2 ms·
It's not really socialist to say that a massive corporation, that already profits in the billions, doesn't really need to have a CEO that's compensated to the t
by NickC25 2y ago
It's not really socialist to say that a massive corporation, that already profits in the billions, doesn't really need to have a CEO that's compensated to the tune of 10s of millions annually, and also gets a massive stock grant. It's common sense if we want to keep capitalism as we know it from eating itself.
And yes, no new CEO of such an organization will fundamentally grow the company to a large enough degree that small shareholders will see significant gains. It's something we should have an AI do. I've met a few CEOs of massive companies, and the ones that don't really have a product/engineering background are good talkers who happen to know how to delegate really well. They aren't in the hotseat to grow the company, they are there to keep the company going on its current path.