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The one job AI should actually replace: CEOs
  + stars: | 2023-09-11 | by ( Ed Zitron | ) www.businessinsider.com   time to read: +12 min
The only job that seems to be safe from the rise of ChatGPT and other AI tech is, oddly enough, the most expensive and easily automated role: CEO. Let's replace our CEOs with AI. Actually, AI is too advanced for that job, all you need is a Fisher Price tape recorder loaded up with a bad bunch of ideas." What better way can we hold a chief executive accountable than making sure they actually execute? Or perhaps the chief executives need to be far more afraid of losing their jobs to equally capable robots.
Persons: Scott Seiss, Fisher, it's, I'm, Proctor, A.G, Lafley, isn't, doesn't, Elon, David Zaslav, Zaslav —, Zaslav, shelve, I'd, Said, Ed Zitron Organizations: Harvard, Gamble, TSR, Warner Bros, Hollywood, Alliance, Television Producers Locations: Let's, California
NEW YORK, Nov 22 (Reuters) - Can Walt Disney Co (DIS.N) bank on another hit sequel? That appears to be the hope behind the company's surprise decision to bring back former chief executive Bob Iger to replace Bob Chapek. During his first tenure from 2005 to 2020, Disney's annualised shareholder returns were more than 14%, well above its rival Comcast Corp (CMCSA.O) and the broader stock market, and in total in that period the stock rose more than 400%. Yet there are reasons to think that Disney may have made the right decision in bringing back Iger, Bingham said. “I think this is a game-changer," said Stephanie Link, chief investment strategist and portfolio manager at Hightower Advisors, about Disney.
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