The Agentic future is upon us. Block just cut their staff by 40%, not because they're struggling, but because AI changed the math. Gross profit up. Customers up. Advancements in AI tools. Fewer people...
Stocks always go up when you fire a bunch of people, but it's usually a good time to sell. It indicates slowing growth, reduced income, and/or a lack of innovation.
Grow, sign up, and innovate fast enough, and you need more AI _and_ more people.
Grow, sign up, and innovate fast enough, and you need more AI _and_ more people.
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