Now we see the true business value of AI to a CEO: when you justify a layoff because of AI it makes you seem smarter.
On the same coin, a lot of government can probably be performed by AI as well. Reminds me The Matrix where humanity delegates all governance to AI/machines
The typical CEO of a F500 company makes $17.7 million compensation. That might seem like a lot, but it's only about 0.04% of the average F500 revenue, which is $42 billion.
On the other hand, the average F500 has about 65000 employees and payroll expenses can easily be upwards of $5 billion. About 300 times as much money is spent on employees than on the CEO!