Workers ultimately have a job because they are useful to management, and management have a job because they are useful to ownership. Top management has insane levels of compensation as a strategy by ownership to alight management's interests with their own, by turning them into owners. If there is going to be a management layer at all, for example the proposed "A-suite", then their compensation will balloon for exactly the same reasons.
CxO salary isn't the market clearing price for the labor these people perform, it's more like power-leveling your friends in an RPG so that they can quest with you. Owners want their managers' interests to be with capital, so they have to give them some.
josefritzishere 1 minutes ago [-]
I'm not seeing a scenario where a CEO decides to replace themself. But if this is trolling, I fully support that.
louwrentius 6 minutes ago [-]
I agree, fire the CEO. But I have a slightly different take that doesn't involve AI. What if we indeed get rid of the entire C-suite?
Even better still: why are companies and orgs hierarchical? Why is there always a - for lack of a better word - dictator in charge? AI CEO is still an AI dictator.
We are permitted to vote, but democracy in everyday life, that's a bridge too far, chaos, riots in the streets, cats and dogs living together.
Maybe there are too many 'temporary embarrassed billionaires' here on HN, but you have more in common with the average bum in the street than any of 'that' class.
It's time that we as a people extend democracy towards the workplace and operate like a cooperation, working on the base of consensus. This is not a new idea, but it won't give you a chance to become a billionaire, and that's exactly the point.
bshepard 1 minutes ago [-]
It would be worth thinking harder before moralizing.
cmeacham98 5 minutes ago [-]
What you're describing is called a "worker cooperative" and they are somewhat rare but do exist already in real life.
CxO salary isn't the market clearing price for the labor these people perform, it's more like power-leveling your friends in an RPG so that they can quest with you. Owners want their managers' interests to be with capital, so they have to give them some.
Even better still: why are companies and orgs hierarchical? Why is there always a - for lack of a better word - dictator in charge? AI CEO is still an AI dictator.
We are permitted to vote, but democracy in everyday life, that's a bridge too far, chaos, riots in the streets, cats and dogs living together.
Maybe there are too many 'temporary embarrassed billionaires' here on HN, but you have more in common with the average bum in the street than any of 'that' class.
It's time that we as a people extend democracy towards the workplace and operate like a cooperation, working on the base of consensus. This is not a new idea, but it won't give you a chance to become a billionaire, and that's exactly the point.
or https://en.wikipedia.org/wiki/Igalia