After getting slapped by the newly released U.S. employment data yesterday, Jacky Dorsey took the lead by laying off 40% of employees under the banner of AI Agent replacement. Silicon Valley right-wingers are cheering, frantically pushing the narrative of 'AI disrupting the labor market,' because that's the only way to blow an even bigger bubble in the venture capital market. We need to stay clear-headed: the bubble phase in the AI space is equivalent to the DeFi Summer in the crypto world—Ponzi schemes reign supreme as their main logic.