Comment on If A.I. is so fast and efficient, and CEOs are paid so much, why not replace CEOs with A.I.?
hildegarde@lemmy.blahaj.zone 3 weeks ago
Because the purpose of a CEO is wealth transfer. Controlling the company is purely incidental.
Comment on If A.I. is so fast and efficient, and CEOs are paid so much, why not replace CEOs with A.I.?
hildegarde@lemmy.blahaj.zone 3 weeks ago
Because the purpose of a CEO is wealth transfer. Controlling the company is purely incidental.
Artisian@lemmy.world 3 weeks ago
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.