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Sorry, CEOs. This futurist predicts AI bots are coming for the C-suite.

Michael Tchong
Futurist Michael Tchong expects companies will face pressure from rivals and investors to name AI co-CEOs.

  • US companies could appoint an AI co-CEO due to efficiency demands, futurist Michael Tchong predicts.
  • AI’s role in decision-making and efficiency is challenging traditional executive functions, he said.
  • Not everyone expects bot bosses to take over. CEOs will always remain human, one observer said.

Get ready for round-the-clock emails from your CEO.

US companies will soon face pressure from rivals and investors to elevate AI to the top of the org chart — not just as a C-suite helper — but as co-CEO or perhaps even as a stand-alone chief. That’s the prediction of futurist Michael Tchong, who’s spent decades writing about the role of tech in business.

AI’s gains in efficiency are starting to challenge traditional executive functions, including decision-making, forecasting, and risk modeling, he told Business Insider. Add in investors’ endless demands for efficiency, Tchong said, and you’re all but promoting AI to co-CEO.

“It becomes inevitable,” he told Business Insider.

Tchong expects that early corporate adopters will help create competitive pressures that lead other companies to install boss bots.

“If you don’t have an AI co-CEO,” Tchong said, “you’re going to be seen as being corporately deficient in the way you’re handling your affairs.”

Chatter about AI in the office tends to stir fears that a bot takeover will make loads of desk workers as necessary as reply-all email chains. Yet when it comes to the C-suite, the discussion often centers on leaders’ plans for AI — not the reverse.

Pressure to perform

Many leaders are already using AI. Yet what Tchong predicts is more than just a CEO querying ChatGPT about strategy. One result of AI bosses would be tireless leaders who could fire off emails at any hour — perhaps not unlike some humans — and tinker continually with a company’s operations.

Having AI in the corner office could be an outgrowth of the pressure that many companies already face to talk about AI. Corporate leaders often discuss their investments in the technology and the payoffs they’re hoping to get or already seeing.

Salesforce CEO Marc Benioff said in a recent podcast that the company had slashed about 4,000 customer-support roles because AI agents were taking on so much work at the tech giant.

What tends to get less airtime is how AI could refashion the C-suite — not just the duties of workaday desk jockeys.

Tchong said examples of corporate chiefs handing duties like reporting quarterly results to AI are indicators that more leaders could get comfortable having digital sidekicks who share titles and never take PTO. And a handful of companies outside the US have named AI leaders.

Already, various leaders, including Klarna CEO Sebastian Siemiatkowski, have said AI could do their jobs. Tamay Besiroglu, who cofounded and runs the startup Mechanize, wants to use AI to automate every role, including those of execs like himself. Others, like Sam Liang, CEO and cofounder of the note-taking app Otter, expect more top leaders will soon use avatars to attend meetings and field questions.

Look out, CEOs

Tchong said investor pressure could also make it more likely that some companies name AI as CEO, not just co-CEO.

“The inevitable conclusion that everyone will reach is that, ‘Hey, your co-CEO is already doing a fabulous job at optimizing your profits. Why can’t it also run the whole company?'” he said.

Yet not everyone thinks workers will toil under digital bosses.

“I think the CEO always remains a human,” Tom Gimbel, founder of the staffing firm LaSalle Network, told Business Insider.

Gimbel, who is the incoming chairman of the American Staffing Association, said that CEOs lean on advisors, attorneys, accountants, and their boards to help navigate business decisions. On top of that, he said, chiefs now have AI to help outline various scenarios.

The risk to workers, he said, is when they complete certain tasks that AI might be able to take on. That’s different from leadership jobs that are “100% decision-making,” Gimbel said.

“Those jobs aren’t going anywhere,” he said.

Tchong said that because AI tools are already embedded at the executive level, it will just take time before the technology handles managerial work.

He said one immediate concern is about what happens if an AI leader makes a mistake. Yet, Tchong said, that would make the bots similar to human beings, who also have “bouts of fantasy.”

In a scenario where AI is a co-CEO, he said the bot’s human counterpart could lead in areas involving a company’s strategic vision, responding to a crisis, or where emotional intelligence is useful.

“I would give him the informal title of ‘chief empathy officer,’ because that’s what an AI can’t do,” Tchong said. AI, for its part, could work to optimize a company’s operations and take over “laborious tasks” that even CEOs might not like to do, he said.

Wall Street could be a driver, too, Tchong said. That’s because he expects that companies with AI in at least one driver’s seat will outperform, and, as a result, investors will demand to see more tech with a decision-making role.

And, unlike highly paid C-suiters, bots would be far cheaper, Tchong said.

“The AI CEO does not demand a $29 billion salary,” he said.

Read the original article on Business Insider
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I worried homeschooling would make my kids antisocial and friendless. I was wrong.

The author's kids after participating in a group theater performance.
The author’s kids enjoy participating in theater, and it adds to their social lives.

  • I just started my sixth year homeschooling my kids, who went to public school for years first.
  • I worried about them struggling socially as homeschoolers, but our experience has been the opposite.
  • They have thriving social lives, and I’d recommend homeschooling to anyone.

I started researching homeschooling before the pandemic began, but once school went virtual, it seemed like the perfect time to dip our collective family toe into the homeschooling world.

At the time, my kids were entering fifth and seventh grades, and I hoped it would give them happier lives with less homework, more travel, and minimized anxiety. Still, I worried that, especially in a post-pandemic world, teaching my kids at home would make them antisocial and cause them to have no friends.

This year, my high schoolers are in 10th and 12th grades, and I wish I could tell my 2020 self not to worry. As a public school graduate myself, my kids’ teenage years look very much like mine did: full of part-time jobs, nights out with friends, and extracurricular activities.

My kids are neither friendless nor antisocial, and if anything, homeschooling has only helped them develop deeper relationships with their peers.

Early on, I leaned heavily on other homeschooling parents

The author's kids on Halloween wearing costumes. Her son is wearing a pirate costume, and her daughter is dressed as a mermaid.
The author’s kids found a group of friends to celebrate holidays like Halloween with.

At the beginning of our homeschooling journey, I scoured Facebook for groups of parents in our area who also homeschooled. I attended park playdates with other homeschool families, signed my kids up for classes at our local zoos and museums, and kept in touch with some of our public school friends to schedule hang-outs.

It was a pleasant surprise to find so many other homeschooling families in our area. Another pleasant surprise was that my kids’ social schedules stayed just as robust as they had during our public school days.

As my kids developed their own interests, I found homeschool groups to connect with

Signing up for local classes and events helped my kids find their own interests, including a love they share of the performing arts, my son’s love of film, and my daughter’s passion for working with kids in a volunteer capacity.

Through theater troupes and other community events and activities, my homeschooler teenagers have been able to pursue their own interests and make friends along the way, some of whom are homeschooled, others who go to public and private schools in our area.

Today, they have typical teenage social lives

The author's kids at the movies.
They have met friends through homeschooling groups and other extracurriculars.

My 15- and 17-year-olds’ lives don’t look much different than mine and my husband’s did at their age, and he and I both graduated from public school.

They hold part-time jobs, volunteer in the community, hang out with their friends, have sleepovers, hit the mall with groups of teens, and do all the things I remember doing at their age. Sure, it took a bit of effort to find our homeschooling village, but now that we have, they’re always making plans with friends (and begging to borrow the car).

My teens seem well-adjusted socially, and I’d recommend homeschooling

The author's family in Rome.
Homeschooling has allowed the family to travel more, including a trip to Rome this summer.

Spending the last five school years teaching my kids at home has been incredibly rewarding, and, like any other time period with our kids, it’s gone so, so fast. Today, my teens seem just as well-adjusted socially as my friends’ public-schooled kids are, and I’m so thankful that I’ve spent the last few years giving them so much of my time and attention.

As a parent about to graduate her first homeschooled kid, I’d absolutely recommend homeschooling to any parent. If you’re concerned about the social impact being homeschooled will have on your kids, take a moment to scan Facebook for groups set up by parents in your area who also homeschool, or do an internet search of daytime programs (like art classes, sports, or theater troupes) in your community for homeschoolers. Chances are, there’s a whole homeschool community going on around you and you don’t even know it.

Read the original article on Business Insider
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