Technology

Chinese metaverse company appoints a robot as its CEO

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2 years ago

September 1, 2022

Chinese metaverse company appoints a robot as its CEO

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In what sounds like a page from a science fiction novel, a Chinese metaverse company has just appointed a robot as its CEO.

NetDragon Websoft is a Chinese company that develops and operates multiplayer online games in addition to making mobile applications.

Last week, NetDragon announced the appointment of its new CEO ‘Ms. Tang Yu’, making her the world’s first robot to hold an executive position.

Tang Yu is an AI-powered virtual humanoid robot and has been appointed as the CEO of the company’s principal subsidiary, Fujian NetDragon Websoft.

As CEO, Tang Yu will be at the forefront of the company’s ‘organizational and efficiency department’.

The robot will be responsible for overseeing operations at the popular Chinese gaming and metaverse company.

‘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,’ said Dr. Dejian Liu, chairman of NetDragon.

By 2025, the worldwide metaverse market is expected to be worth $280 billion

Tang Yu will streamline process flow, enhance quality of work tasks, and improve speed of execution. She will also serve as a real-time data hub and analytical tool to support rational decision-making in daily operations, as well as to enable a more effective risk management system.

In addition, Tang Yu is expected to play a critical role in the development of talents and ensure a fair and efficient workplace for all employees.

‘Looking forward, 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,’

By 2025, the worldwide metaverse market is expected to be worth $280 billion with players like Microsoft and Meta investing in it.

Chinese companies have been quick to jump in on the potential of the metaverse. Earlier this year, companies such as Alibaba, Bytedance and Tencent announced that they were staking huge amounts of money on the metaverse.