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How much of this are the CEOs being rewarded for trimming down the workforce and replacing them with AI. Maybe their service/product will turn to shit but that’
by pupppet 1y ago
How much of this are the CEOs being rewarded for trimming down the workforce and replacing them with AI. Maybe their service/product will turn to shit but that’s the next CEO’s problem.
- diggan 1y ago> How much of this are the CEOs being rewarded Of the examples is the CEO of Starbucks, unless they started having robots as baristas, I feel like there are parts of the workforce they cannot just "replace with AI", compared to many technology companies.
- throwaway290 1y agohttps://www.theguardian.com/business/2025/feb/24/starbucks-corporate-employee-lay-offs https://www.theguardian.com/business/2025/feb/24/starbucks-c... Baristas are fine as you said but yes starbucks is firing 1 in 10 office workers this year. The LLMs trained on our work are replacing us while the ppl up top get higher pay, all is right with the world.
- bix6 1y agoAre they not going to do exactly that? I’ve seen robot baristas so surely it will come to Starbucks nationwide within the next few years?
- l1tany11 1y agoThe Starbucks example to me is a bad example, and seems very cherry picked. They mention the one time stock bonuses he got, most likely part of his recruitment. He’s a highly sought after fast food executive. They also got him to work in Seattle. Last time he switched companies (Taco Bell to Chipotle) they moved their headquarters to him in Newport Beach. Chipotle moved their headquarters from Colorado to California, and their stock went up ~5x during his tenure. That’s probably why he got a huge signing bonus. And Chipotle wasn’t paying him peanuts either, apparently he made $38M one year and was averaging around $20M. He stated his plan with Starbucks is focused on “theater” and in person service. Doesn’t sound like coffee bot to me.
- therealpygon 1y agoWe’re in a cutting cycle. Today the CEOs will be rewarded for “trimming the fat” and outsourcing everything or replacing as many workers as they c can, which will result in disarray but that CEO will have left before then. Tomorrow another will be rewarded for half-fixing all those terrible decisions before the cycle repeats. It’s simply a way to drive down wages and increase profits. Every time the “recovery” cycle happens, less jobs are added and wages are the same or lower, either literally or because the job has been expanded with 2x the expectations.