Tech CEOs have this wet dream where they just speak into a microphone, “Create my product” and employees will no longer be needed. So… if it becomes that easy, why will Wall Street need tech CEOs?
What CEOs never seem to grasp in that context is that they wouldn’t just replace their workers with AI but also their customers… AI doesn’t earn a wage and therefore can’t spend it on (unnecessary) goods… No customer, no revenue. No revenue, no profits. No profit, no dividends.
Probably why they’re working so hard on commoditizing basic necessities like food, water and housing into subscription based systems… 🤔
Exactly. Everything needs to be peak consumerism, or else their model of “line on the graph infinitely goes up” shatters. It’s a Brave New World dystopia.
Just reread Brave New World, and you’re spot on. I forgot how consumerism underpinned everything in their society.
It was like a tightly regulated market but in the worst way.
You’re talking about next quarter problems. Those aren’t mine. I will be gone by then.
- Every capitalist ever
Add UBI, boom communism.
Nah. We would have to add patriot dollars that can be spent on freedom necessities, instead. We don’t tolerate communism.
Was talking to an executive at my company the other week. He sincerely seemed to believe the “executive insight” was one of the very few jobs at the company that couldn’t be done by an LLM. He predicted that he would probably lay off almost everyone under him by end of 2026 and just feed his amazing leadership ideas directly to an LLM to make happen.
Particularly a bit obnoxious as my usual experience about this guy is being called into customer meetings after he would meet with them. Usually the customer assumes we are a bunch of out if touch idiots if that is a “leader” in the company, and I’m one of the guys sales calls to have me reassure clients that they don’t have to take anything he says too seriously, and we do actually have some competence.
Because it’s not about productivity. It’s about separating people into owners and toilers.
I also have to keep remembering what someone else online said, “They’re no longer selling their product. They’re selling their stocks.”
CEOs get paid to do what makes the most money.
The CEOs that will replace their own jobs want the payout of doing so, and don’t care what happens after because they’re rich.
Honestly, with adequate governance, companies would be required to submit reports on how much labor they’re doing using AI, and pay those wages to either their employees or to a sort of “Universal Income” fund to prop up families in poverty. It should be called the AI tax.
The problem is that, with the current state of affairs, asking for regulation from anyone is impossible, and also even if the law were enacted, getting the money from the companies to people who need it instead of the ultra-rich is a major hurdle.
But at the very least, I don’t think we should allow companies to simply cut down on human labor without also contributing economically to the employees they cut off.
I don’t think anyone is dying to fill in Excel spreadsheets or to write corporate emails. No one is complaining about AI doing those jobs, but about people who lost their livelihoods because of it.
We should’ve had that 50 years ago as an “automation tax” and 100 years ago as a “machine tax.”
All this tooling is just dead labour value that is used (by workers) to extract more and more value from workers and nature. We’ve been being robbed for hundreds of years.
They’re talking about replacing all their workers. The owners will still be ghouls.
Most of the rhetoric we see from businesses and news stations is for the ruling class, not us.
Who do you think is telling the CEO’s to go full steam ahead on ai? The company I work for openly mocked ai…and then the stock price dropped. The investors said it was because they weren’t investing in ai. Even CEO’s, overpaid clowns though they may be, report to wall st.
CEOs are the easiest to replace with ai. And all you need to do is have it commit sexual harassment every once in an awhile and it will be a perfect replacement.
Hey thats not true. You’d also have to feed them a prompt about how they can space out enacting a fucking idiotic idea over 6 meetings.
Claude can already do that.
He who has the gold makes the rules.
So they’ll keep their jobs. Until the AI decides to get rid of them, too, but they’ll have some CEO hunger games for those who want to be on the AI BOD. Under the control of the AI, of course.
Edit: CEO games like Robocop’s ED-209
If AI shows that the business will be more profitable without a human CEO, the owners will literally just ignore it.
Exactly. I’m sure countless accountants have pointed to that line item before and somehow we still have a CEOs.
People who are so wowed by the incredible generative output of LLMs and can’t wait for them to fix things need to realise this technology is not for them.
Like all nee tech it may cause a slight shakeup in the beginning allowing for a little upward mobility, but eventually big business folds around it until it only works for the owners.
We’ll all just be working more for less, unless something actually changes.
Read “The Big Short”. Wallstreet doesn’t need CEOs.
Because they’re mostly brain-dead idiots
It’s a race to the bottom.
It doesn’t matter if they think they’ll be replaced or not, they feel like if they don’t do it then they can’t compete and they’ll be out of the job even sooner.
Doesn’t matter if their belief is well founded.
just because no one needs billionaires doesn’t mean we will stop having them
ai can’t make tamales. beat that mr tech
have they not seen idiocracy, the AI end up the ones controlling society, making decisions.
