How many “executives” does meta need vs trad media companies in the 1900s - 2010. Those companies and by extension the execs that ran them have been entirely re

How many “executives” does meta need vs trad media companies in the 1900s - 2010. Those companies and by extension the execs that ran them have been entirely replaced by automation and AI. That’s just one example. I could name dozens of industries affected in this way. If you want to make a lot of money, look for something that’s really hard that only an “executive” does. Here’s another one: allocating capital. Investing is now increasingly run by ETFs and automated managers, not the corporate raiders of the 80s and 90s. Those people still may have monetary wealth, but not the means of production.