alt Hacker News>Corporate leaders are starting to question whether soaring AI spending is delivering meaningful returns.
We should start to question whether soaring CEO salary spending is delivering meaningful results.
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About 2 decades ago, there were multiple studies showing that C-level execs who offshored work/production got 18% higher compensation. I'm sure that the same bizjournals are claiming that C-level execs that "embrace" AI are getting similar compensation premiums over anyone who takes a "wait and see" approach. The quantity of AI appearing in bizjournals reminds me of Paul Graham's essay on The Submarine.
All we can really do is point and laugh. Boards don't listen to workers, and I bet most boards will be okay with a little spending oopsie-daisy because it was 'try shit and see if it works out'
We are since at least the 2000s when the world wide web revolution finally made it possible for Google, Apple, Amazon etc... to become the behemoths they are. And maybe even before that.
And the answer is no, because when chief officers succeed it's because of their genius and forward thinking posture, but when they fail it's none of their fault, so they are shielded in an echo chamber that produces such delusions and psychosis.
what a bizarre non sequitur
Ah, that's not how it works : CEOs are rich so they are successful. They are successful so they are rich. Q.E.D.