CEO's and mid to upper management are about power, not doing things. Why is it so hard for us to understand something that is so simple and so obvious?
Great, with AI management maybe asset owners will finally get a board of directors who represent their interests and not the interests of the board themselves.
But what is power? It's an means to getting things done (albeit not necessarily 'doing them' yourself)
Power is the amount of energy transferred or converted per unit time. Whereas energy is the ability to do work.
Power is the ability to do more work, faster.
That's the engineering definition of power. The sociological definition is the ability of an group or individual to exert control or influence. (Note power in the sociological sense can also be used to prohibit 'work'. E.g., if someone is powerful in Congress, they can stop a bill that would might be more productive in the sense of the engineering definition.)
True - power can go both ways. I think the physics definition still applies to the sociological definition - its essentially the same thing.
My point is that they are very different things. A powerful Congressperson can block an infrastructure bill. That bill would result in a lot of work in the physics definition. The sociological power definition is at odds with the physics power definition; more sociological power can lead to less physical work. In contrast, more physical power leads always to more physical work (or, at least more work per unit of time).
I understand your point, but i would say that his power by blocking that work is work and thus the definition still stands. Pretty much same thing to be honest and i’m just having fun with it but i would say they are quite similar.
I mean it is about power but other things as well. Its crude and inaccurate to simplify it solely to power.
Power and lying to the press, then. Still in AI's wheelhouse.
Thats a touch cynical.
It's been 50 years of full out, balls to the wall capitalist propaganda that CEOs and "business leaders" are the god kings of modernity