
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Sometimes it's infuriating to see how AI is used as an excuse to prioritize stock value over the stability of thousands of families. The market celebrating the dismissal of 4,000 people as an "achievement" reflects an alarming lack of ethics where workers are seen as disposable expenses. I disagree with this. There should be an organization to defend us from layoffs due to AI. I think we'll soon see something like this happen: humans rebelling against the machines that are leaving us unemployed.
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At a point where a lot of people will be without an income, unable to buy food and such, I don't think they will just sit and call it a day