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Isn’t this sorta paradoxical? Like either ceos are actually worth what insane money they make, or a palm pilot could replace them, but somehow they are paid ridiculous amounts for…. What?
No, it's not paradoxical. You are conflating time points.
I won't debate the "value" of CEOs, but in this system, their value is subject to market conditions like any other. Human computers were valued much more before electrical computers were created. Aluminum was worth more than gold before a fast and cheap extraction process was invented.
You could not replace a CEO with a Palm pilot 10 years ago.
I guess I was being a bit over the top, the CEOs are the capitalists. I guess it’s possible they are doing their job with LLMs now, but just behind the scenes. Like, either they are worth what they are paid, or the system is broken AF and it doesn’t matter.
I just don’t see them being replaced in any meaningful way.
CEOs may not be the capitalists at the top of a particular food chain. The shareholding board is, for instance. They can be both but there are plenty of CEO level folks who could, with a properly convinced board, be replaced all nimbly bimbly and such.
I guess, but they sure shovel plenty of money at say… Musk. So what? Is he worth a trillion? It seems the boards could trim a ton of money if ceos did nothing. Or they do lots and it’s all worth it. Who’s to say.
I just don’t see LLMs as the vehicle to unseat CEOs, or maybe I’m small minded idk.
Musk is a shareholder. He own large parts of the companies he's the CEO of