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by 794CD01 3066 days ago
Other companies might balk at it, but I trust Bezos' Amazon to automate away executive jobs if they can find a way to do so effectively.
1 comments

I would never trust a corporation to do anything they're not contractually obligated to do.
Automating executive jobs would increase profit. Trust corporations to maximize shareholder equity, as they are legally obligated to do.
It wouldn't increase compensation for those executives whose jobs are being automated, and it's the executives who control the company.
This is a good point. But it would increase compensation for the remaining executive. Perhaps a middle manager could nix the decision for some time, but someone higher up would benefit.

I think it’s also faulty to think that automated executives means fired old executives. Most likely would be that executives are freed up from rote activities and would then do higher value activities.

Kind of like how Amazon Go didn’t fire a bunch of cashiers, but is a new venture.

Automation results in new jobs on the macro level because it removes the boring parts of jobs.

I think the end game would be to have all of Amazon automated except for Bezos. This is an extreme example and don’t think it would go to this level, but this seems to be Amazon’s model.