In a letter to the company, CEO Jack Dorsey said AI tools are making fundamental changes to “what it means to build and run a company.” But tech experts say pandemic overhiring and overly-ambitious promises of AI have had a role in tech layoffs.
Tech company Block, the parent company of payment services Square and Cash App, said it would lay off some 40 per cent of its employees, citing gains in artificial intelligence as the reason. But som… [+5394 chars]
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