At the top of the “food chain,” there are a millions examples of people “failing up” or just rotating from top job to top job because they got to the top somehow, not because they’re actually good at it. You can see it in the Fortune 500, in sports (coaches that fail badly but then get another top job), an various other places.
Beyond that issue, there’s the fact that there’s been a massively growing wealth gap between CEOs and “common workers.” We have intense wealth inequality rising rapidly in the US and elsewhere, and there seems to be no intention or serious recipe for getting it under control.
Just think of the tens or hundreds of millions of dollars that could be freed up for more productive use. LOL
The CEOs for OpenAI and Anthropic are saying they were wrong, there will not be mass layoffs because of AI.
Ford last year got AI and laid off a lot of better engineers. Ford has no quality last year. The company AI was not checking for quality. The corporation hired 310 senior engineers back and gave them promotions all around. Quality is back at Ford.
AI can not replace human beings regardless of the distopian hyperbole.
Companies that do not cut waste in upper management and middle management eventually become top heavy and suffer productivity losses. They are doomed. AI will not fix that human problem.