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OverpAId – Fire your CEO. Hire the future

overpaid.lol

291–300 of 395 posts

Re: OverpAId – Fire your CEO. Hire the future

#291
post #98
post #91

Earlier quoted context omitted.

Steve Jobs was a founder, not your average CEO hire. He built the company from scratch.

Steve Jobs was hired as the CEO of Apple when the company was 20 years old. He was never CEO before that.

Yes. I've heard some say that SJ being fired allowed him to go out and learn to move from founder to CEO. Only when he came back to Apple did he finally have the skills and maturity to be CEO.

Re: OverpAId – Fire your CEO. Hire the future

#292

I have learned that the purpose of a CEO in many (most?) companies is not to actually run the company. Their purpose is to be the human delegate that represents the corporate entity. They are empowered to act on behalf of the entire organization. This is important because a corporation of many individuals generally cannot act as one. You can sometimes get close with really, really good teamwork, but that's still not…

Claude is gaff-immune in 187 languages, never dips it's pen in the company ink, and can remember every calibrated nuance of guidance at every earnings call ever. It can impartially judge senior staff, provide updates to the board at any time, and personally interact with every customer.

CEO seems like a great job for AI.

Re: OverpAId – Fire your CEO. Hire the future

#293
post #7

This is a fun joke, but there's a real element of truth to it: A big fraction of senior executives' work is vulnerable to replacement by AI. In other fields, where automation or tooling has enabled technicians to do work that previously required expensive expertise, there's been a drive from management to replace those costly professionals. What's the parallel for executives? Is the CEO market ripe for disruption by…

AI cannot replace CEO the same reason AI cannot replace your girlfriend.

Because she's in bed with the board?

Re: OverpAId – Fire your CEO. Hire the future

#295

This is the kind of agent I want to see. Board rooms and executive management need to be just as scared as the rest of us.

We can actually review code and prompt better. Most of these people's skills involve connections made in business schools and the ability to shoot shit during three-martini lunches.

Something that can be done by agents in a chat room easily

Re: OverpAId – Fire your CEO. Hire the future

#296
post #88

Earlier quoted context omitted.

You are confusing CEO pay with CEO ability. There is plenty of examples of companies doing poorly until a new CEO comes in, and others of a company doing well until the CEO retires and a replacement comes in. Ivy types have a poor history of figuring out which is which in advance though.

no its not like that, these people get plopped into positions of power, and alot of time theres no good way to assess their performance

There are plenty of good ways to assess performance of CEO. However the important ones can only be run 10-20 years from now and so they are not helpful.

Re: OverpAId – Fire your CEO. Hire the future

#297
post #54

I know this is a common trope here, and yeah, plenty of MBA-type CEOs are trash. But speaking as a founder/CEO of a small company, the quality gap between an average hire and top talent at the director level is night and day. Proven talent comes with a massive price tag, but it's almost always worth it. The times I regretted going with the 2nd or 3rd place candidate because they were cheaper ended up setting us back…

> speaking as a founder/CEO > massive price tag, but it's almost always worth it The "Obama putting a medal around Obama's neck" meme seems appropriate here.

Exactly my reaction. Of course a CEO is going to write a post saying "CEOs are expensive but worth it". At least they admitted to it, I guess!

Re: OverpAId – Fire your CEO. Hire the future

#298
post #168

Earlier quoted context omitted.

Is it just that the company collapsed? The third-rate version of him probably would have ended up in jail a-la SBF or Ms Holmes, with hopefully no one getting killed or maimed, or chemicals in a factory causing cancer across neighborhoods or poisoning wells or something. There are things worse than losing your job.

Only truly exceptional executives can be SBF or Elizabeth Holmes.

There's also Madoff.

Re: OverpAId – Fire your CEO. Hire the future

#299

Earlier quoted context omitted.

Is Steve Jobs even a good example of "the type of person I want to hire as CEO"? I think he probably is not. He was a demonstrably bad CEO, so much so that the Apple board fired him. He then went on to get better at the job through running another two companies until, eventually, Apple purchased one of these companies (it was very much unsuccessful, BTW). Then he became CEO and the company and was, finally, phenomena…

The question remains whether that was all him or a combination of Wozniak and Ive, on top of being at the right place(s) at the right time(s) (iMac, iPod, iPhone). Also he died 15 years ago, but Apple's success (measured in market cap at least) went up more than 10x since he died (from 300-400B to 3-4T), under Tim Cook. That's arguably from the groundwork and reputation the company laid down 15 years ago, but still -…

I don't think anyone has ever claimed Apple was all SJ. But Woz would have likely stayed at HP without the prodding by SJ.

And since we're talking about CEOs, top-level personnel decisions are one of the biggest impacts a CEO can make. SJ promoted Ive to director of design, he also hired and eventually promoted Cook to COO.

Re: OverpAId – Fire your CEO. Hire the future

#300
post #244

I have learned that the purpose of a CEO in many (most?) companies is not to actually run the company. Their purpose is to be the human delegate that represents the corporate entity. They are empowered to act on behalf of the entire organization. This is important because a corporation of many individuals generally cannot act as one. You can sometimes get close with really, really good teamwork, but that's still not…

Huh. The sales team at my company is the one who closes millions in ARR and all the enterprise contracts - not the CEO. I’m sure being the “conduit of information and a representative element” is very important though. Someone has to attend investor meetings…

The only thing that i know that my ceo did was to sell his company, that went to shit after that
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