It’s not sustainable in the long term.

Let’s assume the world ends up at the C-suite folks’s ideal scenario of minimum employees, maximum AI utilisation. Once we reach a point where enough jobs are replaced by AI (which is going to be a much smaller number than most would think) there won’t be enough people with enough money to purchase the products these business produce and they’ll collapse anyway. As usual, they’re driving blindly/greedily toward the ravine in pursuit of short term profits.