Hard to believe those lazy employees managed to cost the company so much after being fired. I suppose if I were CEO, I'd allow them to come back to work but only at reduced pay and with the understanding that there will be no more pizza parties and other luxury perks. Workers need to earn those kinds of benefits by achieving record setting profits.
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replace the most expensive employee when??
Wait until they find out it's way easier to replace the CEO with AI...
There is a company called Rocketable that is trying this. Their goal is to have companies that are entirely run by AI with zero human employees, including managers.
No shit. Just let an AI analyze the data and give suggestions to a council of workers who will ultimately decide what to do.
No need for CEOs anymore!
I once received e-mails from Klarna that I suspected to be spam since they mentioned another person. At some point I decided to be brave and open the PDF that was supposedly a credit contract. Turns out the e-mails were indeed legit, just that I had received some Bavarian lady's personal data and details about a coffee table she'd purchased buy now, pay in instalments. I contacted customer support (which was hard enough) and told them there was a mix-up and that I would prefer not to receive someone else's personal details and information about their online shopping habits. They said alright, we'll see to it. A couple weeks later, I received more e-mails. The lady had apparently purchased clothes she couldn't afford to pay in cash. That's when I contacted Klarna again (via letter this time) and demanded for them to tell me what happened and to tell the other person that their data had leaked to me. Turns out that I had once or twice paid with Klarna in the past and they therefore had my mobile phone number from back then. I hadn't had that number for years after switching contracts and getting a new number, but it turns out that the woman in Bavaria had apparently been assigned that number. She used it for her Klarna payments and that's why Klarna sent her data to my e-mail.
Since I consider their incompetence a violation of GDPR laws, I made a complaint with German authorities, who handed the case over to Sweden. It's been two years and I'm still waiting to hear what happens of it. I still get regular "We're still working on it" correspondence from Berlin, though.
"CEOs take huge risks their money is justified!"
The risk they took got a thousand unemployed and some of their families homeless meanwhile CEO lost a potential raise probably.
Probably just got a slightly smaller bonus
I guess the first job AI could replace is that of moronic CEO's as they would make more right by accident than their coked up counterparts.
It should just not be trained on how CEOs behaved in the past
Can't we start training some sort of 'ethical' CEO AI?
One where if shareholders demand more profit by cutting jobs would say that only helps in the short term but would tank the company in the long run?
Either we'd get more ethical companies, or less CEOs would pull this bullshit.
You could implant an ethics chip directly into the brain of a CEO and it wouldn't help.
Capitalism is fundamentally broken, and what it takes to be successful in this system is directly opposed to the benefit of people or this planet.
Just like if you had cancer, the solution wouldn't be to train an AI to prescribe better multi-vitamin pills. You need to treat the cancer.
And with Klarna holding all that uncollateralized debt, I'm not sure how they can afford to lose so much and not collapse entirely.
They are also attempting to hire employees following Uber's on-demand model. AI is used to take more rights away from workers.
Aren’t they Swedish? I hope sweden has some robust workers rights.
Desperately pumping the AI hype machine and hoping for some miracle before that bubble pops and investor's money runs dry.
Is this what memes are now
The word 'meme' lost all meaning long ago.
And I'm still annoyed by it.
I get all my news by meme.