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[-] Fedizen@lemmy.world 8 points 5 months ago

this is true because there's only like two playbooks for bean counter CEOs destroying the world:

A) Enshittify.exe: Fire, Sell, Merge, Union Bust

B) Vulture Capital.exe: Sell assets to ownership portfolio and make business collapse under rental costs.

Like an actual CEO that understands a product and makes good faith effort to ensure both employees and customers are well served is rare and is bad at short term profits (aka discouraged by stock market). This kind of CEO is not replaceable by AI but is highly discouraged by market incentives.

this post was submitted on 03 Jun 2024
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