Tech companies are overhauling company structures to justify AI spending, and it means AI agents could start appearing on org charts, Block CFO says

Earlier this year, Block CEO Jack Dorsey laid off 40% of his entire staff , part of a structural overhaul within the company as it ballooned its adoption of AI to automate workflows. As more companies pour investments into the burgeoning technology, expected to exceed $730 billion this year , they are having to make sweeping changes across their workforce. Amrita Ahuja, Block’s chief financial officer and chief operating officer, predicts many of these changes needed to justify all this spending will take the form of both displacement and in how employees learn to engage with AI.

Source: Fortune Crypto