The real impact of AI on employment is going to be removing the coordination problem which comes from scaling capacity. Jack Dorsey’s
explanation for firing 40% of this business at Block was to accelerate the shift from middle managers routing information up, down and across the organisational hierarchy and instead have AI do it, once everyone is back to being an individual contributor, permanently plugged into the company matrix. Dorsey is outlier only because he’s on the frontier - something like
this what every CEO is going to want. Implications for us in TA / HR - whose function was based on growing, maintaining and developing the organisational hierarchy, should be clear.