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    Home»Jobs & AI»Robert Kiyosaki Reveals ‘Rich Dad Lesson’ After AI Displaced 4,000 Employees at Jack Dorsey’s Block

    Robert Kiyosaki Reveals ‘Rich Dad Lesson’ After AI Displaced 4,000 Employees at Jack Dorsey’s Block

    By Henry KanapiFebruary 28, 20262 Mins Read
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    Best-selling personal finance author Robert Kiyosaki says AI has drawn a line between employees and entrepreneurs.

    In a new post on X, the Rich Dad Poor Dad author says Jack Dorsey’s financial services firm Block (XYZ) slashed nearly half of its workforce, not because the company is in dire financial condition.

    According to Kiyosaki, CEOs and entrepreneurs are now thinking about cost reductions and productivity gains driven by AI.

    “AI MAKES the RICH RICHER:

    Jack Dorsey just fired 4,400 employees, not because the company needed the money.

    Dorsey admitted that each employee made his company millions of dollars.

    Dorsey fired 4,400 employees because AI could do their jobs.”

    Kiyosaki says it’s now time for employees to change their mindset, urging his 2.9 million followers to learn how to use AI and develop AI agents for themselves to survive the tech disruption.

    “RICH DAD LESSON:

    Think like an employee, and AI will replace you.

    Think like an entrepreneur and hire AI to make you richer….like Jack Dorsey.

    Take care.”

    Earlier this week, Dorsey announced that Block was reducing its headcount from 10,000 to under 6,000 because the company can do more with less using “intelligence tools.” Shares of XYZ exploded over 20% following the news, before ending the Friday trading session at $63.70.

    Disclaimer: Opinions expressed at CapitalAI Daily are not investment advice. Investors should do their own due diligence before making any decisions involving securities, cryptocurrencies, or digital assets. Your transfers and trades are at your own risk, and any losses you may incur are your responsibility. CapitalAI Daily does not recommend the buying or selling of any assets, nor is CapitalAI Daily an investment advisor. See our Editorial Standards and Terms of Use.

    AI Block Jack Dorsey jobs Robert Kiyosaki
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