Could An AI Robot Run Your Company? 7wData

We ask Siri for recommendations on where to eat, ask Google for directions to the restaurant, ask our car to play music or make a phone call, ask our house to turn on the lights and the heat before we get home. Deep Knowledge Ventures, a Hong Kong-based life science venture capital company, has already appointed an AI robot to its board of directors. The robot, called Vital (Validating Investment Tool for Advancing Life Sciences) was designed to analyze trends in the data of certain companies in an effort to predict successful investments. Vital is an equal member of the board and is expected to eventually be given an equal vote in all financial decisions made by the company. "The variables involved in the long-term success of a biotechnology company are many and complex," Deep Knowledge Ventures said in a statement.