Executives are salivating at the prospect of AI being able to execute their plans instead of real humans. It is not even about human payroll cost, you can just tell that many higher up executives just complain about how hard it is to steer the ship and get people to work on the right things.
Unfortunately they also don't realize just how much decision-making real people do lower down the org-chart. Critical decisions are often done by the leaf nodes, often without even discussing it internally with the leaf-node team. AI will likely not be very good at this kind of decision making or realize any decision needs to be made at all.