This CEO laid off nearly 80% of his staff because they refused to adopt AI fast enough. 2 years later, he says he’d do it again

themachinestops@lemmy.dbzer0.com · 3 days ago

This CEO laid off nearly 80% of his staff because they refused to adopt AI fast enough. 2 years later, he says he’d do it again

rekabis@lemmy.ca · 2 days ago

CEOs are invariably the parasites in virtually any company where they earn more than 10× than their median employee.

Nothing that can be done inside the business can justify compensation like that. Ergo: parasitism of the profits, of siphoning away more and more value that the workers produce just for themselves and those of their fellow parasites.

This CEO laid off nearly 80% of his staff because they refused to adopt AI fast enough. 2 years later, he says he’d do it again

This CEO laid off nearly 80% of his staff because they refused to adopt AI fast enough. 2 years later, he says he’d do it again

This CEO laid off nearly 80% of his staff because they refused to adopt AI fast enough. 2 years later, he says he'd do it again