#reads distribution, taste
https://x.com/aakashgupta/status/2026777633623781808?s=46&t=nluSw7cwYGx8zFxfoYi5Iw
https://x.com/aakashgupta/status/2026777633623781808?s=46&t=nluSw7cwYGx8zFxfoYi5Iw
X (formerly Twitter)
Aakash Gupta (@aakashgupta) on X
When building costs drop 90% but distribution costs stay flat, you get a gold rush where everyone digs and nobody sells.
That’s what this chart actually shows. New websites up 40%. iOS apps up 50%. GitHub pushes up 35%. Everyone read “barrier to building…
That’s what this chart actually shows. New websites up 40%. iOS apps up 50%. GitHub pushes up 35%. Everyone read “barrier to building…
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Crypto Mumbles
https://x.com/jack/status/2027129697092731343?s=46&t=nluSw7cwYGx8zFxfoYi5Iw
CNA
Jack Dorsey’s Block to cut nearly half its workforce in AI overhaul, shares surge
Feb 26 : Block on Thursday said it will cut over 4,000 jobs, nearly half its workforce, as part of an overhaul to embed artificial intelligence across its operations, sending shares of the payments firm up 25 per cent in after-hours trading.The layoffs signal…
Crypto Mumbles
https://www.channelnewsasia.com/business/jack-dorseys-block-cut-nearly-half-its-workforce-in-ai-overhaul-shares-surge-5956741
market reacted by pumping his shares
first of many to transition
scariest is that it is hitting faster than most people think
first of many to transition
scariest is that it is hitting faster than most people think
Forwarded from The Kobeissi Letter
Recent Layoff Announcements:
1. US Government: 300,000 employees
2. UPS: 78,000 employees
3. Amazon: 30,000 employees
4. Intel: 25,000 employees
5. Nissan: 20,000 employees
6. Nestle: 16,000 employees
7. Microsoft: 15,000 employees
8. Bosch: 13,000 employees
9. Verizon: 13,000
(@TheKobeissiLetter)
1. US Government: 300,000 employees
2. UPS: 78,000 employees
3. Amazon: 30,000 employees
4. Intel: 25,000 employees
5. Nissan: 20,000 employees
6. Nestle: 16,000 employees
7. Microsoft: 15,000 employees
8. Bosch: 13,000 employees
9. Verizon: 13,000
(@TheKobeissiLetter)
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