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VCs fund companies. For them, employee compensation is a cost against their profits. In tech, this is the largest cost by far. The owners of capital deeply deep
by UncleMeat 1y ago
VCs fund companies. For them, employee compensation is a cost against their profits. In tech, this is the largest cost by far. The owners of capital deeply deeply deeply want a future where they can earn their billions without paying the rabble anything. AI is selling this idea to them.
- rickydroll 1y agoand the rabble deeply wants a future where CEOs are deprived of billions because AI has taken their job. Hey, who wants to start a project for CEO.ai?
- UncleMeat 1y agoUnfortunately, it isn't actually about being able to replace somebody from a technical perspective. CEOs are picked by capital and selected from amongst capital. An effective "CEO.ai" wouldn't be used for all the same reasons that an ineffective "Employee.ai" will be used.