I would be an for new regulation that changed that. In order to go public you cannot have a majority shareholder. I won’t pretend I know what I’m talking about. But my gut says if you’re going public you wish your business to grow to a point that it’ll have large impacts to a good chunk of people and so there should be more democratic decision making in places including adding people local to these businesses in as stake holders.
Comment on If A.I. is so fast and efficient, and CEOs are paid so much, why not replace CEOs with A.I.?
vairse@lemmy.world 3 days agoChances are the shareholders with enough power to sway things are… Other CEOs though
Melvin_Ferd@lemmy.world 2 days ago
blargh513@sh.itjust.works 2 days ago
They all sit on each others boards.
However it just takes a few activist board members who have big time fomo and want to be early in with a virtual CEO.
I’m sure I will be put out to pasture first, but at least I will be laughing from my cardboard box.