Tech Industry

Every month, another big tech company announces layoffs. And every time, the same keyword shows up in the headlines: AI. But the real reason is much simpler than that. The Pattern Nobody Questions If you follow tech news, you notice the same story on repeat. Every layoff announcement is tied to AI. “AI is replacing jobs.” “AI made these roles redundant.” The narrative is always the same. Recently, Block – founded by Jack Dorsey, also the co-founder and former CEO of Twitter – was one of those companies. Same story, same keyword. ...

We keep hearing this: “AGI is coming.” But what exactly is AGI? Let’s explore this critical question. Three Different Lenses Let’s look at AI through three different lenses. The Economics Lens OpenAI defines AGI as “highly autonomous systems that outperform humans at most economically valuable work.” Their focus is entirely economic—it’s about jobs and economic productivity. When framed this way, the definition essentially states: if AI surpasses humans at most work that people are paid to perform, then we have achieved AGI. The moment AI can produce the majority of economically valuable work, we’ve crossed the AGI threshold. ...