It's the opposite. An LLM is better at CEO stuff than working code. A good developer + LLM instead of CEO can succeed. A good CEO + LLM instead of developer cannot succeed. (For a tech company)
Is that a fact? I mean, see the linked article; even the company whose whole business model lies in convincing people that that _is_ a fact is kinda saying “yeah, perhaps not”, with vague promises of jam tomorrow.