Some economists are warning there’s no sign of AI-related job displacement appearing in the labor data. Altman claimed it’s just a matter of time until it does.
Same reason why a CEO with a half-arsed strategy they want to enact hires a highly paid management consultancy which by an amazing coincide produces an “analysis” or “study” that “identifies” “problems with the company” and “recommends” that the company executes said half-arsed strategy, and later after it fails miserable, said CEO will blame the consultancy.
Modern publicly traded company CEO’s aren’t hired on actual competence as strategists or top-level organizers, they’re hired on self-aggrandizing skills, personal connections, near-fraudulent misportrayal of their capabilities, or in other words, salesmanship.
Same reason why a CEO with a half-arsed strategy they want to enact hires a highly paid management consultancy which by an amazing coincide produces an “analysis” or “study” that “identifies” “problems with the company” and “recommends” that the company executes said half-arsed strategy, and later after it fails miserable, said CEO will blame the consultancy.
Modern publicly traded company CEO’s aren’t hired on actual competence as strategists or top-level organizers, they’re hired on self-aggrandizing skills, personal connections, near-fraudulent misportrayal of their capabilities, or in other words, salesmanship.