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.