this post was submitted on 12 Sep 2023
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chapotraphouse
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I should write a piece how Neoliberalism is already carving up the CEO (and other) leadership positions. Hedge funds and other capital vultures constantly shuffle the corporate suite to suite their interests, so there is absolutely a place for computers as labor-saving devices for managing a portfolio of companies by these huge capital conglomerates. Cyberpunk was only wrong about the aesthetics.
EDIT: My real hot take should be that CEOs are undergoing Proletarianization. The masters of Capital reveal themselves as its greatest slaves.
I've noticed this too. There are already C-level agencies where a hedge fund can dial up a specific board for their purpose, from fucking over the founders of a seed start-up, to pivoting from a pro-consumer growth model to profit maximisation, to "Strip the copper wiring before the smallholders notice".
See also the heads of banks and financial institutions going from among the richest captains of industry to mere money butlers with values 2 orders of magnitude below their clients.
There's no longer a spectrum of bourgoise, there's your local used car salesman or medium business owner with 30 employees. And then there's the mega rich. Everyone in between is now Labour Aristocracy and eventually, they're gonna realise that.