The CEOs will get a short term boost to profits and stock price. Theyll get a massive bonus from it. Then in a few years when shit starts blowing up, they will retire before that happens with a nice compensation package, leaving the company, employeez, and stockholders up shits creek from his short sighted plan.
But the CEO will be just fine on his yacht, dont worry.
Doesn’t matter if they can replace coders. If CEOs think it can, it will.
And now, it’s good enough to look like it works so the CEO can just push the problem down the road and get an instant stock inflation
And then it’ll all go to shit and proper programmers will be able to charge bank to sort it out.
I hope it works like that.
I hope all those companies go bankrupt, people hiring those CEOs lose everything, and the CEOs never manage to find another job in their lives…
But that’s a not bad second option.
The CEOs will get a short term boost to profits and stock price. Theyll get a massive bonus from it. Then in a few years when shit starts blowing up, they will retire before that happens with a nice compensation package, leaving the company, employeez, and stockholders up shits creek from his short sighted plan.
But the CEO will be just fine on his yacht, dont worry.
They’ll end up being exploited