Jack Dorsey, CEO of Block, has announced a drastic 50% workforce reduction, affecting nearly 4,000 jobs, as part of a strategic shift towards an AI-driven model. This decision, aimed at increasing efficiency, has led to a 23.5% surge in Block's share price. Dorsey emphasizes that smaller teams can achieve more with AI, marking a significant change in corporate management and raising concerns about the socio-economic impacts of AI on employment. Teljes cikk (Euronews.com)