These same CEOs still don't realize that AI is very suited to replacing executive roles and outperforms your average CEO in every aspect without the human downsides. Shareholders would be way more interested in having a static board of AIs running public companies than replacing lowly workers that frankly will always be relatively cheap.
On the same coin, a lot of government can probably be performed by AI as well. Reminds me The Matrix where humanity delegates all governance to AI/machines
Replacing a CEO would save a lot less money than replacing even a small percentage of workers.
The typical CEO of a F500 company makes $17.7 million compensation. That might seem like a lot, but it's only about 0.04% of the average F500 revenue, which is $42 billion.
On the other hand, the average F500 has about 65000 employees and payroll expenses can easily be upwards of $5 billion. About 300 times as much money is spent on employees than on the CEO!
Why do you think these CEOs do not get that? If you can be replaced by AI and it shows better value/risk I am sure you will be in the job market. As long as AI isn't trusted the cost of a CEO to a company is small compared to scale of the company.
In the Medium article he actually references his only PR-- a typo fix PR-- as a recent MDN contribution and to open source. Some people just have an inflated sense of their contributions.
reply