The stock market has reacted positively to the decision. Block was up nearly 18% on Friday as investors bet on productivity gains from AI.
And East Hampshire District Council also confirmed availability of bin lorries was behind its delay, saying it did not yet have a date for when food waste collections would start.
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His move to the startup world was inspired by Clayton Christensen’s The Innovator’s Dilemma, which argues that market leaders, by nature, are often set up to fail. “This thesis made me really understand how the technology industry was going to be much bigger, much faster than most thought in the late ’90s,” he told Authority Magazine in 2021. “This made me take the risk of working at my first startup because I believed that big companies were at risk of being disrupted due to the advent of the internet and mobile phones.”