Jack Dorsey and Roelof Botha think AI can make middle management obsolete
For years, companies have been flattening their organizations and cutting down middle management. Weeks after slashing his staff by 40%, Jack Dorsey, CEO of payments company Block, foresees middle management’s complete extinction.
In an essay published Tuesday co-authored with Sequoia advisor Roelof Botha and titled “From Hierarchy to Intelligence,” Dorsey questioned the conventional wisdom of widely used organizational structures.
“At Sequoia, we see that speed is the best predictor of start-up success.