[iamlucaswolf]

My read is that investing into AI is the trendy thing to do in 2024. No CEO will have to justify pouring money into AI; they would probably be seen as negligent if they don’t. It’s just the zero-risk strategy at this point in time. That’s not to say that there is no value to be realized, it’s more a question of how much value and at what price. If in the next 12-24 months we find out that AGI, robotics and the end of labor is not as imminent as some have hoped and that perhaps not every car dealership needs an AI chat assistant, and the first companies announce reductions in their AI spending, the dominos might begin to fall. Or not, let’s see.

[renegade-otter]

And yet, once the money dries up after chasing another pointless hype, the "visionary" CEO will still keep their job - while starting yet another round of layoffs.

[beachy]

If anything, the post you are responding to explains why CEOs have to think this way, they have no real choice. No one really knows where AI is going, yet staying on the sidelines is not an option.

[renegade-otter]

The job of a CEO is to make sure the company is viable and liquid longterm, communicating their thinking.

"Society made me do it" is not a strategy.