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ByteDance CEO warns employees against mediocrity amid AI disruption

Feb 05, 2024 - pocketgamer.biz
ByteDance CEO Liang Rubo has warned employees that the company risks becoming complacent and falling into mediocrity due to challenges from emerging startups. He noted that ByteDance's growth has led to decreased efficiency and a lack of sensitivity to new technologies, such as AI, which the company has been slow to adopt. Despite being a leader in algorithms with apps like TikTok, Douyin, and Toutiao, ByteDance has been lagging in the AI race.

Liang highlighted the company's delayed entry into AI foundation models and criticized its internal bureaucracy, which has slowed down project completion. In response to these issues, ByteDance has recently shifted its focus towards AI, discontinuing its plans with video games and experimenting with AI-powered chatbots like “Doubao" in China and “Cici" and “ChitChop" overseas.

Key takeaways:

  • ByteDance CEO Liang Rubo warned employees about the risk of complacency and mediocrity due to challenges from emerging startups.
  • Liang criticized the company's decreased efficiency and lack of sensitivity to new technologies, particularly AI trends.
  • Despite being a leader in algorithms and frequently releasing mobile apps, ByteDance is lagging in the ongoing AI race.
  • ByteDance has shifted its focus towards AI, discontinuing its plans with video games and experimenting with AI-powered chatbots.
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