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A comment on If A.I. Can Do Your Job, Maybe It Can Also Replace Your CEO. Parent comment

Re:If A.I. Can Do Your Job, Maybe It Can Also Replace Your CEO by bluefirebrand on Wednesday May 29, 2024 @01:07PM (#40514297)
> it may just randomly lead company to failure

As opposed to sometimes deliberately leading companies to failure by mortgaging the company's future so they can maximize short term profits, including their bonuses, then leaving before it all bursts into flame?

[ Parent | on HN ]
Re:If A.I. Can Do Your Job, Maybe It Can Also Replace Your CEO by slt2021 on Wednesday May 29, 2024 @01:52PM (#40514731)
if CEO is extracting short-term profits, you can be 100% sure it is because Shareholders have demanded him to execute this exact plan.

if the company has failed after squeezing short-term profits, there could be a chance that failure was inevitable, and CEO just salvaged and cashed out what was possible and left debtors/employees/suppliers on the hook, while shareholders (CEOs boss) got paid in $$$

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