Meet 'Tang Yu', the first AI CEO of a company

While the Artificial Intelligence advances between companies and social sectors, a video game company from China decided to nominate one AI CEO. Meet the 'Mrs. Tang Yu' as chief executive of its subsidiary, 'Fujian NetDragon Websoft'.

An Artificial Intelligence as CEO

If some companies are starting to incorporate the CatGPT-4 or the Microsoft 365 Copilot in their work routines and already viewing this as extremely futuristic, a Chinese company decided to go much further and bet everything on Artificial Intelligence. That's because since August last year, 'NetDragon Websoft' has a AI CEO very peculiar in its main function: Artificial Intelligence'Tang Yu'.

'Tang Yu' is responsible for making risk decisions, making assessments and analyzes considered complex and managing functions and demands within the company. Furthermore, the new AI CEO he works 24 hours a day, 7 days a week and receives a salary of $0. Sounds comfortable, doesn't it?! But it gets even better…

That's because since 'Tang Yu' took over as CEO of the company, the results are quite positive and significant: the company has expanded by 10% in the last six months, according to 'Google Finance', and is worth around HK$9 billion (US$1,1 billion). Another justification that the company gave for the appointment of 'Tang Yu', is that according to them, having a AI CEO would ensure a fairer and more egalitarian work environment.

“We believe AI is the future of enterprise management and our appointment of Ms. Tang Yu represents our commitment to truly embrace using AI to transform the way we operate our business and ultimately drive our future strategic growth.”

Dejian, President of NetDragon

The NetDragon

Founded in 199, the NetDragon is a company already established in the market and famous for having developed games such as “Eudemons Online”, “Heroes Evolved” and “Conquer Online”, also having made the first online game portal in China, 17173.com.

The company took this decision because it believes that Artificial Intelligence was created above all for this purpose of managing, analyzing and making decisions in an assertive, practical and efficient way. The company's numbers and results so far seem to solidify and confirm what the company says.

Even so, the NetDragon it is the first company to make such a decision that we know of, but obviously it will not be the last.

In 2017 the founder of Alibaba, Jack Ma predicted that “a robot will probably be on the cover of Time magazine as the best CEO in 30 years”.

Automation in positions

In the coming years we can expect a lot of automation in positions and functions in companies. The economy will likely find a way to regulate itself and reallocate people into new jobs and positions, as artificial intelligence advances across sectors.

O McKinsey Global Institute predicted recently that 45 million workers , or approximately 28% of the entire American workforce, would lose their jobs to automation by 2030. With the expansive and rapid advancement that the IA has shown, we do not doubt that this will happen much sooner, including.

This news usually makes directors and those who occupy high-class executive positions in companies a lot happy, because the cost reductions with work automation are very significant. In addition to the wage reduction, there is no concern with labor rights and expenses and the possibility of a very extensive workday.

But with the functionality and good performance of the 'Tang Yu' as CEO, perhaps these directors may for the first time feel the AI ​​spotlight turning on them. This is because, according to surveys, the salary of a CEO it costs an average of 20 employees to pay a company, and this is partly justified by the unique decision-making and analysis functions of a CEO.

Because of this, it was always taken for granted that it was impossible to automate such a function, but apparently, the 'Tang Yu' has numbers that prove the opposite.

Do you think that companies will soon be coordinated and directed by artificial intelligence? Leave your comment!

SOURCE: The Hustle, Insider