Comment Re:Extend technology to eliminate CEOs (Score 2) 47
CEOs aren't really overpaid. The amount they get paid seems large compared to normal employees, but it still pales in comparison to the money the actual owners make on it. I mean the CEO is a hired manager to be a replacement for the leadership of the owner(s) (for convenience reasons and because possibly the ownership is shared between multiple parties, some of whom may not possess the skills to lead the company). As such, the CEO needs many of the skills the founders possessed, and therefore its justified to set the salary closer to that amount. Especially, one has always to consider what happens if the CEO instead of leading the company starts their own. So unless you dislike the very foundations of how capitalism works, which I hope you do not, CEOs are paid fairly.