AI fraud salesmen have c-suites thinking that people managers are redundant and everyone will need to be at least half focused as an individual contributor. With the growth of complexity across business and the number of tools, regulations, policies, and the turnover/attrition environment, people managers have never been a more critical role. They own the direction/vision of their segment, keep workers focused (by reducing friction and distractions) and ensure the appropriate people are where they need to be and enthusiastic to be there. They are supposed to make sure everyone below them knows their purpose and can see a clear line of sight to get there. How many people at Fiserv today feel like they have a clear understanding of their role and their specific purpose AND feels like they will be appropriately recognized for meeting it.
Exactly what @b3+1kvwscm9b said.