Block

Jack Dorsey just dropped what might be the most aggressive AI play in fintech history — Block is cutting 40% of its workforce because, well, AI can do the job faster and probably without the overhead. That's roughly 2,000+ people out of a company that employed like 5,000 before this move, andDorsey's framing it as necessary evolution rather than cost-cutting, which is a choice. Here's the thing: the guy literally built Block around Bitcoin and decentralized finance after walking away from Twitter, so this level of disruption tracks, but actually executing a 40% headcount reduction because algorithms can handle it? That's either the future of work or a warning sign for everyone else in the industry depending on how it plays out.