Jack Dorsey’s latest far-out bet: An AI future with fewer employees

In September, payments firm Block Inc. gathered 8,000 of its employees from around the globe to California for an extravaganza celebrating the company’s 16th birthday. The three-day affair took place at the Oakland Coliseum and Arena and had the air of a music festival rather than a corporate event, with a nighttime DJ set by Anderson .Paak. Among the highlights: Block founder Jack Dorsey, clad in a black T-shirt with a chain necklace, held a chat on stage with hip-hop superstar Jay-Z, a Block board member. The event cost the company over $60 million. Six months later, Dorsey announced plans… Join today and get full access to The Currency and The Wall Street Journal – TWO premium memberships for the price of one. Subscribe Cancel at any time. Are you already a member? .
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