V.C. Firm Names Robot To Board of Directors

In case you needed more proof that all our jobs will one day be occupied by robots, a Hong Kong V.C. firm has just named an artificial intelligence tool to its board of directors. The company’s also insisting the tool will be treated as an “equal” to the other board members.

Sure, it’s all probably a bid for press — but it’s still pretty funny.

A press release from Aging Analytics UK, a company that conducts research on biotechnology and regenerative medicine, made two announcements this morning: first, that they’ve launched an new A.I. tool called VITAL (Validating Investment Tool for Advancing Life Sciences); and second, that they’ve licensed VITAL to Hong Kong V.C. firm Deep Knowledge Ventures, where the tool will become an “equal member of its Board of Directors.”

Yes, that means it’ll have exactly the same power as a living, breathing, presumably college-educated human being.

Read more at http://betabeat.com/

Related Posts

  • 79
    Square’s recent troubles are not exactly a secret. The Wall Street Journal published a detailed analysis on April 21, detailing Square’s financial troubles and its rapidly shrinking cash position. Square took on a $100 million debt financing option earlier this year, but even with that option, WSJ and The Verge reported that the…
    Tags: startup, economy
  • 70
    Venture capitalists are spending their money on more established companies rather thanyoung startups, according to data from the first quarter of this year. According to the latest MoneyTree report--which was put together by the National Venture Capital Association and consulting company PricewaterhouseCoopers--there were only nine seed-stage investments in the Bay Area during…
    Tags: company, startup, economy
  • 68
    When Aaron and Adora Cheung launched house cleaning service Homejoy two years ago, they took their research seriously — they worked as traditional house cleaners for a month, and they discovered two things right away: 1) Cleaning people’s homes is really really hard; and 2) the current system was so broken and inefficient that there was opportunity to change everything.…
    Tags: launched, read, second, startup, economy
  • 65
    The world of labor is changing. Through laptops and mobile devices, a new world of services is becoming more accessible. The platforms enabling such services are also providing new homes for a rising entrepreneurial class of worker who is no longer being defined by the cubical. It’s becoming clear, that…
    Tags: will, life, economy, startup
  • 62
    Arnaud Montebourg has a huge responsibility now. He’s France’s minister of the economy, industrial renewal, and the digital economy. He just signed a decree that allows the government to prevent acquisitions of French companies by foreign firms in multiple industries, including “electronic communications”. As a reminder, he’s the one who killedDailymotion’s acquisition by Yahoo.…
    Tags: startup, company, economy, read