For a publicly traded business, this could greatly benefit the share holder with a more efficient AI CEO to steer the ship.
Less sexual harassment lawsuits too
AI is currently really bad with business decisions. Like laughably so. There have been several small attempts, say letting an LLM manage a vending machine. I believe they’ve all flopped. Compare to performance in image creation/editing and programming performance (where, on measurables, they do relatively well). When an AI that could run a business OK exists, you should expect to see it happen.
CEO’s are paid so much primarily because the turn to paying them in stocks. This changed because of pay-caps for executives (so to compete for CEOS, companies offered stocks). The idea was that this would align their incentives with the shareholders. Unfortunately, this has lead to a lot of extremely short term company policy by CEOs, spiking stock value to cash out.
Get out of here with your sensible economic logic. The answer is obviously because CEOs and shareholders are catagorically evil, and make all their descisions with the sole intent of making my life miserable.
Two things can be true, that’s all I’m saying.
You would not want to use AI anywhere it matters. Only in places where it does not matter if you get it right the first, second or even the third time, like customer support.
We’re going inception style now, but then ceo would be even more fitting, don’t you think?
Real answer: because the CEO is the figurehead of the company. An AI can do exactly what a CEO can do except actually interacting with people. So the only necessary and “irreplaceable” job of the CEO is to meet with people and get them to make a deal or invest or whatever.
That being said, I don’t think there’s any job an LLM can replace a human for. Human’s aren’t hired as next word predictors. Even the CEO has more to their decision making job than making decisions. Knowing what decisions to make is something the AI can’t do alone.
CEOs are overpaid though. Their jobs aren’t hard and mostly what determines their success is luck.
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.
Because they don’t actually care about “speed” or “efficiency”. All they care about is having all the money. Every decision they make is in service of that goal, including what words they say in public.
What you do with money ? Give it to people so they stop working ? CEOs are needed so people earn enough money to survive but not enough to live or rebel against the system. Just like chickens. You cut chicken wings so they don’t fly away.
You see productivity gains have nothing to do with AI. It’s being pushed down our throats because some elites have vested interest in its success and it’s another way to extract more money from the consumers.
I know. Right? The rich protect the rich. That’s why. They have their own union and you aren’t part of it.
Just set growth to 10%!
i said back when people first started talking about AI replacing workers… if there’s one job that can easily be replaced by AI, it’s a fucking CEO.
Might end up with more humanity in business decisions by replacing the empathy-devoid CEOs currently running things with something trained on a larger sample of people.
Every one of us is utterly replaceable, including the billionaires and multi-billionaires.
For all the status quo that they push for, they don’t actually do anything special.
You could take the average billionaire, strip them of all their worth and hand it over to some millionaire, and basically nothing would change as far as the planet is concerned.
This is not a scenario where we are all NPCs to their game. We are all players, but more to the point, they are as expendable and interchangeable as we are.
For a publicly owned company the CEO is in the role because the Board hired them. The Board wants money but doesn’t have the attention span to run anything themselves so they get a person who can steer the ship in The Market. A bot doesn’t plan, it only reacts. That’s an interim CEO at best but not someone who has to approve budgets, product design/experience, and run the people side of things. Plus a boy hallucination could be devastating and no one would know until it’s too late.
AI just doesn’t have a place.
On top off all that, company culture flows from the top down. Tell me what you think of your company culture, I’ll tell you about your CEO. Also, imagine the sheer disgust of ultimately reporting to AI. People might have a few giggles at first, but moral would crash pretty quickly.
Because they’re the decision makers, why would they remove themselves from that position? Lol
Because we know language models can’t run a business.
They can’t do any of this other shit either. That’s not stopping us from doing it
