AI hype meets reality as majority of CEOs report no financial returns: Most businesses are still waiting for AI to boost revenue and cut costs.

Just keep firing the staff that keeps the place running. I’m sure the AI will step in and take care of everything. Any day now. Now that I think of it, it’s kind of like “Trickle Down Economics.” Any day now… any day…

It's interesting that this is how the "we put idiots in charge of our corporations" system worked itself out. An entire economy conned by what amounts to a perpetual motion machine l, despite being told be everyone who advised them that it doesn't work.

What these CEOs haven’t considered is the massive impact to the bottom line if they leveraged AI to replace C-suite workers. Remember, AI has no need for ever increasing multi-million dollar bonuses or golden parachute exit packages. It’s also perfectly suited to perform well in those roles.