Block CEO Jack Dorsey lays off nearly half of his staff because of AI and predicts most companies will make similar cuts in the next year

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“Intelligence tools have changed what it means to build and run a company. We’re already seeing it internally,” Dorsey wrote in a letter to shareholders.

The public inquiry into the Covid pandemic has cost the government more than £100m to respond to so far, the BBC has learnt. This is on top of the £192m spent by the inquiry itself - meaning the cost to the taxpayer is over 50% more than previously thought.

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