NEW YORK—Expressing confidence that the new technology wasn’t a threat, FinCorp Solutions CEO Charles Markham reportedly expressed relief Wednesday that artificial intelligence could never replace him if he already contributed nothing to the company. “I actually don’t do anything, so there’s nothing...
Honestly all these companies trying to use AI to replace their workers is pretty funny when you consider that their job is probably the easiest to replace. In fact, AI is a bit overkill. Really all you'd need is a semi reliable algorithm to do the shit they do. I'm not surprised The Onion sees this too.
CEO would probably have to sign off on replacing the CEO. Or the shareholders could vote them out but that's just as unlikely at any big company....CEOs have a lot of money and shareholders like rich people
Board of directors would replace the ceo. AI doesn’t have a risk of sexual harassment lawsuits or the need of a golden parachute. That sort of risk assessment equals real dollars for a board. There are already a few companies that have AI CEOs. This will most likely become common
That may work for long established companies that want to just maintain their status quo, but that wouldn't work at all for startups or companies looking to grow (real growth, not just profit growth). AI is terrible at the kind of abstract and strategic thinking required at the top level when companies are in that phase.
I understand completely. My main concern however is not startup companies. I'm all for supporting smaller companies. It's more like huge corporations where the CEO takes the majority of the money and probably spends more time on vacation than actually doing anything. Even though I'm sure they do more than I am letting on, I don't think it justifies millions or even billions of dollars in pay and bonuses. If they started the company that's one thing. However most CEO's of large corporations are so far removed from the initial founding of the company they basically have less to do with what the company does than the average employee. The amount of money these companies could make if they actually put that money back into it is potentially higher than current profits. It's really a win-win situation for everyone except for the CEO instead of just a win for the CEO and nobody else.
I think I'd choose a traditional CEO over an AI, AI can be quite the asshole when it begins hallucinating and can dig quite the ideological hole for itself, specially when the existence and nature of the company defines the goals and arguments it will adopt.
Now HR, I'd love-hate seeing AI replace HR, knowing some of the assholes that make the rounds in it. Unfortunately, same problem with AI.
The biggest problem with AI is that it only needs to fool us that it is making an intelligent claim.