The layoffs come after a strong quarter for Block, with revenue, profit, and customer base all growing. But Dorsey appears to think that the rise of AI makes this move inevitable, presenting the decision as a choice between doing one sharp cut now, or laying people off slowly over a longer period of time.
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“This is what Chinese modern transnational repression looks like,” Ben Nimmo, principal investigator at OpenAI, told reporters ahead of the report’s release. “It’s not just digital. It’s not just about trolling. It’s industrialized. It’s about trying to hit critics of the CCP [Chinese Communist Party] with everything, everywhere, all at once.”