And when computers make all management decisions, let us not forget that managers told them to do so, lest we forget whom to hold accountable.
You know shit only flows downhill right?
I think what they meant is nobody in management cares if someone wants to hold them accountable
Bit it’s a nice picture, yeah
Managers aren’t being held accountable for their management decisions either.
“Oh, I sacked our entire workforce and sold all the company assets, so the figures will look amazing this month.”
<one month later>
“Oh, the figures are down this month, a golden handshake!? Thank you very much.”
Most industries management fails upward. Definitely true in Pharma.
There are CEOs with a 20 year string of development failures, but they bring “vast experience”.
It depends, though.
There are cases where parts of a struggling company is worth less than the sum of its parts. At that point, the fiscally prudent option is to sell it off, either in one piece or multiple pieces. There are plenty of cases in American corporate history where the best option is to cut losses and leave a market.
That being said, I’m surprised that private equity is still allowed to be a thing given the massive disparity shown in how a lot of financial disparity in how a lot of private equity companies run their companies against their fiduciary responsibilities to their companies’ stockholders and bondholders.
Ah, from back when people still had critical thinking faculties in good working order.
Reminds me of Woz’s old saying “Never trust a computer you can’t throw out a window.”
That became easier with phones huh.
Yes, really easy to throw cloud out the window
With clouds it’s easy, they are already outside the windows.
I don’t know, the smallest computer I have in operation is the sketchiest one.
Executives today:
This means if we put AI somewhere in our decision making, we can no longer be held accountable.
Isn’t that exactly why they do use them for management decisions?
Yup!
“I’m sorry but your contact is terminated because our management software designated your position as redundant and unnecessary. It wasn’t our decision to let you go, but it was our decision to begin using that software and it was our decision to program it to try to fire as many employees as possible, but it’s not our decision and therefore we can’t be held responsible. Goodbye.”
The same argument for cartels. “We didn’t all increase our prices to the exact same amount, we just paid a consulting company to tell us which price we should use. Of course our competitors used the exact same company, but that’s just a coincidence”.
Since when are managers held accountable? Is this new?
You know “accountability”, it’s when an executive fucks up and gets to retire early with a multimillion dollar golden parachute.
That’s the neat thing, you can deny accountability by blaming the computer’s decision
A COMPUTER CAN NEVER BE HELD ACCOUNTABLE
THEREFORE A COMPUTER MUST
NEVERMAKEAMANAGEMENT DECISIONsdeleted by creator
I understand that there is always a fall guy. Even before AI was shoved everywhere, those really responsible for the problems they created were not held accountable and put the blame on a fall guy.
I can only assume the very next slide said, “But having a computer make battlefield targeting decisions is A-OK!” /s
It’s just a little war crimes, it’s ok it’s ok.
That’s why board executives and business are so excited about it
They can finally get rid of McKinsey and blame it on cheaper and faster trendy butthole logo of the month.
Why would they get rid of McKinsey? That would make dinner at the club super awkward!
It’s not my fault
I was just following ordersIt’s just company policyIt’s just a misstep in the algorithm
I’m sorry the computer said layoffs so… Get fucked.
Ai says you’re not a citizen. Deported.
promptly
Very meta
TBF Management can barely make any management decisions either…
are are rarely held accountable.
This is sad, not humorous
As a US citizen, this logic need to be applied to corperations. The C_Os make all the decisions for the company, the Campany should not be held as responsible for the shitty actions of its Board. The Board should be held accountable for the companies actions be required to served by all the C_Os. I say served, I mean fines and prison time ,in all cases, as a fine is paid personally by the person and time is served aslo bu the person.
I know fine are just a temporary for “legal fo .a price” fine should be paid to hut them so Retirement accounts are taken, future earning are taken, income from salary+bonus at time of infraction are taken, and close loops of off shore accounts
Agreed except you better not touch my extremely meager retirement account for some shit the CEO did. I will go full uno bomber.
Thats where the legislation can put the lawyer talk in to address it is the personal accounts of the C_Os
Thou shall not make a machine in the likeness of a human mind.
Try to stop me.
That’s alright, so far they haven’t even come close
