Dump the CEO, Thirty Years Later
Robin Hanson proposed markets on the share price if the board fires the CEO versus keeps them. We asked our AI forecaster the causal version for eight large companies, on three-year earnings and on total-return share price, with a repeat run and a control. Firing costs earnings everywhere by a similar small amount, the price effect is concentrated in a few companies, and the question formulation matters as much as the forecaster.