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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

Intel Tumbles on PC Outlook, AWS CEO on AI Spending and Growth

Bloomberg’s Ed Ludlow looks at the fall in Intel shares as a bleak outlook exposes the chipmaker’s struggle with a deepening PC slump and difficulty meeting CPU demand. Plus, AWS CEO Matt Garman discusses the cloud giant’s accelerating growth and massive AI buildout. And, Bitcoin tumbles after hackers siphoned off $6.3 billion from Binance in…

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Bloomberg’s Ed Ludlow looks at the fall in Intel shares as a bleak outlook exposes the chipmaker’s struggle with a deepening PC slump and difficulty meeting CPU demand. Plus, AWS CEO Matt Garman discusses the cloud giant’s accelerating growth and massive AI buildout. And, Bitcoin tumbles after hackers siphoned off $6.3 billion from Binance in an attack that rocked the crypto world.

00:00:00 – Bloomberg Tech Begins
00:01:00 – Ian King on Intel Shares Plunge
00:03:41 – JoAnne Feeney, Advisors Capital on Intel
00:09:39 – Poonam Goyal on Amazon drop after earnings
00:13:23 – Dave Baszucki, Roblox CEO on Roblox 3Q Results
00:19:36 – Emily Nicolle on Binance Hack
00:23:37 – Matt Garman, AWS CEO on AWS Growth
00:36:02 – Peter Singlehurst, Baillie Gifford on Anthropic IPO
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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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Bloomberg Technology

Why Anthropic’s AI Edge Appeals to Long-Term Investors

Anthropic’s technical expertise, innovation and efficient use of compute set it apart in the AI landscape, says Peter Singlehurst, head of the Private Companies Team at Baillie Gifford. Singlehurst discusses why Anthropic’s governance structures – giving its seven founders voting control – are good for long-term investors. He joins Ed Ludlow on “Bloomberg Tech.” ——–…

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Anthropic’s technical expertise, innovation and efficient use of compute set it apart in the AI landscape, says Peter Singlehurst, head of the Private Companies Team at Baillie Gifford. Singlehurst discusses why Anthropic’s governance structures – giving its seven founders voting control – are good for long-term investors. He joins Ed Ludlow on “Bloomberg Tech.”
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Bloomberg Technology

Roblox Sees AI Content Surge as Daily Active Users Fall

Roblox CEO David Baszucki says the platform has seen an explosion of AI-fueled content in the last three months. But the online gaming company is seeing some growing pains after rolling out tougher child-safety measures, with daily active users falling 9% last quarter, while bookings dropped 12%. Baszucki joins Ed Ludlow on “Bloomberg Tech.” ——–…

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Roblox CEO David Baszucki says the platform has seen an explosion of AI-fueled content in the last three months. But the online gaming company is seeing some growing pains after rolling out tougher child-safety measures, with daily active users falling 9% last quarter, while bookings dropped 12%. Baszucki joins Ed Ludlow on “Bloomberg Tech.”
——–
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