That explains the introduction of black-box management-solely-via-P&L. If any position could be automated away, one would think that that sort of CEO could...
Maybe that's how we solve capitalism, we use machine learning to replace the capitalists!
I can't help but imagine that Neutral Planet from Futurama would be the end result of that, constant model fit of the median until the market doesn't even cater to the outliers, and everyone wears the same grey jumpsuit.
Quite right, one might as well speak of replacing vampires with werewolves: it still won't be safe to walk at night! Of course the point is to be rid of them all.