Fintech company Block announced that it would be laying off 4,000 of its 10,000 employees because of gains in AI productivity.
Boeldt referenced Instagram’s recent announcement that it will soon start monitoring accounts it believes to belong to children for any self-harm language. Parents would receive an alert should their children repeatedly search for suicide or self-harm terms on the platform. The move comes as Instagram’s parent company, Meta, is currently on trial for claims of creating a social media environment that intentionally harms and causes addiction in young users.
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