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May 22 2014

Investment Company Elevates a Robot Board Member

aiRecently a Hong Kong-based investment company, Deep Knowledge Ventures, added a new board member. Usually this kind of news is nothing that anyone anywhere would ever care about. Ever. But in this case we do care because we can mark the date in the history of the downfall of the human species. “Why?” I’ll tell you why. This new board member is a artificial intelligence wielding robot.

In this case A.I. is a sophisticated machine learning program capable of making investment recommendations in the life science sector dubbed VITAL (Validating Investment Tool for Advancing Life Sciences). It basically uses machine learning to analyze financing trends in databases of life science companies and predict successful investments. Aging Analytics, a UK research agency providing life science market, licensed VITAL to Deep Knowledge Ventures. VITAL will report its findings to the board. In addition, it will have an own equal vote in the company´s board when making important investment decisions. The company expects that its opinion will be considered as the most relevant one.

As much as I would like to cheer Deep Knowledge Ventures for their advancement in technology, They should be shamed for giving such power to a robot. First they have a vote, then they want fair wages, and the next thing you know we’ve got a robot sitting the jade throne as the overload of earth.

Or maybe I’m reading into this too much. More than likely the AI board member is actually just a dumb terminal with some investment guru that they modeled Bradley Cooper’s character in Limitless on typing away on the other side.

Thanks to whichever coworker it was that shared this with me. You know who you are even if I don’t remember.

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