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