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193

Will CEOs eventually have to replace themselves with AI to please shareholders? (lemmy.ca)

submitted 1 day ago* (last edited 1 day ago) by Yezzey@lemmy.ca to c/asklemmy@lemmy.world

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If AI ends up running companies better than people, won’t shareholders demand the switch? A board isn’t paying a CEO $20 million a year for tradition, they’re paying for results. If an AI can do the job cheaper and get better returns, investors will force it.

And since corporations are already treated as “people” under the law, replacing a human CEO with an AI isn’t just swapping a worker for a machine, it’s one “person” handing control to another.

That means CEOs would eventually have to replace themselves, not because they want to, but because the system leaves them no choice. And AI would be considered a "person" under the law.

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[–] WildPalmTree@lemmy.world 4 points 10 hours ago

Sadly don't think this is going to happen. A good CEO doesn't make calculated decisions based on facts and judge risk against profit. If he did, he would, at best, be a normal CEO. Who wants that? No, a truly great CEO does exactly what a truly bad CEO does; he takes risks that aren't proportional to the reward (and gets lucky)!

This is the only way to beat the game, just like with investments or roulette. There are no rich great roulette players going by the odds. Only lucky.

Sure, with CEOs, this is on the aggregate. I'm sure there is a genius here and a Renaissance man there... But on the whole, best advice is "get risky and get lucky". Try it out. I highly recommend it. No one remembers a loser. And the story continues.