Are Dorsey’s giant job cuts the start of an AI jobs apocalypse? Economists weigh in

Are Dorsey’s giant job cuts the start of an AI jobs apocalypse? Economists weigh in

Block CEO Jack Dorsey’s move to cut nearly half the company’s workforce is shining a spotlight on a growing question for corporate America: whether advances in artificial intelligence will ultimately mean fewer workers. In an earnings call Thursday, Dorsey said Block will cut about 4,000 jobs. Dorsey framed the move as more than a cost-cutting…

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