With the advent of Machine Learning and smart devices we are not far from the day machines will be used for decision making. Will that be any effective ? So i was think about this scenario when a machine ( AI Application) takes over as the CEO of a company. What would happen ?
Assuming the application is Male ( This is just for the voice) or I think people can choose from a list of options. He would be pervasive ... Everybody in the company just needs to download the app to gain access to the CEO. Decision making is data driven so to get directions they need to just enter the data to get their new goals ... An executive assistant will still be required to feed the data ... CEOs will not be needing an office with expensive items ... No golf sessions ... Board meetings will be different ... No travel expenses ... Only application hardware cost and server maintenance .. Assuming there is a one time cost involved in writing the algorithm and constructing the application ...
The world would be a different place altogether ... not sure how the firing policy will work ... every tenure of a CEO can be a new version/flavor/avatar of the application ...
Looking at the economic perspective ... we are replacing men by machines ... so there will be job loss... CEO salary will not be as high as it used to be ... no annual bonus ...
So will we be better off ?
Assuming the application is Male ( This is just for the voice) or I think people can choose from a list of options. He would be pervasive ... Everybody in the company just needs to download the app to gain access to the CEO. Decision making is data driven so to get directions they need to just enter the data to get their new goals ... An executive assistant will still be required to feed the data ... CEOs will not be needing an office with expensive items ... No golf sessions ... Board meetings will be different ... No travel expenses ... Only application hardware cost and server maintenance .. Assuming there is a one time cost involved in writing the algorithm and constructing the application ...
The world would be a different place altogether ... not sure how the firing policy will work ... every tenure of a CEO can be a new version/flavor/avatar of the application ...
Looking at the economic perspective ... we are replacing men by machines ... so there will be job loss... CEO salary will not be as high as it used to be ... no annual bonus ...
So will we be better off ?
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