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There's also AI's dark secret coming out -> it's very expensive to run. But it's still WAY cheaper than upper management salaries, so, to employ classic MBA lo
by WWWMMMWWW 2y ago
There's also AI's dark secret coming out -> it's very expensive to run.
But it's still WAY cheaper than upper management salaries, so, to employ classic MBA logic, they are the optimal staff to replace so as to maximize cost savings.
- Voultapher 2y agoColor me skeptical. The people making these decisions are not gonna cut their own jobs first, even if that made the most sense.
- Jensson 2y agoStock owners are making decisions around the CEO role, not the CEO.
- WWWMMMWWW 2y agoStep 1: the C-Suite sells out middle management in return for a bigger year end bonus. Step 2: the CEO sells out the rest of the C-Suite for an even bigger year end bonus. Step 3: the shareholders replace the CEO, promoting one of his now AI automated fellow C-suite, to maximize shareholder profit. It's corporate hunger games ... just without winners.
- paulryanrogers 2y agoCan't boards protect CEO's? Boards are usually made up of other CEO's or their FFF's anyway. Isn't that why was it so important that Altman purge the OpenAI board? Or can shareholders bypass the board?
- Jensson 2y ago> Isn't that why was it so important that Altman purge the OpenAI board? OpenAI doesn't answer to shareholders since it is a non-profit. > Or can shareholders bypass the board? Shareholders can replace the board with a AI friendly board. If such boards are popular they wont be hard to find, and then board members would rather replace the CEO than get replaced themselves.
- TheNewsIsHere 2y agoWe’re already starting to see cracks in the foundations in some places in terms of GPU VM availability at hyperscalers. I know someone dealing with an open-ended Nvidia shortage at $MajorCloudVendor that doesn’t seem to have an anticipated end date. You can easily spend at least as much on AI per month as on a C-level officer.
- WWWMMMWWW 2y agoSoooo ... We'll have to start by replacing the CEOs and work our way down as AI costs drop?
- paulryanrogers 2y agoThe number one axiom of MBA logic is climb as high on the pyramid as possible, always be the one at the top. It's right in the name: to be a master of business administration. So to be replaced by anyone or anything else would be to lose the only thing that matters: power.