"People thought blockchain applied to the food industry was going to solve all of our problems. It hasn't," notes Elahi.
He continued: "People were saying things like, 'He must be able to stop himself, he must be racist, otherwise he wouldn't even be thinking of that word. He's putting it on. It's just a mask.'
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Fintech company Block announced that it would be laying off 4,000 of its 10,000 employees because of gains in AI productivity.