In a recent meeting, Liang Rubo, the co-founder and CEO of ByteDance, urged his employees to resist mediocrity. ByteDance, the parent company of TikTok, has been struggling to keep up with the rapid development of Artificial Intelligence (AI) and Liang Rubo is the latest Chinese tech leader to warn his employees about staying behind in this rapidly evolving field.
“We haven’t been sensitive enough to external changes,” stated Liang in a message on the company’s official WeChat account. He highlighted the lack of discussions about GPT (Generative Pre-trained Transformer) during their semi-annual technical review, even though GPT-1 was released by OpenAI in 2018. Liang emphasized the need for a new entrepreneurial spirit within the company, expressing his fear that ByteDance could fall into the trap of mediocrity.
Despite these concerns, Liang maintained a positive outlook, stating that ByteDance is performing well and has many exciting prospects ahead. Last year, the company released their chatbot, Doubao, without much fanfare. In December, it was reported that ByteDance was using OpenAI’s technology to develop their own large-scale language model. However, OpenAI later terminated their partnership with the Chinese company.
In the competitive landscape of China, Baidu Inc., another tech giant, has claimed that their chatbot, Ernie, is at least as good as OpenAI’s advanced GPT-4. Baidu’s Ernie Bot has already attracted over 100 million users since its public release in August.
Despite ByteDance’s challenges, the company’s sales have surged in 2023, surpassing $110 billion, according to Bloomberg News. This growth indicates that TikTok’s ambitious e-commerce plans are driving the company forward, even during an economic crisis.
1. Who made the call to resist mediocrity among the employees of ByteDance?
Liang Rubo, co-founder and CEO of ByteDance.
2. Which company now shares the same concerns about organizational issues as Jack Ma and Richard Liu?
Alibaba Group Holdings Ltd. and JD.com Inc.
3. What technology did ByteDance recognize late in its development?
Artificial Intelligence (AI).
4. What kind of entrepreneurial spirit does Liang want to bring to the company?
A new entrepreneurial spirit.
5. Which company is leading the competition in China?
6. How much have ByteDance’s sales increased in 2023?
ByteDance’s sales have surpassed $110 billion, potentially overtaking Tencent Holdings Ltd.
– ByteDance: ByteDance is a Chinese tech company founded in 2012, known for its social media platform, TikTok.
– GPT: Generative Pre-trained Transformer (GPT) is a language model based on machine learning, used for automated text generation.
– Chatbot: A chatbot is a computer agent that communicates with humans through natural language understanding and responses.
Recommended relevant links:
– TikTok: Official website of TikTok, the social media platform owned by ByteDance.
– Baidu: Official website of Baidu Inc., another major tech company in China.