""For the first time, a system can maintain a continuously updated model of an entire business and use it to coordinate work in ways that previously required humans relaying information through layers of management.""
""There is no need for a permanent middle management layer. Everything else the old hierarchy did, the system coordinates.""
Block has undergone significant layoffs, with Jack Dorsey citing AI advancements as a key reason. The company plans to restructure its workforce into three roles: individual contributors, directly responsible individuals, and player-coaches. This new structure eliminates the need for permanent middle management, allowing employees to make decisions based on AI-generated context. Dorsey envisions Block as a 'mini-AGI' that can coordinate work more efficiently than traditional management layers.
Read at www.businessinsider.com
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