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AI Businesses

ByteDance CEO Urges Staff To Resist Mediocrity After Missing Initial AI Wave (bloomberg.com) 24

ByteDance'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. From a report: 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. He joins Alibaba Group's Jack Ma and JD.com's Richard Liu in voicing concern about organizational problems in the face of rising competition. "We are not sensitive enough to external changes," Liang said, according to a post on the company's official WeChat account. "During our semi-annual technical review, discussions related to GPT did not emerge until 2023, despite GPT-1 being released in 2018."
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ByteDance CEO Urges Staff To Resist Mediocrity After Missing Initial AI Wave

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  • My son is applying for an ML internship, and there are a lot of them at ByteDance.

    They are also hiring a lot of full-time ML engineers.

  • Resist mediocrity? (Score:5, Insightful)

    by hdyoung ( 5182939 ) on Wednesday January 31, 2024 @09:16AM (#64203326)
    That requires real risk taking, which is really hard when the government punishes standouts so severely. The article mentions Jack Ma, which is telling, because his circumstance is the REAL lesson that Chinese workers will take home: one wrong word, and you can disappear for 8 months, reappear 20 pounds lighter and very contrite, having lost your position, your company, and a big chunk of your money. Yeah, Im sure that TONS of ambitious Chinese workers (who are generally just as good as western ones) are gonna be super enthusiastic about taking risks, amirite?
    • ByteDance has several research centers in America, including in San Francisco, Mountain View, and NYC.

      They learned from what happened to Jack Ma, and are spreading the risk.

      • During the last round China made several publicly traded companies deregister and bring their operations back to China. "Spreading the risk" doesn't mean shit unfortunately as the takeaway from Jack Ma is as long as the company heads live in China you'll do as they say.

        • During the last round China made several publicly traded companies deregister and bring their operations back to China.

          That thing the US "cannot" do to put the NAFTA genie back in the bottle.

          • On one level I can't say China is philosophically wrong. They have seen what has happened in the U.S. as our tech companies have run amok with no way to control them. So China decided to grab the bull by the balls before it got too big. The flip side of that is happening now as multi-nationals make their displeasure known and pull capital out of the Chinese stock markets.

            I'm guessing there is a happy medium in there somewhere.

        • as long as the company heads live in China you'll do as they say.

          ByteDance is incorporated in the Cayman Islands.

          The CEO lives in Singapore, not China.

    • by Tablizer ( 95088 )

      > you can disappear for 8 months, reappear 20 pounds lighter...

      The Xi Diet works wonders!

    • That requires real risk taking, which is really hard when the government punishes standouts so severely.

      Or, as the legendary Barney Stinson has remarked, "Because that's who corporate America wants. People who seem like bold risk takers, but never actually do anything. Actually doing things gets you fired [youtube.com]."
  • they can point out to him that not jumping the bandwagon of degenerative "ai" is actually one indicator of potentially being above "mediocrity".

  • Translation: (Score:4, Interesting)

    by doubledown00 ( 2767069 ) on Wednesday January 31, 2024 @09:37AM (#64203394)

    "Find me some AI products we can steal and incorporate."

  • If your company misses something important is that on the staff or the management?

    • If your company misses something important is that on the staff or the management?

      Both.

      The employees should come up with ideas.

      The management should recognize the good ideas and allocate resources.

    • It's not an issue for management, but for leadership - AKA, the people now complaining and blaming their employees for their own failure.

      If the employees didn't feel free to work on or push for these ideas, that's because the corporate leadership instilled a culture of discouragement. Thus, the fault lies with the leadership, not the employees or middle managers.

      Though as I write this it occurs to me that it may also be an issue of national culture. Neither Confucianism nor Communism encourage innov

      • Management/leadership same difference. There should be a technical management/leaders that are setting this kind of direction. Its the CTO job.

    • by Anonymous Coward
      This is not a company, it is a CCP propaganda machine.
  • Melania: "Be best"

    ByteDance: "Be non-mediocre"

    Mel's is more compact. She be best.

Technology is dominated by those who manage what they do not understand.

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