Block's revenue growth over 25 years is only 0.3% year-on-year, and profit growth mainly comes from layoffs. Meanwhile, traditional payment business is declining, and growth is coming from high-interest lending. If this happened domestically, it would be called cost reduction and efficiency improvement. In the U.S., it's packaged as AI replacing human labor, and Cathie Wood is seriously joining the discussion. Previously, bosses were somewhat hesitant about layoffs, worried about the market's reaction. Now, there's no concern at all