Probably going to get downvoted for this take …

The CEO job description you’ve laid out isn’t correct and imo would not be as easy for an AI to take over. Every CEO I’ve worked for in the insurance and finance industry in my 18y career works as hard or harder than everyday people - pushing goals, targets, asking the tough questions of the team and setting expectations around the clock. No one is twiddling thumbs and making $20m+ per year. they also typically remain accountable internally and externally.

CEOs are many times the face of a company (ie Delta Airlines CEO Ed Bastian is pretty well known by travelers) both internally and externally. In small and medium orgs, they typically participate in high level negotiations with key customers and suppliers. They are the liaison between the company executives and the board members on all important company matters. They are high profile members of the community and engage with other organizations.

You might be able to break their duties all down for an AI into small tasks, but at the it might seem very disjointed and not cohesive.

I do agree CEOs and executives tend to be overpaid for their duties though. They might be able to point to a “deal” they did that “brought in $500m extra revenue”, but who’s to say someone else in that role couldn’t also do that same thing for less money? I don’t know how the value of a CEO really differs if they’re paid $5m vs $20m+. It’s like hitting the lottery Year after year after year.