AI-washing: How companies like Block may use AI as a layoff excuse

The possibility that companies are spinning employees and investors and using AI as a shiny excuse for ugly layoffs has ...

I Worked for Block. Its A.I. Job Cuts Aren’t What They Seem.

WOW.” “WILD.” “Bloodbath.” As the former head of communications, policy and people at Square, the company now known as Block, ...

This Block employee survived the ‘Thanos snap’—then refused a 90% pay bump and quit immediately. Why her explanation is going viral

The data scientist says the company ‘shoved AI down everyone’s throats,’ yet she saw ‘very limited gains in productivity.’ When fintech company Block laid off 40% off its workforce last week, CEO Jack ...
The New York Times

Block Cuts 40% of Its Work Force Because of Its Embrace of A.I.

About 4,000 workers will lose their jobs as the payments company does more work with new artificial intelligence tools, its top executive said. By Natallie Rocha Reporting from San Francisco Block, ...

The Curious Case of the Block ‘AI Layoffs’

Last week, Block CEO and ayahuasca enthusiast Jack Dorsey announced that he was cutting 40% of his company’s staff because AI ...
Observer

Block, A.I. and the Front-Running of the Curve

Quant’s Yousef Khalili explores Block’s layoffs as a structural test of whether A.I. has evolved from a productivity enhancer ...

Block cuts about half its workforce — how to move forward after a mass layoff, career experts say

Block, Amazon and CrowdStrike have recently announced significant job cuts. Mass layoffs can create unique financial and career challenges for workers.
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How does blockchain technology work? [Ultimate guide]

Have you ever felt lost trying to understand blockchain? You are not the only one. Most people hear "blockchain" and immediately think of confusing tech jargon. But at its core, a blockchain is just a ...
CNN

Block lays off nearly half its staff because of AI. Its CEO said most companies will do the same

Block, the company behind Square, Cash App and Afterpay, is cutting its staff by 40%. The reason: “intelligence tools,” according to a letter to shareholders by co-founder Jack Dorsey. Dorsey thinks ...
Forbes

Proof Of Work Is What’s In Your Wallet, Not On The Bitcoin Blockchain

1970s Male hands opening a wallet and taking out a one dollar $ bill. (Photo by H. Armstrong Roberts/ClassicStock /Getty Images) Venezuela’s economy runs on dollars. So do the economies of just about ...

How a Brute Force Attack Unmasked a Ransomware Infrastructure Network

A routine RDP brute-force alert led to unusual credential hunting and a geo-distributed VPN-linked infrastructure. Huntress Labs explains how one compromised login unraveled a suspected ...