David Sacks

And then you're not basically netting it and presenting a balance you've got.

I'm not cherry picking it.

I am reading the news and I'm describing what the CEO said.

Jack at Block said he's doing this because of AI.

Matthew Prince said it's AI.

Zuckerberg said it's AI.

I'm just taking them on their word.

Yes, exactly.

So Jack Dorsey came out and said that he was going to do a 50% elimination because of AI.

Okay.

And within 24 hours, all the financial analysts on X said that Jack was AI washing and that block had horribly overstaffed during COVID.

It was running much more inefficiently than all of its other peers in this category.

And they've needed to do a 50% job cut for a long time.

So pretty much everyone thought that was pure AI washing.

In fact, you've just proven my point.

And what exactly are the efficiencies that Jack is getting?

I mean, this is the most hand wavy thing ever that, oh, we're just magically going to be able to eliminate half our cost structure right now.

Okay, so Jack, Matthew Prince, Zuckerberg, and Andy Jassy are all lying and doing AI washing.

Zuck did not say this was due to AI.

He just did it.