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They make that claim because what CEOs write down could easily be written by a Markov Model, nevermind an LLM. If that was the primary value a CEO brought to the company they'd be right.

The most important thing a CEO brings is relationships. LLMs can't do that (yet).

Post script: there's still a chance that LLMs replace CEOs due to LLMs being easier for the board to influence/control.



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