Close Menu
    X (Twitter) LinkedIn
    CapitalAI DailyCapitalAI Daily
    X (Twitter) LinkedIn
    • Markets & Investments
    • Big Tech & AI
    • AI & Cybercrime
    • Jobs & AI
    • Banks
    • Crypto
    Wednesday, April 15
    CapitalAI DailyCapitalAI Daily
    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
    Share
    Twitter LinkedIn

    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
    Previous ArticleSam Altman Pushes Back on Circular AI Funding As OpenAI Raises $110,000,000,000 From Amazon, Nvidia and SoftBank
    Next Article Sam Altman Backs Anthropic in Pentagon Clash – But OpenAI Suddenly Gets Department of War Deal

    Read More

    a16z’s Ben Horowitz Warns AI Making Identity Fraud Worse, Says $450,000,000,000 in Stolen Stimulus Proves US Needs Crypto

    April 15, 2026

    New Study Warns of AI’s ‘Boiling Frog’ Effect That Starts Just After 10 Minutes of Chatbot Use

    April 14, 2026

    Billionaire Chamath Palihapitiya Issues Warning for Stock Market Investors – AI Is Changing How Much You Should Pay for Equities

    April 14, 2026

    JPMorgan Chase’s Jamie Dimon Says $1,000,000,000,000+ in Tailwinds Are Powering the US Economy – But Warns of Growing Risks

    April 14, 2026

    Stanford’s 2026 AI Index Says US-China AI Gap Has ‘Effectively Closed,’ DeepSeek Briefly Matching Top US Model

    April 13, 2026

    Ex-Morgan Stanley Managing Director Says Bitcoin Now Breaking Away From Tech, Predicts BTC Benefiting From AI

    April 13, 2026
    X (Twitter) LinkedIn
    • About
    • Author
    • Editorial Standards
    • Contact Us
    • Privacy Policy
    • Terms of Service
    • Cookie Policy
    © 2025 CapitalAI Daily. All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.