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Block Slices Workforce, Raises Questions About AI Washing

Jack Dorsey’s fintech company Block announced it was cutting nearly half of its workforce as it bets big on AI. But skeptics say investments in technology may not be the only reason for the layoffs. J.P. Gownder, vice president and principal analyst on the Future of Work team at Forrester Research, joins Caroline Hyde on…

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Jack Dorsey’s fintech company Block announced it was cutting nearly half of its workforce as it bets big on AI. But skeptics say investments in technology may not be the only reason for the layoffs. J.P. Gownder, vice president and principal analyst on the Future of Work team at Forrester Research, joins Caroline Hyde on “Bloomberg Tech.”
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11 Comments

11 Comments

  1. @paulomateus3083

    February 27, 2026 at 3:27 pm

    I didn’t know that Elton John was an expert on AI

  2. @flytoday

    February 27, 2026 at 5:10 pm

    the US runs out of power first

  3. @eatfastnoodle

    February 27, 2026 at 6:08 pm

    how can anyone take him seriously with that thing on his face?

  4. @tomaszjagodzinski2352

    February 28, 2026 at 1:02 am

    Looks more and more like all that noise is about pouring concrete and buying chips for data centers. And waiting for the moment when broligarchs can fire all that annoying “people”

  5. @meerarajamani77

    February 28, 2026 at 12:02 pm

    Everyone just keeps talking about new job creation but no one is talking about how much income will these new jobs create. Ground realities are so different from what experts are talking and analysing on social media.

  6. @supersnapp

    February 28, 2026 at 1:26 pm

    When is Elton John going to start touring again?

    • @jasonsargent5030

      February 28, 2026 at 3:34 pm

      😂😂

  7. @fredyoman

    February 28, 2026 at 5:34 pm

    That eyeglass is hilarious 😂😂😂
    Dude trying look smarty pants 😂

  8. @fredyoman

    February 28, 2026 at 5:38 pm

    Why a man wears purple glass and pink lipstick????😂😂😂

  9. @HoldMyBeerFam

    March 1, 2026 at 3:51 am

    You analysts need to do your fkn jobs. Bozos

  10. @HoldMyBeerFam

    March 1, 2026 at 3:52 am

    Elton John the AI expert over here

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Bloomberg Technology

Don’t Give Up on AI Chips Yet, Says JoAnne Feeney

The recent selloff in AI stocks has sparked fresh debate over whether more efficient models will reduce demand for chips and data centers. Advisers Capital Management’s JoAnne Feeney explains why she still sees long-term opportunities in AI infrastructure and why she’s more cautious on memory stocks like Micron. She joins Ed Ludlow on “Bloomberg Tech.”…

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The recent selloff in AI stocks has sparked fresh debate over whether more efficient models will reduce demand for chips and data centers. Advisers Capital Management’s JoAnne Feeney explains why she still sees long-term opportunities in AI infrastructure and why she’s more cautious on memory stocks like Micron. She joins Ed Ludlow on “Bloomberg Tech.”
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Bloomberg Technology

Moonshot’s Kimi K3 Reshapes the AI Conversation, Says Bessemer Partner

Moonshot’s Kimi K3 has reignited the debate over the future of AI and whether China’s open-weight models are closing the gap with OpenAI and Anthropic. Bessemer Venture Partners’ Sameer Dholakia joins Bloomberg to discuss why competition is good for AI, where the frontier model makers still have an edge, and why he believes we’re only…

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Moonshot’s Kimi K3 has reignited the debate over the future of AI and whether China’s open-weight models are closing the gap with OpenAI and Anthropic. Bessemer Venture Partners’ Sameer Dholakia joins Bloomberg to discuss why competition is good for AI, where the frontier model makers still have an edge, and why he believes we’re only at the beginning of the AI investment cycle. He joins Ed Ludlow on “Bloomberg Tech.”
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Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:

 
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Bloomberg Technology

Nvidia Rolls Out New Chips, WBD Deal In Limbo | Bloomberg Tech 7/21/2026

Bloomberg’s Ed Ludlow breaks down Nvidia’s latest AI chip rollout, as the company says its next-generation processors are now shipping to customers and entering full production. Plus, a judge hits pause on Paramount’s merger with Warner Bros. Discovery, throwing the blockbuster media deal into limbo. And, Sameer Dholakia of Bessemer Venture Partners joins to discuss…

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Bloomberg’s Ed Ludlow breaks down Nvidia’s latest AI chip rollout, as the company says its next-generation processors are now shipping to customers and entering full production. Plus, a judge hits pause on Paramount’s merger with Warner Bros. Discovery, throwing the blockbuster media deal into limbo. And, Sameer Dholakia of Bessemer Venture Partners joins to discuss the AI race’s next phase, with Washington promising to scrutinize Chinese models as investors hunt for the next big winners.

00:00:00 – Bloomberg Tech Begins
00:01:25 – Ian King, Bloomberg News
00:04:11 – Peter Elstrom, Bloomberg News
00:07:39 – Stephanie Aliaga, JPMorgan Asset Management
00:13:34 – Lucas Shaw, Bloomberg News
00:16:10- Jessica Melugin, Competitive Enterprise Institute Center for Tech & Innovation
00:17:45 – Trump Bilateral meeting with Lebanon President
00:28:20 – Tyler Kendall, Bloomberg News
00:28:22 – JoAnne Feeney, Advisors Capital Partners
00:38:28 – Sameer Dholakia, Bessemer Venture Partners
00:46:41 – Jordan Fitzgerald, Bloomberg News
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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