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Microsoft CEO Admits That AI Is Generating Basically No Value
(ca.finance.yahoo.com)
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this post was submitted on 25 Feb 2025
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Technology
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I've said it before, all ceos could be replaced by mascots and it would have no negative effect on the productive capabilities of our society. On the contrary things might actually improve for once in my life
They could certainly be replaced by the LLMs they've dumped billions into. A large chunk of middle management too.
Companies need a well paid fall guy so they can demonstrate the illusion of solving the major problem by letting them retire.
you've left out the most important part: the CEO can make decisions that harm the company but benefit the other higher-ups (e.g. signing a moronic contract with a subcontractor owned by them), and then when they've done that enough that they can't justify keeping them as CEO any longer they can kick them off with a massive golden parachute that gets portioned out to the same higher-ups, then they can repeat the whole thing to keep sucking the corporation dry like a disgusting mosquito.