Gyroscopic Investing

CEOs are hugely expensive...why not automate them?

https://www.newstatesman.com/business ... ate-them

If it gives them the competitive advantage then they will for sure. Sounds kind of scary. Like a terminator movie where AI has become all of our bosses. We all do as we are commanded by the AI out of fear of losing our jobs.


In topic of high pay though.

Imagine you are the sole owner of this super valuable business.

Now think about how much you would be willing to pay the person that has the the decision making skills to keep your business performing.


It would be a lot but also small percentage of the value of your business.

whatchamacallit wrote: ↑Mon Apr 26, 2021 6:36 pm If it gives them the competitive advantage then they will for sure. Sounds kind of scary. Like a terminator movie where AI has become all of our bosses. We all do as we are commanded by the AI out of fear of losing our jobs.

I highly recommend reading (at least the start of) Manna, a 2003 book about this very topic. Entire text here:
https://marshallbrain.com/manna

Xan wrote: ↑Mon Apr 26, 2021 8:58 pm

whatchamacallit wrote: ↑Mon Apr 26, 2021 6:36 pm If it gives them the competitive advantage then they will for sure. Sounds kind of scary. Like a terminator movie where AI has become all of our bosses. We all do as we are commanded by the AI out of fear of losing our jobs.

I highly recommend reading (at least the start of) Manna, a 2003 book about this very topic. Entire text here:
https://marshallbrain.com/manna

Downright terrifying.