That's not how companies work. The CEO has a fiduciary duty to maximize company gains, so they have to invest in AI, because it's more profitable. They don't even have a choice, if they want to keep their job.

The current crisis has nothing to do with the individual decisions of a single CEO. It's a legal issue, i.e. CEOs could only act differently if there was a significant and serious change in the way that the law requires them to operate. Which, all things considered, is unreasonable in this case.