Timeline
IBM demonstrated sub-1-nanometer chip technology at IEDM conference.
Published article proposing layered architecture for recommendation systems to replace monolithic approaches
Introduced the Deep Neural Lesion (DNL) method for finding critical parameters in neural networks.
Launched Goose, a free and open-source AI coding agent
Outlined plan to replace corporate middle management with AI coordination systems using world models
Block reduced headcount by 40% through rightsizing efforts
Announced 50% workforce reduction to implement AI systems, stock jumped 15%
Experienced stock decline due to AI displacement concerns from Claude Code capabilities
Reducing workforce by 40% (from 10,000 to under 6,000) due to AI-driven productivity gains
Stock price plunged 13.1% following Anthropic's COBOL tool announcement.