Infiniti Ag, where you at??

Dow said Thursday it will cut some 4,500 jobs, turning instead to artificial intelligence and automation as it looks to streamline operations. That's about 13% of the chemicals giant's workforce, per Reuters. Dow expects to see a profitability bump of at least $2 billion as a result.

https://www.bloomberg.com/news/articles/2026-01-29/dow-to-cut-about-4-500-jobs-using-ai-to-boost-operations?srnd=homepage-americas

I wasn't too surprised. Dow pretty much runs robotically on a normal day.

It's an extremely transactional company. They'd cut their workforce to zero if they could. They've always been this way.

I've done work for Dow several times, and if I never do another project with them again, it will be too soon. Just a terrible company to deal with.

Would imagine that continuous chemical refining processes and quality control probably lend themselves well to AI.

But more likely Dow is cutting workforce for other reasons and using this to cover up other issues.

Dang it, I was hoping this was about WSJ/Dow Jones company laying off more propagandists.

They are just offshoring their plant operations. The Indians - who are the best and brightest in the world and we need many more of them on H1Bs to come here - will sign in remotely and operate the plants. AI is just not capable of boosting productivity and reducing labor right now.



and CEOs suck....

Texag5324 said:

---

Infiniti Ag, where you at??

Dow said Thursday it will cut some 4,500 jobs, turning instead to artificial intelligence and automation as it looks to streamline operations. That's about 13% of the chemicals giant's workforce, per Reuters. Dow expects to see a profitability bump of at least $2 billion as a result.

https://www.bloomberg.com/news/articles/2026-01-29/dow-to-cut-about-4-500-jobs-using-ai-to-boost-operations?srnd=homepage-americas

---

Thanks for posting this. I saw it here first, so you beat me to it. As for where I was at, just had gone out to drop my daughter to school.
Well done, proud of you! This is becoming a movement.

Sad to hear the news though. This "turning to AI" is nonsense as they know it is the most believable among those who are clueless about current AI.

Anyway, layoffs cannot be stopped but companies laying off should be blocked from H1Bs.

infinity ag said:

---

Texag5324 said:

---

Infiniti Ag, where you at??

Dow said Thursday it will cut some 4,500 jobs, turning instead to artificial intelligence and automation as it looks to streamline operations. That's about 13% of the chemicals giant's workforce, per Reuters. Dow expects to see a profitability bump of at least $2 billion as a result.

https://www.bloomberg.com/news/articles/2026-01-29/dow-to-cut-about-4-500-jobs-using-ai-to-boost-operations?srnd=homepage-americas

---

Thanks for posting this. I saw it here first, so you beat me to it. As for where I was at, just had gone out to drop my daughter to school.
Well done, proud of you! This is becoming a movement.

Sad to hear the news though. This "turning to AI" is nonsense as they know it is the most believable among those who are clueless about current AI.

Anyway, layoffs cannot be stopped but companies laying off should be blocked from H1Bs.

---

Just doing my job!

I first thought that meant the Dow Jones

people in Wall Street who are analysts will easily be replaced by AI which makes better decisions than emotional humans.

Hey, STAFF. Please change 'Dow' to '$DOW' to avoid confusion.

Amazon slashed 16k jobs yesterday for AI as well....gonna be a lot of people out of jobs soon. But hey, let's bring in more mouths to feed.

Ironically - DOW is probably a more sympathetic company with machines running the show!


ba dum tsss

flown-the-coop said:

---

Would imagine that continuous chemical refining processes and quality control probably lend themselves well to AI.

But more likely Dow is cutting workforce for other reasons and using this to cover up other issues.

---

Big companies get bloated. When times are good, they hire people that wind up taking some of the work load off the current employees. About the same amount of work being done, but more people to do that work. Things happen and they realize they can get rid of people and still do what they used to do. Wash, rinse, repeat.

When I was involved, it seemed that this resulted in more people in supervisory/management positions that didn't really have anything to do other than review the work of others (that was already subject to review), and request all sorts of nonsensical reporting.

I was waiting a few months to be vested in the retirement plan before quitting and was often part of worthless meetings. In one of the several meetings about reducing expenses, they were asking for, and discussing, various suggestions for cutting costs. I told them I had a way for us to cut the costs for calculator tape by 50%. My senior manager said "that is just the thing we are looking for." Big smile on his face. He then asked had I found a supplier that charged that much less. I said no, even simpler than that and don't have to deal with paperwork and approval of changing vendors. I said if everyone would let their calculator tape pile up on the floor, then when they reach the end of the roll, turn it over and run it through again utilizing the backside of the tape, that should result in a 50% cost savings. He already didn't like me much and this did not improve his opinion of me.

I had a controller who insisted on a calculator with tape which she would staple to journal entries she sprinted out of MS Excel. Printed out in color to ensure I paid maximum to Xerox on the copy leases.

Years later I know fight my office ladies on how many pets we keep (and feed at the office). But I did get them off printing emails in color and manually recalculating MS Excel formulas.

infinity ag said:

---

Texag5324 said:

---

Infiniti Ag, where you at??

Dow said Thursday it will cut some 4,500 jobs, turning instead to artificial intelligence and automation as it looks to streamline operations. That's about 13% of the chemicals giant's workforce, per Reuters. Dow expects to see a profitability bump of at least $2 billion as a result.

https://www.bloomberg.com/news/articles/2026-01-29/dow-to-cut-about-4-500-jobs-using-ai-to-boost-operations?srnd=homepage-americas

---

Thanks for posting this. I saw it here first, so you beat me to it. As for where I was at, just had gone out to drop my daughter to school.
Well done, proud of you! This is becoming a movement.

Sad to hear the news though. This "turning to AI" is nonsense as they know it is the most believable among those who are clueless about current AI.

Anyway, layoffs cannot be stopped but companies laying off should be blocked from H1Bs.

---

I agree with you on how this should limit H-1s but the evil CEO thing is something else. AI is going to reduce the need for jobs, that's just a fact you can choose to deal with or not. If a company can do something more efficiently and profitably with AI or robotics vs employees they need to do it and if the CEO doesn't do it they will be fired themselves and someone else will. Companies have to make a profit to survive or else another company will take their place. That's just the world. When you are talking about a chemical company it makes lots of sense that AI and robotics will be a big part of what they do. You have a lot of dangerous jobs for humans that are better done by robots. You have a lot of analysis of chemicals that can be done more efficiently with LLMs. You have jobs in HR, Finance, and elsewhere that can also be done with fewer people.

Jobs have been eliminated like this ever since the Industrial Revolution began, they get created and then they get eliminated when they are no longer useful. You can blame CEOs if you want I guess but it's dumb. Dow is owned by shareholders that are spread across hundreds of thousands of people in mutual funds and those shareholders are looking for returns on their investment or else they will find someone else who will. That's capitalism. Much better to embrace the future than to scream at the sky.

aggie93 said:

---

infinity ag said:

---

Texag5324 said:

---

Infiniti Ag, where you at??

Dow said Thursday it will cut some 4,500 jobs, turning instead to artificial intelligence and automation as it looks to streamline operations. That's about 13% of the chemicals giant's workforce, per Reuters. Dow expects to see a profitability bump of at least $2 billion as a result.

https://www.bloomberg.com/news/articles/2026-01-29/dow-to-cut-about-4-500-jobs-using-ai-to-boost-operations?srnd=homepage-americas

---

Thanks for posting this. I saw it here first, so you beat me to it. As for where I was at, just had gone out to drop my daughter to school.
Well done, proud of you! This is becoming a movement.

Sad to hear the news though. This "turning to AI" is nonsense as they know it is the most believable among those who are clueless about current AI.

Anyway, layoffs cannot be stopped but companies laying off should be blocked from H1Bs.

---

I agree with you on how this should limit H-1s but the evil CEO thing is something else. AI is going to reduce the need for jobs, that's just a fact you can choose to deal with or not. If a company can do something more efficiently and profitably with AI or robotics vs employees they need to do it and if the CEO doesn't do it they will be fired themselves and someone else will. Companies have to make a profit to survive or else another company will take their place. That's just the world. When you are talking about a chemical company it makes lots of sense that AI and robotics will be a big part of what they do. You have a lot of dangerous jobs for humans that are better done by robots. You have a lot of analysis of chemicals that can be done more efficiently with LLMs. You have jobs in HR, Finance, and elsewhere that can also be done with fewer people.

Jobs have been eliminated like this ever since the Industrial Revolution began, they get created and then they get eliminated when they are no longer useful. You can blame CEOs if you want I guess but it's dumb. Dow is owned by shareholders that are spread across hundreds of thousands of people in mutual funds and those shareholders are looking for returns on their investment or else they will find someone else who will. That's capitalism. Much better to embrace the future than to scream at the sky.

---

I just said this in a different thread, but I don't really care if they layoff. Or give their C levels bonuses. But no H1Bs and no offshoring incurs a huge tariff. That is what I want. That is capitalism. If you have an unending supply of labor, it is not capitalism.

CEOs today are a joke, no one takes them seriously anymore. "laying off for AI" ha ha. Well good for them.

"AI" is the new BOD excuse to cut the workforce. Pathetic.

What's with the uptick in personal callouts?

Quote:

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Amazon has also been cutting costs across its business so that it can invest more in AI and the rapid build-out of data centers.

---

Amazon layoffs: 16,000 jobs to be cut in latest anti-bureaucracy push

Something like 30,000 layoffs at Amazon since Sept.

aggie93 said:

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Jobs have been eliminated like this ever since the Industrial Revolution began, they get created and then they get eliminated when they are no longer useful. You can blame CEOs if you want I guess but it's dumb. Dow is owned by shareholders that are spread across hundreds of thousands of people in mutual funds and those shareholders are looking for returns on their investment or else they will find someone else who will. That's capitalism. Much better to embrace the future than to scream at the sky.

---

Attributed to Milton Friedman:

Quote:

---

A popular anecdote in economics states that a visitor at a government worksite was surprised to find numerous workers digging with shovels. Yet, machines could accomplish the task more quickly and efficiently.

Quote:

---

Visitor: Why aren't you using earthmoving equipment?
Supervisor: You don't understand. This project is designed to employ large numbers of people.
Visitor: I see. If creating jobs is your primary objective, then perhaps you should give the workers spoons instead of shovels.

---

---

Dow CEO "Fiddling Jim" Fitterling has overseen a significant decline in performance of the company. Stock price is down at least 50%, Revenues are down almost 30% in the past 4 years. They went from the slogan "Lower for Longer" which relates to their stock price, to "Transform to Outperform". I can't believe he is still there. But if you look him up, your will quickly learn that his is the first "out" CEO of a major corporation. DEI strikes again!

TA-OP said:

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What's with the uptick in personal callouts?

---

If you are talking about the OP referring to me, I am okay with it. Absolutely no problem at all.
I am just happy that he/she headlined an important piece of news.

OP: I am not Infiniti, I am Infinity! I am not a car, I am forever.

only point of disagreement is that you state from the "Industrial revolution"

but there were a lot of CHARIOT MAKERS put out of work in the 4th century.

in every century there are jobs that come and go.

people who made swords and spears had to start to make guns back in the late 1500s

LMCane said:

---

only point of disagreement is that you state from the "Industrial revolution"

but there were a lot of CHARIOT MAKERS put out of work in the 4th century.

in every century there are jobs that come and go.

people who made swords and spears had to start to make guns back in the late 1500s

---

There is a difference though.

In earlier times, these changes were not sudden. They were over a period of time so society could adjust. People could train themselves.

Now? People lose their jobs when there is a rumor of some new technology. It doesn't even have to work, and management gets ready with their machetes to cut people. Society has no time to adjust.

And in the 4th century there was no H1B visas handed out.

LMCane said:

---

only point of disagreement is that you state from the "Industrial revolution"

but there were a lot of CHARIOT MAKERS put out of work in the 4th century.

in every century there are jobs that come and go.

people who made swords and spears had to start to make guns back in the late 1500s

---

Fair enough, innovation is as old as humanity. That of the replacement and change of workers and adaptation we know of today started in earnest due to the Industrial Revolution and the onset of more rapid change. Prior to that the changes were far more gradual generally.

AI = Acquired Indian.?

infinity ag said:

---

aggie93 said:

---

infinity ag said:

---

Texag5324 said:

---

Infiniti Ag, where you at??

Dow said Thursday it will cut some 4,500 jobs, turning instead to artificial intelligence and automation as it looks to streamline operations. That's about 13% of the chemicals giant's workforce, per Reuters. Dow expects to see a profitability bump of at least $2 billion as a result.

https://www.bloomberg.com/news/articles/2026-01-29/dow-to-cut-about-4-500-jobs-using-ai-to-boost-operations?srnd=homepage-americas

---

Thanks for posting this. I saw it here first, so you beat me to it. As for where I was at, just had gone out to drop my daughter to school.
Well done, proud of you! This is becoming a movement.

Sad to hear the news though. This "turning to AI" is nonsense as they know it is the most believable among those who are clueless about current AI.

Anyway, layoffs cannot be stopped but companies laying off should be blocked from H1Bs.

---

I agree with you on how this should limit H-1s but the evil CEO thing is something else. AI is going to reduce the need for jobs, that's just a fact you can choose to deal with or not. If a company can do something more efficiently and profitably with AI or robotics vs employees they need to do it and if the CEO doesn't do it they will be fired themselves and someone else will. Companies have to make a profit to survive or else another company will take their place. That's just the world. When you are talking about a chemical company it makes lots of sense that AI and robotics will be a big part of what they do. You have a lot of dangerous jobs for humans that are better done by robots. You have a lot of analysis of chemicals that can be done more efficiently with LLMs. You have jobs in HR, Finance, and elsewhere that can also be done with fewer people.

Jobs have been eliminated like this ever since the Industrial Revolution began, they get created and then they get eliminated when they are no longer useful. You can blame CEOs if you want I guess but it's dumb. Dow is owned by shareholders that are spread across hundreds of thousands of people in mutual funds and those shareholders are looking for returns on their investment or else they will find someone else who will. That's capitalism. Much better to embrace the future than to scream at the sky.

---

I just said this in a different thread, but I don't really care if they layoff. Or give their C levels bonuses. But no H1Bs and no offshoring incurs a huge tariff. That is what I want. That is capitalism. If you have an unending supply of labor, it is not capitalism.

CEOs today are a joke, no one takes them seriously anymore. "laying off for AI" ha ha. Well good for them.

---

Still not seeing how you square the circle of H-1s and AI/Robotics. We could eliminate all H-1s and will still see a lot of jobs eliminated by AI/Robotics. It's not like the Amazon warehouses that are rapidly becoming giant robot rooms are impacted by H-1s, there are virtually no H-1s working in a warehouse moving boxes and shipping goods.

Also don't really get the hatred for CEOs as a general rule. I can get how you hate this CEO or that but every company has to have a leader and they are ultimately responsible to the owners and shareholders to make profit or else they will be out of a job. You can hate on them for using visas if you want I guess but unless they are doing something illegal or fraudulent they are simply playing playing the game as it stands. If they can hire better or cheaper talent but don't because of a visa and their competitor does they are at a disadvantage. The problem is a system issue. The key is reforming the system.

Reminds me of the famous Trump debate where Hillary tried to chide him for avoiding taxes and he said, "Of course I do" and pointed out essentially not the hate the player hate the game.

aggie93 said:

---

infinity ag said:

---

aggie93 said:

---

infinity ag said:

---

Texag5324 said:

---

Infiniti Ag, where you at??

Dow said Thursday it will cut some 4,500 jobs, turning instead to artificial intelligence and automation as it looks to streamline operations. That's about 13% of the chemicals giant's workforce, per Reuters. Dow expects to see a profitability bump of at least $2 billion as a result.

https://www.bloomberg.com/news/articles/2026-01-29/dow-to-cut-about-4-500-jobs-using-ai-to-boost-operations?srnd=homepage-americas

---

Thanks for posting this. I saw it here first, so you beat me to it. As for where I was at, just had gone out to drop my daughter to school.
Well done, proud of you! This is becoming a movement.

Sad to hear the news though. This "turning to AI" is nonsense as they know it is the most believable among those who are clueless about current AI.

Anyway, layoffs cannot be stopped but companies laying off should be blocked from H1Bs.

---

I agree with you on how this should limit H-1s but the evil CEO thing is something else. AI is going to reduce the need for jobs, that's just a fact you can choose to deal with or not. If a company can do something more efficiently and profitably with AI or robotics vs employees they need to do it and if the CEO doesn't do it they will be fired themselves and someone else will. Companies have to make a profit to survive or else another company will take their place. That's just the world. When you are talking about a chemical company it makes lots of sense that AI and robotics will be a big part of what they do. You have a lot of dangerous jobs for humans that are better done by robots. You have a lot of analysis of chemicals that can be done more efficiently with LLMs. You have jobs in HR, Finance, and elsewhere that can also be done with fewer people.

Jobs have been eliminated like this ever since the Industrial Revolution began, they get created and then they get eliminated when they are no longer useful. You can blame CEOs if you want I guess but it's dumb. Dow is owned by shareholders that are spread across hundreds of thousands of people in mutual funds and those shareholders are looking for returns on their investment or else they will find someone else who will. That's capitalism. Much better to embrace the future than to scream at the sky.

---

I just said this in a different thread, but I don't really care if they layoff. Or give their C levels bonuses. But no H1Bs and no offshoring incurs a huge tariff. That is what I want. That is capitalism. If you have an unending supply of labor, it is not capitalism.

CEOs today are a joke, no one takes them seriously anymore. "laying off for AI" ha ha. Well good for them.

---

Still not seeing how you square the circle of H-1s and AI/Robotics. We could eliminate all H-1s and will still see a lot of jobs eliminated by AI/Robotics. It's not like the Amazon warehouses that are rapidly becoming giant robot rooms are impacted by H-1s, there are virtually no H-1s working in a warehouse moving boxes and shipping goods.

Also don't really get the hatred for CEOs as a general rule. I can get how you hate this CEO or that but every company has to have a leader and they are ultimately responsible to the owners and shareholders to make profit or else they will be out of a job. You can hate on them for using visas if you want I guess but unless they are doing something illegal or fraudulent they are simply playing playing the game as it stands. If they can hire better or cheaper talent but don't because of a visa and their competitor does they are at a disadvantage. The problem is a system issue. The key is reforming the system.

Reminds me of the famous Trump debate where Hillary tried to chide him for avoiding taxes and he said, "Of course I do" and pointed out essentially not the hate the player hate the game.

---

AI isn't the reason these companies are laying off 10k and 20k people. I know that for a fact. Satya Nadella himself expressed his fear about AI's use cases and monetization. So these CEOs lie when they layoff. They fool people into believing that the management is blameless and this AI thing just happened. Of course the C levels will manage to get huge bonuses for this "cost saving".


AI in robotics, sure. Amazon has been doing this for years and years so nothing's really changed in the last 6 months. The people who got laid off are software engineers and product/program managers, not warehouse stackers or janitors.

But then Amazon will claim that they don't have skills in the US so they need H1Bs.

I have observed this for more than 25 years. CEOs screw up and then fire the innocent lowest level people to cover up, and get large bonuses. If they get fired, they get paid there also. Happened to the CEO of my previous employer.

It's pretty easy to see why there is so much hate for CEOs in general - just like there is a lot of recent hate for Indians (in the US). They brought it upon themselves with their poor ethics and terrible behavior.

Also, more than the CEOs, I hold US politicians responsible. They framed rules with more holes than Swiss Cheese and did not change them when they saw exploitation. They failed. CEOs however, though possibly legal, showed how unethical they are. It is like someone buying a big screen TV just before the superbowl, using it and returning it. Legal but unethical.

infinity ag said:

---

aggie93 said:

---

infinity ag said:

---

aggie93 said:

---

infinity ag said:

---

Texag5324 said:

---

Infiniti Ag, where you at??

Dow said Thursday it will cut some 4,500 jobs, turning instead to artificial intelligence and automation as it looks to streamline operations. That's about 13% of the chemicals giant's workforce, per Reuters. Dow expects to see a profitability bump of at least $2 billion as a result.

https://www.bloomberg.com/news/articles/2026-01-29/dow-to-cut-about-4-500-jobs-using-ai-to-boost-operations?srnd=homepage-americas

---

Thanks for posting this. I saw it here first, so you beat me to it. As for where I was at, just had gone out to drop my daughter to school.
Well done, proud of you! This is becoming a movement.

Sad to hear the news though. This "turning to AI" is nonsense as they know it is the most believable among those who are clueless about current AI.

Anyway, layoffs cannot be stopped but companies laying off should be blocked from H1Bs.

---

I agree with you on how this should limit H-1s but the evil CEO thing is something else. AI is going to reduce the need for jobs, that's just a fact you can choose to deal with or not. If a company can do something more efficiently and profitably with AI or robotics vs employees they need to do it and if the CEO doesn't do it they will be fired themselves and someone else will. Companies have to make a profit to survive or else another company will take their place. That's just the world. When you are talking about a chemical company it makes lots of sense that AI and robotics will be a big part of what they do. You have a lot of dangerous jobs for humans that are better done by robots. You have a lot of analysis of chemicals that can be done more efficiently with LLMs. You have jobs in HR, Finance, and elsewhere that can also be done with fewer people.

Jobs have been eliminated like this ever since the Industrial Revolution began, they get created and then they get eliminated when they are no longer useful. You can blame CEOs if you want I guess but it's dumb. Dow is owned by shareholders that are spread across hundreds of thousands of people in mutual funds and those shareholders are looking for returns on their investment or else they will find someone else who will. That's capitalism. Much better to embrace the future than to scream at the sky.

---

I just said this in a different thread, but I don't really care if they layoff. Or give their C levels bonuses. But no H1Bs and no offshoring incurs a huge tariff. That is what I want. That is capitalism. If you have an unending supply of labor, it is not capitalism.

CEOs today are a joke, no one takes them seriously anymore. "laying off for AI" ha ha. Well good for them.

---

Still not seeing how you square the circle of H-1s and AI/Robotics. We could eliminate all H-1s and will still see a lot of jobs eliminated by AI/Robotics. It's not like the Amazon warehouses that are rapidly becoming giant robot rooms are impacted by H-1s, there are virtually no H-1s working in a warehouse moving boxes and shipping goods.

Also don't really get the hatred for CEOs as a general rule. I can get how you hate this CEO or that but every company has to have a leader and they are ultimately responsible to the owners and shareholders to make profit or else they will be out of a job. You can hate on them for using visas if you want I guess but unless they are doing something illegal or fraudulent they are simply playing playing the game as it stands. If they can hire better or cheaper talent but don't because of a visa and their competitor does they are at a disadvantage. The problem is a system issue. The key is reforming the system.

Reminds me of the famous Trump debate where Hillary tried to chide him for avoiding taxes and he said, "Of course I do" and pointed out essentially not the hate the player hate the game.

---

AI isn't the reason these companies are laying off 10k and 20k people. I know that for a fact. Satya Nadella himself expressed his fear about AI's use cases and monetization. So these CEOs lie when they layoff. They fool people into believing that the management is blameless and this AI thing just happened. Of course the C levels will manage to get huge bonuses for this "cost saving".


AI in robotics, sure. Amazon has been doing this for years and years so nothing's really changed in the last 6 months. The people who got laid off are software engineers and product/program managers, not warehouse stackers or janitors.

But then Amazon will claim that they don't have skills in the US so they need H1Bs.

I have observed this for more than 25 years. CEOs screw up and then fire the innocent lowest level people to cover up, and get large bonuses. If they get fired, they get paid there also. Happened to the CEO of my previous employer.

It's pretty easy to see why there is so much hate for CEOs in general - just like there is a lot of recent hate for Indians (in the US). They brought it upon themselves with their poor ethics and terrible behavior.

Also, more than the CEOs, I hold US politicians responsible. They framed rules with more holes than Swiss Cheese and did not change them when they saw exploitation. They failed. CEOs however, though possibly legal, showed how unethical they are. It is like someone buying a big screen TV just before the superbowl, using it and returning it. Legal but unethical.

---

There are good CEOs and bad and your brush is very broad. Amazon has always been about efficiency as a mindset and I don't debate the way they treat their people. If you go to work there you can make good money but you are absolutely expendable, the moment you aren't adding value they will cut you off. They also do a lot of really questionable things with RSU vesting and cliffs that can attract talent to come and then they get cut before they hit their big vest. To me I look at Bezos vs Musk vs Gates vs Buffett vs Zuckerberg vs Huang and see very, very different styles and attitudes towards employees, I don't really see how you can bundle them all together.

If you go to work for a company today don't expect loyalty, make sure to look out for yourself. That's a lesson I learned the hard way. I had a lot of resentment about it at one time but now I realize that's just how business is today and how it almost has to be. Companies use you and you have to use them back. Work hard, do your best for them, but protect yourself and treat your career like your own business even if you are an employee. If you don't then don't be surprised when you get screwed.

You can blame CEO's for that if you want but once again that's blaming the player and not the game. H-1s and visas are just a symptom of a larger issue as well. For instance I would consider the abuses of Private Equity firms far worse than CEO's, PE has gotten incredibly abusive but is very hard to regulate. Politicians care about power and getting elected, they DGAF about this stuff in general even if they are one of the few that actually understands it.