CEO's at least in the USA have multiple legal obligations under federal law. Can legal obligations be delegated legally to automation? Has this been tested yet, specific to legal obligations related to the board? Any corporate lawyers wish to chime in?
The entire job is almost entirely human to human tasks: the salesmanship of selling a vision, networking within and without the company, leading the first and second line executives, collaborating with the board, etc.
What are people thinking CEOs do all day? The "work" work is done by their subordinates. Their job is basically nothing but social finesse.
If you’ve ever taken a sales or business or networking course, and seen the people that take the advice literally and act like creepy wooden weirdos, you know why. Business “skill” is intangible, partially luck obviously but partially “game” that you can’t just systematize. It’s the same reason you can’t automate sales. An AI ceo would just be the composite of all the lame business advice you find on the internet - like a lot of wannabe CEOs that also don’t succeed.
You might as well ask why people don’t use AI pickup coaches.
> If you’ve ever taken a sales or business or networking course, and seen the people that take the advice literally and act like creepy wooden weirdos, you know why. Business “skill” is intangible, partially luck obviously but partially “game” that you can’t just systematize.
It's really only 3 things:
- Empathy
- Intelligence
- Sociopathy
The reason there are so few people good at it (high-level sales, high-level business management) is that those qualities rarely coincide in a single individual in a useable way.
Empathy is required because you cannot communicate with someone without understanding their individual perspective. Otherwise you end up with {generic response}.
Intelligence is being able to know what to do with the signals empathy picks up. Doesn't matter if you see opportunity if you can't come up with a creative solution to take advantage of it.
And finally, sociopathy is common, but rarely balanced out by the other two to the right degree. Definitely a knowing-when vs when-not issue. But critical as novel solutions look a lot like batshit-crazy ones to everyone else.
Should have (2023) in the title. This is an old post.
Also, I think it misses the critical point. C-suite executives operate under immense pressure to deliver abstract business outcomes, but the lack of clear, immediate feedback loops and well-defined success metrics makes their roles resistant to automation. AI needs concrete reward functions that executive decision-making simply doesn't provide.
The article might be a modest proposal [1], but sooner or later we're going to have to answer questions like these.
An even more interesting one is: What will we reward?
We've been rewarding labor quantity, as well as quality via higher wages - as motivation and as incentives for more education. This reflected the productivity primacy of knowledge work in modern economies, but that might not be the case down the road.
We've also been rewarding capital. Originally this was a way for the elites to keep themselves in place (a.k.a. economic rents), but in modern times it's been more of an entrepreneurial incentive (a.k.a. economic profits.)
Without the economic profit rationale, there's no reason to reward capital accumulation. Only pro-profit decisions are good for society, pro-rent decisions are awful. If there's no profit to incentivize, capitalism is just bad all around.
If AI becomes a better profit decision-maker than an entrepreneur, any humans left in the loop are nothing but high-rollers gambling with everyone else's money.
Maybe first get the automated vending machines to work properly, and then revisit this question to find what tasks that allows to be peeled away from the role?
I don't even think we need ChatGPT or anything for this. Instead, just create an n8n job that runs nightly that sends a company-wide email that says "we are continuing to strive to implement AI into our application". Maybe add a thing talking about how share price going down is actually a blessing in disguise, depending on how the market is doing, obviously.
Don't steal this idea it's mine I'm going to sell it for a million dollars.
The people in this thread coming to the defense of their CEOs sound like Tom Smykowski in Office Space desperately trying to save his job:
“I already told you: I deal with the god damn customers so the engineers don't have to. I have people skills; I am good at dealing with people.”
I was a CEO for thirteen years. For the hard CEO skills, AI is perfectly suited for the job; even more than it would be for specialist roles.
For the soft CEO skills, not so much.
Not that that's a deal-breaker. I have a vision of an AI CEO couched as a "strategic thought partner," which the wet-CEO just puppets to grease the skids of acceptance among the employees.
I'd fully trust an AI CEO's decision making, for a predictable business, at least. But some CEOs get paid a lot (deservedly so) because they can make the right decisions in the thick fog of war. Hard to get an AI to make the right decision on something that wasn't in the training corpus.
Still, business strategy isn't as complex as picking winners in the stock market.
If you've ever worked at a company that's a chaotic shitshow, you'll know how strong the effect of the CEO is - it always comes down to the guy at the top not being up to it.
The leverage of the role is enormous, and the strength of someone who can carry out this role well for a large company is sky high - not many such people in the world, and they only need one.
So the math all comes out very straightforward: even at obscene looking salaries, they're still a bargain.
Love the idea, but whence the training data? Not as readily available as billions of jpegs, lines of code, and audio files. Any clever ideas to source it?
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[ 3.4 ms ] story [ 114 ms ] threadCould be good, but could also be bad if it turns out the AI is able to be even more ruthless in how it treats its workforce.
The good news is that it doesn't need to be very accurate in order to beat the performance of most execs anyways.
Because building psychopathic AI's is - at the moment - still frowned upon.
The entire job is almost entirely human to human tasks: the salesmanship of selling a vision, networking within and without the company, leading the first and second line executives, collaborating with the board, etc.
What are people thinking CEOs do all day? The "work" work is done by their subordinates. Their job is basically nothing but social finesse.
You might as well ask why people don’t use AI pickup coaches.
It's really only 3 things:
The reason there are so few people good at it (high-level sales, high-level business management) is that those qualities rarely coincide in a single individual in a useable way.Empathy is required because you cannot communicate with someone without understanding their individual perspective. Otherwise you end up with {generic response}.
Intelligence is being able to know what to do with the signals empathy picks up. Doesn't matter if you see opportunity if you can't come up with a creative solution to take advantage of it.
And finally, sociopathy is common, but rarely balanced out by the other two to the right degree. Definitely a knowing-when vs when-not issue. But critical as novel solutions look a lot like batshit-crazy ones to everyone else.
Also, I think it misses the critical point. C-suite executives operate under immense pressure to deliver abstract business outcomes, but the lack of clear, immediate feedback loops and well-defined success metrics makes their roles resistant to automation. AI needs concrete reward functions that executive decision-making simply doesn't provide.
An even more interesting one is: What will we reward?
We've been rewarding labor quantity, as well as quality via higher wages - as motivation and as incentives for more education. This reflected the productivity primacy of knowledge work in modern economies, but that might not be the case down the road.
We've also been rewarding capital. Originally this was a way for the elites to keep themselves in place (a.k.a. economic rents), but in modern times it's been more of an entrepreneurial incentive (a.k.a. economic profits.)
Without the economic profit rationale, there's no reason to reward capital accumulation. Only pro-profit decisions are good for society, pro-rent decisions are awful. If there's no profit to incentivize, capitalism is just bad all around.
If AI becomes a better profit decision-maker than an entrepreneur, any humans left in the loop are nothing but high-rollers gambling with everyone else's money.
[1] https://en.wikipedia.org/wiki/A_Modest_Proposal
Don't steal this idea it's mine I'm going to sell it for a million dollars.
https://youtube.com/watch?v=hNuu9CpdjIo
For the soft CEO skills, not so much.
Not that that's a deal-breaker. I have a vision of an AI CEO couched as a "strategic thought partner," which the wet-CEO just puppets to grease the skids of acceptance among the employees.
I'd fully trust an AI CEO's decision making, for a predictable business, at least. But some CEOs get paid a lot (deservedly so) because they can make the right decisions in the thick fog of war. Hard to get an AI to make the right decision on something that wasn't in the training corpus.
Still, business strategy isn't as complex as picking winners in the stock market.
If you've ever worked at a company that's a chaotic shitshow, you'll know how strong the effect of the CEO is - it always comes down to the guy at the top not being up to it.
The leverage of the role is enormous, and the strength of someone who can carry out this role well for a large company is sky high - not many such people in the world, and they only need one.
So the math all comes out very straightforward: even at obscene looking salaries, they're still a bargain.