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CEOs dont do work, they bear responsibility. AI cannot bear responsibility, so who is going to take a blame if AI does a very bad job?

by slt2021 2y ago

wmf 2y ago
If CEOGPT does a bad job you can replace it with Claude.
- slt2021 2y ago
  but CEOGPT doesn't care if it retains or loses the job, it may just randomly lead company to failure just because someone messed up temperature parameter when setting it up
  - soist 2y ago
    That's how the free market works. AI CEOs that deliver value to their shareholders will thrive while those that don't won't. Trust in the wisdom of the market and everything will be fine.
    - slt2021 2y ago
      and put lives of employees, customers, vendors, and shareholders at stake?? sounds like a gamble
  - bluefirebrand 2y ago
    > it may just randomly lead company to failure As opposed to sometimes deliberately leading companies to failure by mortgaging the company's future so they can maximize short term profits, including their bonuses, then leaving before it all bursts into flame?
    - slt2021 2y ago
      if CEO is extracting short-term profits, you can be 100% sure it is because Shareholders have demanded him to execute this exact plan. if the company has failed after squeezing short-term profits, there could be a chance that failure was inevitable, and CEO just salvaged and cashed out what was possible and left debtors/employees/suppliers on the hook, while shareholders (CEOs boss) got paid in $$$
bell-cot 2y ago
Real-world - the whole "CEOs bear responsibility" thing went out of fashion decades ago. When the AI screws up - the Board will loudly blame it, then watch as the SecTeam installs a new AI CEO.
- pydry 2y ago
  Meanwhile the CEO's golden parachute deploys, ensuring that the suffering from their mistakes is minimized, unlike the consequences felt by everybody laid off because of them. CEOs are consequence avoidance machines.
  - bell-cot 2y ago
    What? The former CEO is fed to an industrial equipment shredder, under the close supervision of Licensing Auditors from CEOware, Inc.
bitcharmer 2y ago
Could you provide a few examples of CEOs bearing responsibility in practice? And just to be clear: I don't think we should be considering paying yourself an obscenely high exit bonus after you fucked up as "bearing responsibility".
- slt2021 2y ago
  CEOs lose jobs all the time, yes they get to receive golden parachute - but it is a cost of hiring a CEO. Like severance. Same way no good FAANG engineer would sign up without good pay package like base+RSU+bonus - same way no good CEO would sign up for a high risk CEO job without golden parachute. Because it could well be their last job if they fail. or last good CEO job. Imagine having only one shot at working as Engineer and without ability to jump ship because all your actions are public and you are associated with your company success
  - bluefirebrand 2y ago
    > same way no good CEO would sign up for a high risk CEO job without golden parachute This doesn't make sense The golden parachute means that these jobs are not "high risk" at all Oh no you got fired and wound up with a severance package that is big enough that it could set you up for life and you can retire right now? The horror! That's not risk. Someone working a minimum wage job living paycheque to paycheque is taking more risk when they take a sick day than any CEO with a golden parachute contract ever takes in their whole life
  - bitcharmer 2y ago
    Thanks for replying but I think you might be confused a little. There's no comparing a FAANG engineer with a CEO. The former won't be able to live comfortably for the rest of their lives with an engineer's severance package. The latter absolutely can.
    - slt2021 2y ago
      you are confused if you dont understand the reason why CEOs have big severance while engineers have smaller severance
jncfhnb 2y ago
The humans
mdgrech23 2y ago
what fantasy land are you living in? Look at the auto industry, many examples of companies covering up defects which lead to deaths - how many CEOs are in jail? What about the tabacco industry? The company may get fined and please don't try to make some round about argument like that hurts the CEO, even if the company gets fined they're still living in their castles.
- tcmart14 2y ago
  Fined, but yet still posting yearly gains. Fines would only work if it meant being fined would resolve to them having to show stock holders that they experience negative growth because of it. Not saying that is the ultimate solution, but its the only way to do it if people are not gonna go to jail. The fines have to be so massive, the company can't post positive growth.
deeviant 2y ago
I mean, wouldn't it just do what human CEOs do? Namely, lay off an bunch of employees then talk about "difficult headwinds" or some such thing?
Aurornis 2y ago
> CEOs dont do work It takes a very convoluted definition of "work" to be able to say that CEOs aren't doing any work. Being a CEO (a real one of a real company of more than a few people that has real customers) is a huge amount of work.
freejazz 2y ago
>AI cannot bear responsibility, so who is going to take a blame if AI does a very bad job? Didn't seem to be a question any AI proponent asked when they said that AI can do the job of a lawyer. Not that I disagree with you.

CEOs dont do work, they bear responsibility. AI cannot bear responsibility, so who is going to take a blame if AI does a very bad job?

wmf 2y ago

If CEOGPT does a bad job you can replace it with Claude.

slt2021 2y ago
but CEOGPT doesn't care if it retains or loses the job, it may just randomly lead company to failure just because someone messed up temperature parameter when setting it up
- soist 2y ago
  That's how the free market works. AI CEOs that deliver value to their shareholders will thrive while those that don't won't. Trust in the wisdom of the market and everything will be fine.
  - slt2021 2y ago
    and put lives of employees, customers, vendors, and shareholders at stake?? sounds like a gamble
- bluefirebrand 2y ago
  > it may just randomly lead company to failure As opposed to sometimes deliberately leading companies to failure by mortgaging the company's future so they can maximize short term profits, including their bonuses, then leaving before it all bursts into flame?
  - slt2021 2y ago
    if CEO is extracting short-term profits, you can be 100% sure it is because Shareholders have demanded him to execute this exact plan. if the company has failed after squeezing short-term profits, there could be a chance that failure was inevitable, and CEO just salvaged and cashed out what was possible and left debtors/employees/suppliers on the hook, while shareholders (CEOs boss) got paid in $$$

bell-cot 2y ago

Real-world - the whole "CEOs bear responsibility" thing went out of fashion decades ago. When the AI screws up - the Board will loudly blame it, then watch as the SecTeam installs a new AI CEO.

pydry 2y ago
Meanwhile the CEO's golden parachute deploys, ensuring that the suffering from their mistakes is minimized, unlike the consequences felt by everybody laid off because of them. CEOs are consequence avoidance machines.
- bell-cot 2y ago
  What? The former CEO is fed to an industrial equipment shredder, under the close supervision of Licensing Auditors from CEOware, Inc.

bitcharmer 2y ago

Could you provide a few examples of CEOs bearing responsibility in practice? And just to be clear: I don't think we should be considering paying yourself an obscenely high exit bonus after you fucked up as "bearing responsibility".

slt2021 2y ago
CEOs lose jobs all the time, yes they get to receive golden parachute - but it is a cost of hiring a CEO. Like severance. Same way no good FAANG engineer would sign up without good pay package like base+RSU+bonus - same way no good CEO would sign up for a high risk CEO job without golden parachute. Because it could well be their last job if they fail. or last good CEO job. Imagine having only one shot at working as Engineer and without ability to jump ship because all your actions are public and you are associated with your company success
- bluefirebrand 2y ago
  > same way no good CEO would sign up for a high risk CEO job without golden parachute This doesn't make sense The golden parachute means that these jobs are not "high risk" at all Oh no you got fired and wound up with a severance package that is big enough that it could set you up for life and you can retire right now? The horror! That's not risk. Someone working a minimum wage job living paycheque to paycheque is taking more risk when they take a sick day than any CEO with a golden parachute contract ever takes in their whole life
- bitcharmer 2y ago
  Thanks for replying but I think you might be confused a little. There's no comparing a FAANG engineer with a CEO. The former won't be able to live comfortably for the rest of their lives with an engineer's severance package. The latter absolutely can.
  - slt2021 2y ago
    you are confused if you dont understand the reason why CEOs have big severance while engineers have smaller severance

jncfhnb 2y ago

The humans

mdgrech23 2y ago

what fantasy land are you living in? Look at the auto industry, many examples of companies covering up defects which lead to deaths - how many CEOs are in jail? What about the tabacco industry? The company may get fined and please don't try to make some round about argument like that hurts the CEO, even if the company gets fined they're still living in their castles.

tcmart14 2y ago
Fined, but yet still posting yearly gains. Fines would only work if it meant being fined would resolve to them having to show stock holders that they experience negative growth because of it. Not saying that is the ultimate solution, but its the only way to do it if people are not gonna go to jail. The fines have to be so massive, the company can't post positive growth.

deeviant 2y ago

I mean, wouldn't it just do what human CEOs do? Namely, lay off an bunch of employees then talk about "difficult headwinds" or some such thing?

Aurornis 2y ago

> CEOs dont do work It takes a very convoluted definition of "work" to be able to say that CEOs aren't doing any work. Being a CEO (a real one of a real company of more than a few people that has real customers) is a huge amount of work.

freejazz 2y ago

>AI cannot bear responsibility, so who is going to take a blame if AI does a very bad job? Didn't seem to be a question any AI proponent asked when they said that AI can do the job of a lawyer. Not that I disagree with you.