Be friends with the board. Negotiate high pay and benefits (for themselves), and a golden parachute in case things go south (which they do most often). Take credit for things that were going to happen anyways. Blame xyz for things that didn't work out.
These are all impossible tasks for AI. AI can't play golf.
At my previous 50k person company I never talked to anyone within 4 levels of the CEO and thought he was useless. But realistically he probably had a somewhat similar job - talking with the board, talking with politicians, and talking with the CEOs of other companies in the effort to lower costs (tax breaks, partnerships, etc) and generate sales (contracts, partnerships, etc).
> The job of an executive is: to define and enforce culture and values for their whole organization, and to ratify good decisions.
(And that's the whole list! Nowhere do you find set tasks or make decisions)
To me, that means that they're still pretty essential - on both fronts, AI needs values and AI needs a system that can tell whether decisions are good or not.
Well, so do most CEOs.
For example an open-source project could/would still have a BDFL but, the AI-CEO could do the operational busywork while the BDFL is out talking to humans and presenting at PGCon or some other productive thing.
This is not a competitive advantage
Most times it's pretty simple, in my experience. A CEO either runs a business as a (1) Sales focus [best deals and vendors] or (2) Marketing focus [best reputation and trends] or (3) Investor focus [best boardroom friends].
Lots of other opinions are usually thrown out until there's really only one facet used for running the company.
So they need someone to review AI output huh?
If that kind of thing is easy for you (the honest ones or the clandestine ones) then you might make a really strong entrepreneur/business leader.
To be an effective CEO, you have to make judgement calls that the collective can’t always have wisdom and context on, is confidential, or requires fast decision making during which there are interactive discussions or negotiations!
My personal take, somewhere down the line people feel scared of taking responsibility for more than themselves and their family. This limits the ability for most people to take on such ventures. Not everyone falls in the same bucket but a lot of leadership in todays date is about taking the role without responsibility. They happen to be in the role with the help of network affect and somehow that just amplifies.
I believe that the average are average.
I don’t believe what I wrote suggests that. I was attempting to be as neutral as possible.
At least the good ones do.
The answer is to be responsible to the business. The buck stops at the CEO. Therefore, their responsibilities are technically everything in the entire company. And I think many people who have only worked for other people underestimate how valuable that responsibility is.
That is what the CEO is for – to be on the receiving end of beatings and flogging if the business they are at the masthead of effs something up.
Unbounded liability means nobody starts a business, or they do it under the table without responsibility or taxes.
Turns out we want successful private businesses much more than we want to hold a few nasty CEOs accountable.
I deliberately stopped short of invoking golden parachutes and the numerous other escape hatches available at that altitude, as I am perfectly aware they exist. I am equally aware of chief executives who have departed with remarkable agility from organisations they themselves had first steered off the cliff.
My point, however, remains the same: as the letter of the law presently stands, AI can't be made accountable – at least not today.
https://archives.fbi.gov/archives/oklahomacity/press-release...