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Step 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 yea
by WWWMMMWWW 2y ago
Step 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.