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ByteDance CEO Says Company Lagging Behind in the AI Race

  Liang Rubo, CEO of ByteDance which is the parent company of TikTok, has issued  a warning  stating that the company is being too slow in its adoption of AI, pointing to GPT-1 being launched back in 2018. In spite of the fact that this is the case, TikTok didn’t start looking into generative AI until the middle of 2023, and that might end up making the platform stagnate at this current point in time. With all of that having been said and now out of the way, it is important to note that Liang issued these statements at a meeting in Singapore. He stated that his company isn’t all that great at spotting new up and coming tech, and this might end up making future growth a lot harder than might have been the case otherwise. Currently, Google and Microsoft have already launched their own AI models, and that is largely due to them being early adopters of the tech. While ByteDance has conducted some experiments with AI based chatbots, including Cici and ChitChop for foreign mar...