Dorsey Says AI Replaces Managers, SpaceX $1.75T IPO, OpenAI Pays Workers to Train Their Replacements
Today we're covering the biggest AI stories of April 2nd, 2026. Jack Dorsey published a post arguing that AI can now replace the entire management layer of a company — framing Block's recent 40% workforce cut as a deliberate bet that smaller, flatter teams powered by AI will outrun every legacy org chart. SpaceX filed confidentially for what would be the largest IPO in history, targeting a valuation above $1.75 trillion and a raise of up to $75 billion — beating OpenAI and Anthropic to public markets with xAI folded in. Plus, a Business Insider investigation revealed that OpenAI is quietly…
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