Since they almost never take the blame or suffer any consequences, most of them are not doing even that “job”. They’re parasites on the work of others.
I am convinced AI could replace CEO’s very easily. Making decisions based on trends and lots of data is an easy use case. And if it’s the wrong decision who cares? CEO’s also don’t take and responsibility at all. AI is also a very good lair too.
They’ve drunk their own coolaid. They actually believe their own bullshit. They’ve offloaded what little thinking they used to do onto LLMs. They have them manage their schedules, summarise their emails, write their emails and speeches, and make every single decision for them.
They’re brain-dead computer operated zombies.
The problem is that they keep getting paid absurd amounts of money for being completely useless (and that they’ve always been so useless that no one can tell the difference).
I can’t help but picture the business card scene from American Psycho, but they’re comparing the “AI” assistants they use instead of their cards.
I just wrote elsewhere in this thread but to repeat myself: I think the real job of a CEO is to schmooze with other CEOs and rich idiots. They get funding. Everything else is pretty much a liability, and would be better handled by someone with relevant expertise.
So the board members could replace the CEOs with AI if they desired. I guess their saving grace is it would be hard to extort, blackmail and coerce AI.
I don’t think the board wants to do that, because the board is composed of CEOs and friends of CEOs. The rich have class solidarity. They’re not going to fuck each other over like that.
Directors looking to understand and address the exodus can look first to a number of drivers, including the tremendous pressure today’s leaders face contending with volatility and unprecedented change in an unforgiving market. Focus on short-term performance, geopolitical turbulence and talent concerns have all escalated in recent years. When the headwinds hit, CEOs find themselves squarely in the firing line, as Bill George, former CEO of Medtronic and a former board member at Goldman Sachs, ExxonMobil, Novartis and Target, points out in this issues’s cover story (see p. 16). “I know one case where a CEO was given 16 months,” he says. “How can you possibly turn around a culture in 16 months? They’re reacting too quickly to external forces, and that’s not right.”
Would AI be better CEO’s? They would cost a lot less and probably make better decisions. Just saying.
A CEO’s main job is to spout bullshit, which is also AI’s particular talent.
So, yes?
an ai is also often wrong but confidently says they’re not wrong so that sounds perfect for ceos too
A CEOs main job is to be the fall guy when the company goes fubar.
Except that never happens. They get millions and then go bankrupt some other company.
Exactly their job. Their job is to take the blame. In exchange, they get millions to move on to someone else.
Since they almost never take the blame or suffer any consequences, most of them are not doing even that “job”. They’re parasites on the work of others.
I am convinced AI could replace CEO’s very easily. Making decisions based on trends and lots of data is an easy use case. And if it’s the wrong decision who cares? CEO’s also don’t take and responsibility at all. AI is also a very good lair too.
It already has.
They’ve drunk their own coolaid. They actually believe their own bullshit. They’ve offloaded what little thinking they used to do onto LLMs. They have them manage their schedules, summarise their emails, write their emails and speeches, and make every single decision for them.
They’re brain-dead computer operated zombies.
The problem is that they keep getting paid absurd amounts of money for being completely useless (and that they’ve always been so useless that no one can tell the difference).
I can’t help but picture the business card scene from American Psycho, but they’re comparing the “AI” assistants they use instead of their cards.
A magic 8 ball would be a better CEO. LLMs could probably pull it off fine.
I just wrote elsewhere in this thread but to repeat myself: I think the real job of a CEO is to schmooze with other CEOs and rich idiots. They get funding. Everything else is pretty much a liability, and would be better handled by someone with relevant expertise.
So the board members could replace the CEOs with AI if they desired. I guess their saving grace is it would be hard to extort, blackmail and coerce AI.
I don’t think the board wants to do that, because the board is composed of CEOs and friends of CEOs. The rich have class solidarity. They’re not going to fuck each other over like that.
Understanding The Rise In CEO Exits
https://boardmember.com/understanding-the-rise-in-ceo-exits/
Company I worked at went through 5 CTOs in 4 years. 5.