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bytedance ceo ai wave staff resist pepe unchain Bnb Eth XRP aave Bitcoin crypto futures

Why did ByteDance's CEO warn employees to resist mediocrity?

(Bloomberg) -- ByteDance Ltd.’s chief urged his staff to resist mediocrity after the company missed the initial wave of generative AI development, becoming the latest Chinese corporate leader to warn employees against falling behind in a fast-changing environment.

Does ByteDance have AI?

ByteDance CEO warns employees about AI disruption and risks of complacency. The company is behind in AI race compared to startups with better models. ByteDance is increasing focus on AI and testing AI-powered chatbots. Baidu's Ernie Bot competes with OpenAI's GPT-4.

Was ByteDance late to recognize generative AI?

In a company-wide meeting on Tuesday, co-founder and Chief Executive Officer Liang Rubo told workers to adopt a sense of crisis — suggesting social video pioneer ByteDance was late to recognize the advent of game-changing technologies such as generative AI.

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