Billionaire Jack Dorsey Thinks AI Will Kill Middle Management
Billionaire Jack Dorsey Thinks AI Will Kill Middle Management
Publish Date: 2026-03-31 14:24:00
Source Domain: www.forbes.com
- Jack Dorsey, CEO of Block (the company behind Square and Cash App), co-authored a blog post with Roelof Botha discussing the potential of AI to replace many middle management roles.
- Block announced in February that it would lay off about 4,000 employees, a move that was welcomed by investors with a 24% surge in shares.
- Dorsey and Botha argue that AI can perform many tasks traditionally done by middle managers, like tracking projects and facilitating communication, potentially flattening company structures.
- They compare current corporate hierarchy to the Roman military model, suggesting that AI can manage tasks and generate a real-time “world model” of the business and its customers.
- Despite Block’s stock performance issues over the past decade, Dorsey believes successful implementation could lead to broader adoption of this approach by other companies, impacting the role of middle managers across various industries.
- Botha, a former venture capitalist with a track record of backing successful tech firms, lends credibility to Dorsey’s vision, making it more likely to be adopted by ambitious executives.
