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A CEO told employees they won't get raises in 2026 because the budget is going to AI
(www.businessinsider.com)
this post was submitted on 04 Jun 2026
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To date, I have not heard a single CEO talk about where the money will come from if no one is employed.
How can consumers consume if they don't have any money?
that's for someone else to worry about.
Seriously if you talk to these people they live their lives financial quarter by quarter. there's no plan for 2+ years down the line, they can't think that far ahead. They're all like this. It's all about the now. make money now, release a product now, no future, no updates, now now now. This is why LLM's appeal so much to them, it can provide that "now" that they crave.
When there's a 20 million dollar golden parachute when fail why would you care about the next quarter...
Exactly! In 2008 there was guys just blindly driving off the cliff huffing pure copium and greed.
Because these drug and AI addled idiots refuse to or can't think more than a quarter ahead at a time. As there are no consequences for the executive caste, why should they?
That's what the rich dickhead bunkers in remote locations are for, my friend.
Apparently long as bots are buying from them they care. The goal is keep the stock in green Apparently they don't need consumers for that.