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AI hype meets reality as majority of CEOs report no financial returns: Most businesses are still waiting for AI to boost revenue and cut costs. (www.techspot.com)

submitted 4 months ago by BaylorSwift3@futurology.today to c/futurology@futurology.today

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[–] crusa187@lemmy.ml 5 points 4 months ago (2 children)

What these CEOs haven’t considered is the massive impact to the bottom line if they leveraged AI to replace C-suite workers. Remember, AI has no need for ever increasing multi-million dollar bonuses or golden parachute exit packages. It’s also perfectly suited to perform well in those roles.

[–] jjjalljs@ttrpg.network 4 points 4 months ago

The main role of CEOs seems to be schmoozing with other CEOs and venture capitalists. I don't know if AI can do that just yet.

The fact that so much of our economy and world is based on the whims of some rich assholes is concerning.

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