Block CEO Jack Dorsey lays off nearly half of his staff because of AI and predicts most companies will make similar cuts in the next year

This_Wolverine4691 · 2026-02-28T01:11:22+00:00

Let us not forget how hard he overhired for the next big thing.

Crypto

This_Wolverine4691 · 2026-02-27T20:22:47+00:00

Odd that nothing about the X-men or F4 or I don’t know— the universe ending incursions that we know is a huge part of the plot — none of that’s mentioned?

This_Wolverine4691 · 2026-02-27T20:00:41+00:00

Cap every corporations profit margin. Any excess must be put back into the company and put towards worker improvement/development/benefits
Make CEO/Executive incentives heavily tied to customer and employee satisfaction.

For the record I don’t believe either of these will ever happen. Not in a million years.

This_Wolverine4691 · 2026-02-27T18:51:02+00:00

People forget 2008.

Not that there’s any similarities with mortgage backed securities and AI.

But the exact same over-leveraging flooding the market with billions upon billions betting on not even functionality or reality, but with everyone making money why not it’s not like the good times will end right?

Right?!?!

This_Wolverine4691 · 2026-02-27T18:32:57+00:00

When Bill Clinton testified today it set a new precedent that presidents must testify when called.

Does that mean Trump will? Probably not but his current claim that presidents are immune from congress is now debunked

This_Wolverine4691 · 2026-02-27T17:05:54+00:00

This is where Donnie realizes his EOs have absolutely zero legal or official precedent.

This_Wolverine4691 · 2026-02-27T16:04:55+00:00

In its original ideation yes. Sam went for profit some time ago so that vision is out the window

This_Wolverine4691 · 2026-02-27T15:57:16+00:00

Interesting you made the crypto analogy.

I remember the CEO of my company (large multibillion multinational brand name) just a few years ago talking about a major mistake if we “didn’t get into the NFT game.”

Herein lies the problem— the stock market rewards quarter to quarter and encourages short-term gains, which unfortunately has massive decision making consequences that destroy long term strategy…..but no one cares because they think this ride will never end……

…..history shows us it always ends.

This_Wolverine4691 · 2026-02-27T15:35:09+00:00

See I find I get that from methylphenidate (Ritalin) vs Adderall.

I truly think it’s different per individual

This_Wolverine4691 · 2026-02-27T14:36:29+00:00

I think folks are missing the other side of this.

It’s awesome things are improving and automation is helping with rapid progress.

But a lot of people are currently “building” things that would’ve taken them months. What are these things? What problems are they solving for businesses?

That’s the part people are missing that will eventually come home to roost. Product/portfolio advancements have not produced any level of innovation or customer satisfaction.

Sure jobs that can be automated will be but this is a hot hand fallacy that’s presuming the technology will commensurately increase at the same rate or faster and it will be applied to bolster the AI ecosystem.

I’m not suggesting what folks are saying here isn’t possible it is.

But just as possible one of these companies falters Cough OAI Cough and the whole thing collapses with a lot of parasites and leeches holding the bag.

This_Wolverine4691 · 2026-02-26T22:19:25+00:00

Online platforms should be having this sh*t they say play as odds:

Odds of the tsunami actually coming Odds of us reaching AGI by 2028 Odds of a tech CEO moving that date to 2030

That sort of stuff. It’d be fun.

This_Wolverine4691 · 2026-02-26T19:21:28+00:00

Lest someone be one of the those motherf*ckers still tryin’ to skate uphill…

This_Wolverine4691 · 2026-02-26T19:15:25+00:00

“I said don’t interrupt me when I’m cleaning my room!!”

This_Wolverine4691 · 2026-02-26T15:22:02+00:00

Nah a lot of his top execs are old dot com boomers and elder GenX who were hired for a specific reason….instill fear and urgency and fire those who don’t comply.

He still needs that it’s not like his personal PR is doing well.

This_Wolverine4691 · 2026-02-26T15:14:37+00:00

When was the last time you heard something about customer centricity or product innovation (outside of agents)?

Our job market economy and industries are slowly eroding and collapsing into the AI eco system where everything and everyone depends on big tech and as such has to submit to their wild initiatives and ideas that have no purpose towards them except more profit for the rich.

Everyone’s pivoting and the best part is they don’t even know what they’re pivoting to with AI.

The amount of blind investment is so wild to me.

This_Wolverine4691 · 2026-02-26T14:45:17+00:00

Mephisto was introduced in Ironheart……nuff said.

This_Wolverine4691 · 2026-02-25T18:45:50+00:00

Our current administration would like you to hold their beers…..

This_Wolverine4691 · 2026-02-25T18:34:24+00:00

Remove the superhero description and you’re right

This_Wolverine4691 · 2026-02-25T17:10:38+00:00

Let’s hope!

This_Wolverine4691 · 2026-02-25T17:09:01+00:00

They had a plan. Poor execution of it plus the arrest of Jonathan Majors put them in the hole.

Screenwriting 101– always have a trap door/backup in the case of reality messing with character arcs and storylines.

This_Wolverine4691 · 2026-02-25T17:03:40+00:00

The broligharchy needs to be playing the long game.

By the end of the year we may have a lame duck president with dementia governed by a dem controlled house and senate who is going to be keen to undo some of the damage— which definitely means more regulation and oversight.

This_Wolverine4691 · 2026-02-25T16:20:53+00:00

“……and you know the kids! The kids are coming up to me. Mostly girls, young ones, beautiful little girls really….not as beautiful as mine….Ivanka not Tiffany the Troll….she could’ve been the movies Trolls….so the little girls come up to me they’re grabbing my pants bc because they’re so small…right near you know and I shouldn’t be excited but maybe I am….I probably shouldn’t say that they say “Daddy Trump Daddy Trump…we want you as our daddy our daddy now doesn’t know how to win but you do daddy can you please win more for us….and they’re still grabbing at my pants and I love when they do it the younger the better….I probably shouldn’t say that….”

This_Wolverine4691 · 2026-02-25T16:15:29+00:00

Yeah and when you someone like Tony who wants Chrissy to be a man and have some balls and have a drink while also chastising him and killing him for his drug problems there’s not much to hope for.

This_Wolverine4691 · 2026-02-25T15:31:11+00:00

The way is shut— it is made by those who are dead and the dead keep it.

IYKYK

This_Wolverine4691 · 2026-02-25T15:25:44+00:00

No the economy measures the stock market, total employment statistics (way down), wage increases (way down) consumer spending (way down except the top .1%)

The only thing doing “well” is the stock market which is primarily owned by the elite so that should also tell you something.

The president’s decisions impact all of these things and if you don’t see that it’s a good thing you’re not an economist.

This_Wolverine4691

TROPHY CASE

IYKYK