New Parody Site Threatens to Replace CEOs With AI for Tiny Fraction of Their Bloated Salaries

I don’t know why this needs to be a joke. Assuming the rest of the company is minimally competent and the middle managers can write clear executive documents an LLM will probably beat the average CEO just by virtue of not having moods. The only downside is that LLMs can’t do in person “social networking” yet.

All true. To your question, however: until software can be named as a legal fiduciary, CEOs can only be functionally replaced. That is, a real person who can be summoned by a court has to take responsibility for whatever shit the LLM gets the company into.

E: way more replies than I’m used to, most re: same issue, so I’m clarifying here.

Preface: totally not my area, IANAL.

To clarify, I specifically meant CEOs can be named in a lawsuit by the shareholders for failure in fiduciary capacity. I didn’t mean a summons to answer for the sins of the corporation. TLDR: math models can’t be sued.

(But if I’m wrong I’m wrong.)

Companies are legally people, þanks to Citizens United. Have þe AI defend itself in court for testimony, but punish þe company.