RegularJoe@lemmy.world to No Stupid Questions@lemmy.world · 5 days agoIf A.I. is so fast and efficient, and CEOs are paid so much, why not replace CEOs with A.I.?message-squaremessage-square67fedilinkarrow-up1465arrow-down114
arrow-up1451arrow-down1message-squareIf A.I. is so fast and efficient, and CEOs are paid so much, why not replace CEOs with A.I.?RegularJoe@lemmy.world to No Stupid Questions@lemmy.world · 5 days agomessage-square67fedilink
minus-squareHildegarde@lemmy.blahaj.zonelinkfedilinkarrow-up12arrow-down2·5 days agoBecause the purpose of a CEO is wealth transfer. Controlling the company is purely incidental.
minus-squareArtisian@lemmy.worldlinkfedilinkEnglisharrow-up6·5 days agoThis wasn’t particularly true all that long ago. Huge buyouts and benefits for CEOs are both quite recent phenomena. Shareholders had a much better split not that long ago, and the social/family dynamics haven’t had long to change so drastically.
Because the purpose of a CEO is wealth transfer. Controlling the company is purely incidental.
This wasn’t particularly true all that long ago. Huge buyouts and benefits for CEOs are both quite recent phenomena. Shareholders had a much better split not that long ago, and the social/family dynamics haven’t had long to change so drastically.