If CEOs legally must do what benefits the shareholders, than cutting millions in employment costs by swapping CEOs with AI is now their legal obligation
Absolutely untrue. The CEO has a fiduciary duty, not a “line always goes up” duty. They are expected to act in the best interests of the company. In other words, they won’t see legal issues unless they pull something in-your-face malicious.
My last CEO announced to the board, two years in a row, that we would purposefully be losing money to build our staff and products. They applauded.
If CEOs legally must do what benefits the shareholders, than cutting millions in employment costs by swapping CEOs with AI is now their legal obligation
(Probably won’t happen, but I can dream!)
Absolutely untrue. The CEO has a fiduciary duty, not a “line always goes up” duty. They are expected to act in the best interests of the company. In other words, they won’t see legal issues unless they pull something in-your-face malicious.
My last CEO announced to the board, two years in a row, that we would purposefully be losing money to build our staff and products. They applauded.
TIL