AI tools let Block run with under 6,000 employees instead of 10,000

“Dorsey said Saturday that the Indian government had ordered Apple to remove Bitchat from its App Store in the country.”

“Within the next year, I believe the majority of companies will reach the same conclusion and make similar structural change.”

“The core thesis is simple. Intelligence tools have changed what it means to build and run a company. A significantly smaller team, using the tools we're building, can do more and do it…”

““In the coming years, it will directly influence the remuneration of senior leaders, including the Board of Management,” Fouquet wrote.”

“I think we should all be worried about sending intentionally or inadvertently or otherwise, signals that send the most talented next wave of AI software engineers to other countries rather…”

“We really set out to have the best transition ever, a textbook example that people could look back to and learn from. It actually started years ago.”