To me, it just shows how out of touch and useless most CEOs are. The modern executive model is totally broken, these people effectively don't actually do anything, and they ultimately destroy shareholder value when they are supposed to be protecting it. The executive compensation model is supremely broken, and if AI can replace anyone, it's them. Not the people that make things and processes function.
Problem is, AI was built and trained on the sort of broken logic that prevails today, so if it replaced executives it would probably act in an even worse manner. Because it's a reference tool at most (and a shitty one that's in a primitive state), not a replacement for human capital.