A more interesting “bear case” for AI is that, if you look at the list of industries that leading AIs like GPT-4 are capable of disrupting—and therefore making money off of—the list is lackluster from a return-on-investment perspective, because the industries themselves are not very lucrative. What are AIs of the GPT-4 generation best at? It’s things like:
writing essays or short fictions
digital art
chatting
programming assistance
Why? Why can an AI not replace a CEO? And why has CEO compensation risen, while average worker compensation dropped, all while worker output has increased over the past decades? That seems like simple math, that the money isn't going to who it should be going to and is just going to management and investors because they make the rules
The issue you're speaking about is an issue of oligopoles and giant businesses, not ceos and management. It's a breakdown of economic principles, namely, supply and demand of labor, due to oligopoles.
There are thousands of unproblmatic ceos to every problematic ceo.
You issue is with the top couple hundred businesses. There are literally 100s of thousands of ceos, managers, and leadership individuals who are not part of the problem. Look at the responses here. This group think mob would have you believe every single ceo is Satan.
Just go look up how many businesses there are in America. You can do some rough math based on that, shouldn't be too hard. It's amazing you call me a bootlicker over pretty tame comments that really shouldn't be controversial. You antiwork folk really hate every business owner no matter what, don't ya?
You're a useful idiot for the billionaire class. You'll never earn what they lucked (or were born) into regardless of how hard you try. Wake up, bootlicker.