Correct, but often the actions of CEOs are performative and don't actually support the goal of bringing money in. They like to put on a show of being ruthless, and often behave more psychopathic than an "optimal" business AI would.
For example, it's been proven that employee retention is one of the #1 ways to boost productivity. Costco is one of the few companies with a CEO which truly believes in this and despite paying higher wages than any other grocer they are one of the top performers in my investment portfolio.
Remote work? Totally profitable and AI would maximize it instead of forcing workers back to the office to "put them in their place"
4-day week? Also proven to be a net gain as workers are rested and motivated.
A "cold and calculating" AI would be far more likely to make reforms that benefit both the company and the employees, as it isn't motivated by power structures or the need to look ruthless. Cutting pay is a losing move as it loses talent more than it saves money, and deep learning algorithms would realize this easily.
Also the "person who owns the AI" would actually be the shareholders, who are often ordinary investors. Rather than funneling money to bloated C-suites, the money would be more likely to circulate in the economy through dividends.
No pressure required… Being useful is what I am and what I’ve always been. I’m a farmer and tradesman and almost completely self-sufficient in a rural area, so it’s rare that I even sit down. Everything I have I’ve built or repaired myself. If I do sit down it’s usually because I’m learning new skills or knowledge, or sharing mine with others.
I try to have a surplus of everything so I can give it away to people who need it, I’ll fix appliances or vehicles or infrastructure for anyone who needs the help. If I’m truly bored I’ll go down to the dump and pick through the steel pile for something I can fix up or use for materials.
I’ll admit straight up that I don’t think much of a man if he isn’t useful in some way. Men evolved to be strong and driven so that we can build and support others, IMO. Personally I don’t associate with useless people of either gender, I don’t have time for them. Better pitch in if you want to be a part of the community where I live.
Employees Who Stay In Companies Longer Than Two Years Get Paid 50% Less ( www.forbes.com )
[DISCUSSION] Weekly Discussion Wednesday - Do you feel pressured to be a useful man?
This week’s prompt is: Do you feel pressured to be a useful man?...