Block, the company behind Cash App, Square and Afterpay, just announced one of largest AI driven layoff in corporate history. Headcount is being cut from 10,000 to under 6,000. More than 4,000 people, gone, literally overnight and replaced by already prepared AI system. Blocks 2026 profit guidance: up 54%.https://x.com/_Investinq/status/2027150531441897961BTW, one of my friends produces plastic components. His company hired +80 people yet 2 years ago. Now it hires exactly 51 (because of some tax reasons), the rest was fired. Almost entire marketing was fired. Since now AI algorithms answer mails, take orders and even answer phonecalls in all languages, so the company even managed to increase its geographic reach. Only 5 best qualified marketing guys kept their jobs due to exceptional qualifications, and very good results. The company also fired designers. They made a website that enables clients from around the world to draw/define what they exactly want, and send design-files in standarized formats. The AI automatically translates them to machine-files, so CNC machinery literally gets them live for production. The company also replaced machine operators with Ukrainians lately for cost-reduction.The result: net revenue of the company increased few times, along with sales, with 40% smaller staff.Owners of this small company (dollar multimillionaires) never took the "covid vaccine". Both (a couple) claimed with smile on their faces that they will wait for long term effects in those who took it xDRich people are usually smarter than the human livestock (hired workers). If they werent, they wouldnt be rich.
>>529301363this is why the free market should be the default position. repeal these employee headcount laws
>>529301363>The AI automatically translates them to machine-files,bros nuts will start failingthe inflation cancer is coming for you
>>529301363>Rich people are usually smarter than the human livestock (hired workers). If they werent, they wouldnt be rich.TRVKE
>>529301363>we are going to have LLMs writing code based on code written by LLMs with no new human data sources to steal fromGood luck with that. I bet we hear about him opening up offices in India which is what is actually happening.
>>529301667It's more like:>failing company, need to initiate layoffs>"wait, we're a tech company, let's just claim we used AI to replace them all!">stock price pumps, cash out before people realize
>>529301667 Block Inc. used an in-house developed AI agent system called Goose, which is an open-source, extensible tool designed to automate complex tasks (such as software engineering workflows, debugging, testing, code execution, and more). It integrates with various LLMs and runs locally to boost productivity and leads to reported gains like 40% more code shipped per engineer. This enabled the massive layoffs by making a smaller team more efficient.
>>529301810>leads to reported gains like 40% more code shipped per engineer.this sounds believable. Laying off engineers who are 40% more productive but still being paid the same doesn't. Laying off the (usually lefty type) engineers who turned their noses up at AI and refused to use it makes sense.
>>529301363As the price of producing something goes down, so does its value to customers until it becomes a commodity. I hope corps enjoy their future renting software that spends most of its time competing with other software searching the internet for markets to profit from. The markets themselves will check out and not want to buy anything after a while because when customers become over saturated with head games, tricks/calls to action, subscription offers, while they struggle to keep their own lights on, they will not be receptive and walk away. Even here, how many are real people vs bots and employees?
The software selloff doesn't make any sense. AI won't undermine these companies - customers aren't all suddenly going to start vibe coding their own solutions - but AI will dramatically cut their costs by allowing them to dramatically slim their workforces.
>>529301829It's too late now, companies have seen the instant green candle. The AI excuse will be used to exit scam every single publicly traded company so that jews can scurry back to obscure tiny islands and die of a drug overdose on a pile of money and underage prostitutes.
>>529301363>The AI automatically translates them to machine-files, so CNC machinery literally gets them live for productionJesse what the fuck are you talking about
>>529301599Yeah that's not going to go well.
>>529301831>40% more code shipped per engineerwell gone are the times when you actually got praised for doing the same work with less code....
>>529301363Yeah right, and my buddy shits gold after asking chatgpt how to turn himself into a fusion reactor, these vaporware niggers are firing first worlders and hiring infinite jeets, AI can't even do what algorithms did 20 years ago.
>>529301363that a.i. shit you write is all fake marketing. if you own a payment processor that already means you get to print infinite moneyno one makes relevant money with cnc shit, my grandma has a cnc machine
>>529301363>@jackReminder this is the faggot that controlled Twitter and turned it into the lefty hivemind shithole it was and banned every right winger until Elon bought itFuck him and whatever he's doing.
>>529301363> The company also replaced machine operators with Ukrainians lately for cost-reduction.Well, hey, good for them. Got something good going for themselves. Got themselves a job. Moving up!
>>529302501>>529302913I dont know technical details. I know a lot only about CNC machinery because i was professionally tied to it like a decade ago. The shit works for 2 years already. Next time i meet the guy, i can ask him about exact names of AI solutions he implemented. The company is doing great even with these crazy electricity prices. He opened it in 2005, so 21 years on market already
>>529302913>no one makes relevant money with cnc shitThis is the dumbest post ITT. I work with manufacturers every day and theyre always busy. China has become the second biggest economy in the world using cnc manufacturing. Get güd, fag.
>>529301363>layoffs - green>profits - redwhy is the market like this
I mean even if you hate this faggot the fact that he cut 40% of his company and got rewarded for it is a pretty scary concept for evey white collar worker. Silicon valley WFH nerds are probably shitting themselves.
>>529301363
Technology cannot be stopped, no matter how many people die as a result. Ask the people in Hiroshima and Nagasaki on August 10th, 1945.
>>529301363it's no problem, those 4000 fired emoloyees will simply reskill into AI-adjacent fields
>>529303200This, comp sci grads need to start their own companies or get left behind. I think there's a lot of room for improvement in underserviced industries like the trades. Plumbers and electricians, HVAC and framers need to start implementing this stuff to produce customized solutions. Efficiencies in materials sourcing and planning coupled with first hand know-how would be super competitive if utilized correctly. Not to mention, so many mom and pop shops dont advertise, can't do their books properly and don't accurately assay costs.
>>529303091Soon he will be able to rehire Poles again. Ubemployment jumped here from 4% few years ago to 6%. Almost 100k layoffs in 2025 alone, the worst number since early 00s when unemployment was 15% (highest ever) that causes multimillion emigration xD The higher unemployment, the more Poles would compete with Ukrainians for minimum pay jobs, especially if govn liquidates social benefits due to fast rising public debt.
>>529301363zoom out, Square/Block stock peaked at $273 in Feb 2021 and went down to $50, muh AI kek
>>529301829First it was companies becoming crypto companies, now its companies becoming AI companies. It is all exit scamming
>>529303201and it's fucking dorsey, just like with twatter where musk cut 80% headcount and nothing happened (it's about to collapse any moment now)
>>529303495Government stimulus during plan-demic, i guess
>>529303587Will happen again, those situations can raise your portfolio save 4-10x.
>>529303587yeah they overhired, were at 6k headcount before covid, went up to 11, now cutting back to 6k, it's ai you guise, don't look at our bitcoin products that are failing
>>529303615>bitcoin products that are failingThis is also a scam, they will dump it further soon after soom recovery and when everyone says its dead they pump it to 250k.
>>529301363Jewish bullshit.
Everything that can be traded is a scam since marketmakers who control large chunks of the liquid supply such as blackrock can engineer a technical analysis that looks the way they want it to be. They take all the liquidity on both sides of the aisle both doomertards and hopiumtards. Anyone thinking btc will not dump further to then ascend to new heights is stupid. The same will happen with stocks. Everything that is being traded is a scam.
All these recent layoffs were justified by AI implementation/optimisation, actually. Whatever the reason is layoffs are realThankfully all the fired were covid vaccinated so their problems wont last very long xD
>>529301363>they fired all these peopleWhat were they all doing huffing glue? Why the fuck did they need 10K staff?
>>529303903A lot of employing and firing is just based on signaling shit to other stakeholders to influence price of the stocks. If you work for a company in a non-essential functions odds are high you're just a pawn for price gauging of the stock price.
>>529301363>They made a website that enables clients from around the world to draw/define what they exactly want, and send design-files in standarized formats. The AI automatically translates them to machine-filesGarbage in garbage out. Never let clients design shit they're fucking idiots.OP is a faggotKill yourself.
>>529303988>Garbage in garbage out. Never let clients design shit they're fucking idiots.I am an engineer myself, no serious company would procure stuff that way.
>>529303988Clients get what they want. It is not a complicated machinery, just industrial components/elements. First they order prototype. If it is OK, they order thousands copies.
>>529304037If they make mistake, it is their problem. They can order another round of elements after paying for it. The company doesnt start production before getting payment agreed upon in contract xD
And the idea that you just copy-paste stuff is silly too. Most CNC machines are not 5 axis machines but rather 3 axis ones, you need intense programming to make that work. Re-tooling is so expensive that countries if they develop a new gun that is much better for example rather continue to make the old one simply because the tooling is already operational.
>>529301363>phone app needs 10000 employees
>>529301363I'm just glad that my company is placing me into the role of one few humans required, the one to "watch the watchers." Or as I like to call it (the term I just made up) "AI Comptroller". The one in control of the AI, the one who's behind the implementation that replaced the need for your role.
I know a guy in a digital marketing agency. They had 5 graphic designers, now they have 1 using ai. The 4 that were laid off almost certainly have to retrain as there will be no work for them.
>>529304573Exactly, thats how it works. AI just makes one person so productive that you can fire 10 others doing the samd stuff. AI is also perfect in replacing call-center staff, designers (especially graphics). This small company of mine was hiring 8 designers who were doing AutoCAD/Photoshop-tier staff. Now it is only this website, AI algorithms translating standarized client-drawings to CNC code and one designer (CAD) kept in the company as an overseer/backup.
>>529301363This is why they've been shilling AI non-stop these past few years and why they're throwing billions at data centers now. They all desperately want to cut staff like this so they don't have to pay their goy slaves anymore.
>>529304750Indeed. "Covid vaccination" happened because of this too.
So like what happens when 90% of the world is unemployed?
>>529301363Oh, egads! My business needs to downsize. But what if I were to claim that my laid off workers were being replaced by invisible workers and disguise it as increasing profit margins? Delightfully devilish, Seymour.
>>529304780Fiat-based economy will be replaced with Digital ID+CBDC+UBI (dependent on vaccination status). Simple xD
>>529304780We will start to lay off the unemployed.
Human Office Worker Resources (US Avg, Per Year)- CO2 Emissions (energy + full footprint): 14 tons- Electricity Usage: 10,600 kWh- Water Use (domestic/direct): 30,000 gallons (~82 gal/day)- Solid Waste (MSW generation): 0.9 tons- Primary Energy Consumption (all sources equiv.): 265 GJ (74,000 kWh equiv.)- Pollution/Contamination: High indirect (transport NOx/PM, plastics, runoff; significant per-capita share of US emissions)AI Process Replacing One Human Office Worker (Per Year)- CO2 Emissions: 0.065 tons- Electricity Usage: 0.3 kWh (scaled conservatively for light daily tasks)- Water Use (cooling share): 70 gallons- Solid Waste (e-waste amortized): 0.0002 tons- Primary Energy Consumption: 0.4 GJ (direct equiv.)- Pollution/Contamination: Minimal direct; low cumulative (mining/e-waste toxins far below human lifecycle)CO2 emissions: 215x lessElectricity usage: 35333x lessWater use: 429x lessSolid waste: 4500 times lessPrimary energy consumption: 663x lessPollution/contamination: human has extremely high indirect/local impacts.AI has minimal direct per process but low cumulative (mining toxins, e-waste Pb/Hg); overall far lower intensity, roughly hundreds to thousands times less localized/human-scale burden, though grid/mining adds upstream effects.You cant compete with this
>>529303315A large solar storm like the one of 1859 can wipe out all electronics on Earth overnight. You are an ant. You are not God. Stop playing God.
>>529301363>Almost entire marketing was fired.Good. I hope they exterminate HR next.
>>529305697A Carrington-level solar storm could do shit. Modern data centers use robust protections: UPS, surge protectors, isolated grounding and Faraday-like shielding against direct EMP-like effects which solar storms dont produce strongly at ground level, by the way. The main risk is GICs in power grids. They cpuld cause transformer damage and widespread blackouts lasting weeks/months. Electronics themselves (servers, drives) are largely unaffected directly, data survives if power is restored. Global wipeout is impossible due to redundancy, geographic distribution, and hardening in many facilities. Besides such storms can happen only once in century so the damage is very limited
>>529301363good
>>529301363>AI drivenNo.Not every recession is "AI driven", moron.
>>529305900Ask the chatbot that wrote that post for you:1. What happens when the economy is largely automated?2. How many people would starve until connection is restored to the EMP-proof datacenters?
>>529305982This one will be, i guess. I largely agree with recent Citrini report predicting hyper-crisis for 2028.https://www.citriniresearch.com/p/2028gicIt warns of a potential unmatched global crisis from AIs rapid advancement: an "intelligence displacement spiral" where abundant AI substitutes human intelligence (once the scarcest economic input), causing mass white-collar job losses, deflation, and systemic collapse.it is first research so far predicting the global economy falldown/reset not because of the AI market bubble but because of ongoing AI implementation.Core mechanism:AI agents eliminate labor needs -> corporate margins rise briefly -> layoffs surge (esp. software, finance, services; 70% of advanced GDP) -> consumer spending collapses (displaced workers cut out of income loop) -> "Ghost GDP" (output grows on paper but doesnt circulate) -> demand falls -> more AI cost-cutting -> vicious negative feedback loop with no natural brake -> recession, financial defaults (private credit, mortgages), equity crash.By mid-2028, unemployment hits 10.2%, white-collar jobs vanish en masse, S&P 500 drops 38% from 2026 highs (potentially circa 3,500), private credit cascades, prime mortgages crack, global ripples like Indias IT exports collapse, policy fails, social unrest erupts - worse than GFC in structural terms due to intelligence repricing.
>>529306010>How many people would starveThats a good thing from perspective of depopulation agenda implemented by elites, i guess? xD
>>529306010>What happens when the economy is largely automated?Solar storm would be most dangerous for old electric infrastructure, not for new data centers.
>>529306173Once again the problem is not the data centers but the infrastructure connecting them to the outside world.>>529306098The problem is everyone thinks they will be the elite but very, very few people will be.
>>529306391>Once again the problem is not the data centers but the infrastructure connecting them to the outside worldThe power would be restored in weeks in most cases after such a storm. It wouldnt be Armageddon xD>The problem is everyone thinks they will be the elite but very, very few people will be.True. I think thats the problem of dumb masses who still line up for "vaccinations", even after sun-obvious democide of 2020/2022, because they trust the system. Volenti non fit injuria xD
>>529301831Cool story, broseph.
>>529306667Your country and Ukraine is actually the best example that elites nowadays might be interested in maximalisation of war-generated body bags, not in their minimalisation. They surely do this for a reason xD
>>529306070Actually Indians won't replace shit, moron.
>>529301363This is the most bearish news in American history. America is about to have an unprecedented employment recession, one that’s already been on its way naturally, now has the catalyst that is Ai replacing jobs, thus replacing salaries, thus replacing economic spending, thus causing contractionary collapse.
>>529306723> projecting Jewish governing practices onto RussiaIs your last name Imax?
>>529301363>Rich people are usually smarter than the human livestock (hired workers). If they werent, they wouldnt be rich.IF NO ONE CAN BUY YOUR PRODUCTYOUR COMPANY WON'T PROFIT
>>529306787Every countrys brainwashed population thinks that it is ruled by good guys. Ukrainians have such illusions too, Russians as well. Here in Bolanda the human livestock believes that governments work for their good. In the end all these brainwashed shitholes will be thrown against each other and depopulated, i believe xD
>>529301363>Rich people are usually smarter than the human livestock (hired workers). If they werent, they wouldnt be rich.Lmfao ever heard of luck?
>>529304780Stay at home people are going to become bored and breed like rabbits.
>>529307392 >breed like rabbits.I think thats largely impossible already, at least in developed countries with 60-85% "covid vaccine" uptake. We should rather expect 0.5-tier birth rates in next decade
>>529306827If you downsize global economy and downsize population, there is no pain. Thats why i think the "covid vaccination" happened whose main goal was triggering intergenerational excess mortality combined with fertility reduction.
>>529304746>translating standarized client-drawings to CNC codeThis is not how it works.
>>529307676Besides i think that fiat-based economy _must_ fall now, and replaced by new economy based on Digital ID+CBDC+UBI that would keep everything in a totalitarian order : >>529304842
>>529301667PNC is building a new people building in India they're about to fire around 3000 to 6000 people from their company in May.
>>529306863if you keep saying bolanda you will trigger that one redditor pole that says everyone who says bolanda are rightwing boomers from facebook.
>>529307862Uh oh. The only guy i know who uses "Bolanda" term is Tomasz Gryguc. Funny guy who literally put everything upside down. He says Poland should reorientate itself entirely from West to East. He is a hardcore antisemite too. I like him for unconventional views. He even predicted that Brauns Korona (supposedly most right-wing/independent political party in Poland) is just a controlled opposition. Korona supported flooding Poland with Indians lately as a transitional/temporary solution amid modRNA/LNP-induced population collapse xD
>>529301657If you zoom in, all the people on the jobs side of the scale have white/pale complexion. This checks out.
>>529301363>THE HAPPENINGS ARE HAPPENING>THE BIRTHRATES ARE PLUMMETING>THE MAGNETIC FIELDS ARE WEAKENING>THE NEETS ARE NEETING>THE NUKES ARE DROPPING>THE SHITCOINS ARE DUMPING>THE TARIFFS ARE HITTING HARD>THE REAL ESTATES ARE OVERWHELMING>THE AI IS TAKING OVER>THE BANKS ARE COLLAPSING>THE YIELDS ARE SPIKING>THE RATES ARE CUTTING>THE PETRODOLLARS ARE DYING>THE BONDS ARE DEFAULTING>THE INSIDERS ARE SHORTING>THE MONEYS ARE INFLATING>THE PENSIONS ARE PONZYING>THE FAMINES ARE COMING>THE MARKETS ARE CRASHING>THE JOBS ARE RECEEDING>THE UBI'S ARE DROPPING>THE DEBTS ARE PILING UP>THE CYBERCRIMINALS ARE HACKING>THE BLACKOUTS ARE COMING>THE WORLD WARS ARE STARTING>THE WEST HAS FALLENIt's over but I still have to go to work this morning. I'm tired bros, I'm tired of this world. When will it finally be my turn to be on top?
