{"id":520685,"date":"2026-03-05T16:59:24","date_gmt":"2026-03-05T16:59:24","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/520685\/"},"modified":"2026-03-05T16:59:24","modified_gmt":"2026-03-05T16:59:24","slug":"oaktree-capitals-howard-marks-warns-afterpay-ai-layoffs-are-first-canary-in-the-coal-mine","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/520685\/","title":{"rendered":"Oaktree Capital\u2019s Howard Marks warns Afterpay AI layoffs are \u2018first canary in the coal mine\u2019"},"content":{"rendered":"<p>Two of Wall Street\u2019s most influential investors have warned that businesses and governments are unprepared for the employment upheaval that will be wrought by the rapidly increasing sophistication of artificial intelligence.<\/p>\n<p>Oaktree Capital Management co-chairman Howard Marks said mass <a href=\"https:\/\/www.afr.com\/technology\/afterpay-staff-go-from-surfing-retreat-to-dole-queue-in-just-two-days-20260227-p5o64q\" rel=\"nofollow noopener\" target=\"_blank\">lay-offs at Jack Dorsey\u2019s Block last week<\/a>, which included 650 Australian Afterpay staff, were the \u201cfirst canary in the coal mine\u201d for greater disruption to come.<\/p>\n<p>Loading&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"Two of Wall Street\u2019s most influential investors have warned that businesses and governments are unprepared for the employment&hellip;\n","protected":false},"author":2,"featured_media":520686,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[256,254,255,64,63,105],"class_list":["post-520685","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-au","tag-australia","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/520685","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=520685"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/520685\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/520686"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=520685"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=520685"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=520685"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}