Tom Bilyeu

Jack Dorsey, in a move that is prophetic, hear my words, is prophetic of what is to come over the next 12 months, just lopped off 4,400 people from his company Block.

That's nearly half of his staff.

Now, while many people have accused Dorsey of simply right-sizing from a COVID hiring binge, Dorsey gave the receipts.

He showed the company is already wildly profitable.

They do roughly $2 million in profit per employee, which is better than most companies by a lot, and that they had already done the right-sizing post-COVID back in 2024.

So that's not what this move was about.

Dorsey said directly he was firing everyone because AI has simply gotten so good that they can do more with smaller teams.

He noted that giving the productivity boosts that they're already seeing from AI, just what's already happened and what is likely to come in the future, it was either continuously reduce staff slowly over the next couple of years and still end up at the same result or do it all in one fell swoop to maximize the benefits and preserve company morale, which is often hurt more by slow attrition.

So this is one of those breathtaking moves that if people understand in context and they get what's really happening, they are going to understand the phrase that I keep coming to is AI is terraforming.

It's terraforming the entire planet, but it is certainly terraforming right now the jobs market.

It is just gonna be fundamentally different over the next 24 months.

I'm not saying that they all go away.

I'm gonna give you some predictions about what other people have said in terms of how much unemployment there's gonna be.

But for a second, even if you don't see a doomsday scenario, the odds that the job market looks anything like it did at the beginning of 25 in two years is zero.

It is going to be radically different.

And if people do not understand how fast-paced this is already moving, they are going to get caught flat-footed.

Now, specific predictions-wise, Anthropic's CEO, Amodi, who we were just talking about, he said a while ago that AI was likely to lead to roughly 20% unemployment in white-collar jobs in the next year or two.

So that means we're talking the next 12 to 18 months, given that he said that a while ago.

So...

If he's even directionally correct, and let's say it's only 10%, that is still psychotically disruptive.