A Chinese company specializing in games, NetDragon, put during the month of August last year to an artificial intelligence as its CEO in one of its main subsidiaries. Specifically, he started his tenure at the company’s main subsidiary, Fujian NetDragon Websoft.
And this has brought various conclusions and even an interesting debate that suggests that it would still be better replace top managers with machines instead of looking for how to replace the workers.
Now, according to the data of the company that have been published, their have risen on the Hong Kong stock marketwith the leadership of this AI named Tang Yu, according to the data shown in The Hustle.
Wow, a Chinese gaming co installed an AI CEO at one of their main subsidiaries in August. Stock outperformed.
Tang Yu was responsible for all of the typical duties: reviewing high-level analytics, making leadership decisions, assessing risks, & fostering an efficient workplace. pic.twitter.com/1enFClbS2J
— Rui Ma 马睿 (@ruima) March 15, 2023
Also, until now, the fact of having a CEO who is not human, but artificial intelligence, has not had catastrophic consequences for NetDragon Websoft.
Yu is like the dream of great leaders who are abusive of workers’ rights: “I worked 24 hours a day, 7 days a week, did not sleep and made 0 dollars a year“. (although this does not take into account what it cost to create it previously).
ZAO, the Chinese MOBILE APP that through DEEPFAKE turns you into DICAPRIO in SECONDS
Replace the CEOs and not the workers
This debate stands out more now than artificial intelligences are appearing on the market with never-before-seen capabilities that could replace people in some jobs.
This same week the long-awaited GPT-4 arrived and we have already verified that there are developer tasks that you can make, like games or a web from a sketch.
Tang Yu, who was named the technological or non-human CEO, was responsible for all the typical tasks of this position such as reviewing high-level analysis, making leadership decisions, assess risks and make decisions to promote an efficient workplace.
The McKinsey Global Institute recently predicted that 45 million workers, or about 28% of the entire American workforce, would lose their jobs to automation by 2030. Most automation efforts or whenever we talk about it, we mention replacing wage workers.
But, as The Hustle mentions, while executives at the top of companies celebrate the virtues of cutting costs using AI, they rarely seem to focus attention on cutting their own positions.
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Cover Image | Charles de Luvio on Unsplash
Image 2 | Edge on Unsplash