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

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NetDragon CEO Tang Yu is a virtual humanoid robot

NetDragon will expand the algorithms behind Tang Yu to "gradually transform to a metaverse-based working community."

Credit: NetDragon

NetDragon Websoft announced last year it had appointed a bot as the CEO of its flagship subsidiary.

The firm's stock has risen in recent months, outpacing the Hong Kong market.

NetDragon Websoft announced last year that 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 Hong Kong market performance. 

The company's shares have risen by 10% over the past six months, per Google Finance.

At the time of the announcement, NetDragon said the bot would increase efficiency for decision-making and risk management, and help "ensure a fair and efficient workplace for all employees."

From Business Insider
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