Yeah, particularly with CEOs. People don’t understand that in an established company (not a young startup), the primary role of the CEO is to take blame for unpopular decisions and resign or be fired so it would seem like the company is changing course.
Ha I never thought of CEOs this way but now so many things make sense. Especially things being exactly as they were when CEOs change, but with a mountain of meaningless changes that never do any good.
Not that I ever thought they know what they were doing, but now I get what they’re used for.
Yup. It’s kinda my conspiracy theory, but also, it’s really not, it’s like a public secret at this point.
They don’t get these huuuuge golden parachutes for nothing. They get it precisely because they need to take the fall at some point, and if the fall is big enough, they might not even get a new job at a similar level.
It’s a disgusting system, but I’m not trying to absolve CEOs of anything here. They very much know what they’re getting into when they sign contracts for tens of millions per year in total comp, with generous exit packages. I’m just saying that’s why companies won’t replace them with AI, or even just cheaper proven leaders, any time soon, despite the fact that no CEO is worth the amount of money they make, in actual productivity.
For basically everyone at least 9 in 10 people you know are… bless their hearts…not winning a nobel prize any time soon.
My wife works a people-facing job, and I could never do it. Most people don’t understand most things. That’s not to say most people don’t know anything, but there are not a lot of polymaths out and about.
People who think AI will replace X job either don’t understand X job or don’t understand AI.
It’s both.
This is the correct answer.
Yeah, particularly with CEOs. People don’t understand that in an established company (not a young startup), the primary role of the CEO is to take blame for unpopular decisions and resign or be fired so it would seem like the company is changing course.
Ha I never thought of CEOs this way but now so many things make sense. Especially things being exactly as they were when CEOs change, but with a mountain of meaningless changes that never do any good.
Not that I ever thought they know what they were doing, but now I get what they’re used for.
Yup. It’s kinda my conspiracy theory, but also, it’s really not, it’s like a public secret at this point.
They don’t get these huuuuge golden parachutes for nothing. They get it precisely because they need to take the fall at some point, and if the fall is big enough, they might not even get a new job at a similar level.
It’s a disgusting system, but I’m not trying to absolve CEOs of anything here. They very much know what they’re getting into when they sign contracts for tens of millions per year in total comp, with generous exit packages. I’m just saying that’s why companies won’t replace them with AI, or even just cheaper proven leaders, any time soon, despite the fact that no CEO is worth the amount of money they make, in actual productivity.
For basically everyone at least 9 in 10 people you know are… bless their hearts…not winning a nobel prize any time soon.
My wife works a people-facing job, and I could never do it. Most people don’t understand most things. That’s not to say most people don’t know anything, but there are not a lot of polymaths out and about.