A video game company that appointed an artificial intelligence bot as its chief executive has announced a market-beating stock increase.
China-based NetDragon Websoft named the AI program Tang Yu as its CEO in August, tasked with supporting decision making for the company’s daily operations.
The “AI-powered virtual humanoid robot” has managed to outperform Hong Kong’s Hang Seng Index in the six months since it was appointed.
“We believe AI is the future of corporate management, and our appointment of Ms Tang Yu represents our commitment to truly embrace the use of AI to transform the way we operate our business and ultimately drive our future strategic growth,” company founder Dejian Liu said at the time of the bot’s hiring.
Dr Liu added that the appointment was part of the firm’s strategy to transform into a “metaverse-based working community”.
The company claims to be the first in the world to put an AI-powered bot in charge of its operations, though Alibaba CEO Jack Ma has predicted that in the future “a robot will likely be on the cover of Time magazine as the best CEO”.