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This is a parody, right?

Surely no-one that dumb could operate a phone let alone be a "CEO"

The opposite. CEOs necessarily need to trust others to do things because CEOs themselves don't have the ability to do the day to day work of a company.

So the first people who'd be overly trusting of things they don't understand would be exactly a CEO.

They may even have the ability. But unless you're running a very small company, they don't have the time to do actual things.

I would assume the competency of a CEO is in knowing who to trust and what tasks to delegate to whom. They appear to have failed in this regard.

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