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The Pentagon has its eye on the leading AI company, which this week softened its ban on military use.

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[-] camelCaseGuy@lemmy.world 4 points 11 months ago

I don't understand that point of view? Why would they pay their CEOs less than any other company? If they did, then they would either not be able to hire CEOs, have the shittiest CEOs or have CEOs that wouldn't give a crap. People don't live on welfare, especially highly connected, highly educated people like CEOs.

[-] grepe@lemmy.world 22 points 11 months ago* (last edited 11 months ago)

Why do you think lower paid CEO must be shitty? There turns out to be very little link between the CEO and CEO pay and the company performance... they are only paid a lot cause they are in the position of power to directly influence their salary.

[-] Imalostmerchant@lemmy.world 3 points 11 months ago

Do you have a source for this?

[-] crispy_kilt@feddit.de 17 points 11 months ago

broadly gestures at everything

[-] grepe@lemmy.world 2 points 11 months ago

Actually, I do... but do you really want the source or do you just want me to be wrong?

[-] Imalostmerchant@lemmy.world 3 points 11 months ago

I would like to read more. Sorry if asking for a source made me sound closed minded.

[-] uranibaba@lemmy.world 1 points 11 months ago

they are only paid a lot cause they are in the position of power to directly influence their salary.

And not because they have a much higher responsibility? As a CEO, it is your job to make sure a company makes a profit (unless you are a nonprofit, I guess you have some other goal you need to achieve). That is what you a pay a CEO to do. I assume you would pay more for someone who is able to turn a higher profit.

this post was submitted on 13 Jan 2024
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