At the end of the day it's a battle of competence of who runs your company. Sure you might be able to have PMs deal with the easy stuff for a short while. But

At the end of the day it's a battle of competence of who runs your company. Sure you might be able to have PMs deal with the easy stuff for a short while. But will the company that can hire more competent people pull ahead? Probably. I can tell you one thing: I haven't worked with a PM for like 5 years.