A Video Game Company Made a Bot the CEO, and Its Stock Climbed

Even before AI chatbot ChatGPT made headlines late last year, a video game company said it had already made a bot its CEO. An anonymous reader shares a report: In August, the Chinese gaming company NetDragon Websoft announced it had appointed an "AI-powered virtual humanoid robot" named Tang Yu as the chief executive of its subsidiary, Fujian NetDragon Websoft. NetDragon stock has since outperformed the Hang Seng Index, which tracks the biggest companies listed in Hong Kong, per The Hustle. The company's shares have risen by 10% over the past six months, per Google Finance, and is worth about HK$9 billion ($1.1 billion). At the time of the announcement, NetDragon said the bot would increase efficiency for decision-making and risk management, as well as help "ensure a fair and efficient workplace for all employees." "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," NetDragon chairman Dejian Liu said in a press release. "We will continue to expand on our algorithms behind Tang Yu to build an open, interactive and highly transparent management model as we gradually transform to a metaverse-based working community."

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