Algorithm appointed board director” was the title of an article on the BBC News website on May 16, 2014. “Artificial intelligence gets a seat in the boardroom” was a similar headline three years later on 17th May 2017 on the Nikkei Asian Review news website.
Both articles were referring to a computer algorithm called Vital that had been “appointed” to the board of directors of a Hong Kong venture capital firm known as Deep Knowledge Ventures. Citing the Nikkei Asian Review article, “Dmitry Kaminskiy, managing partner of Deep Knowledge Ventures (DKV), believes that the fund would have gone under without Vital because it would have invested in "overhyped projects." Vital helped the board to make more logical decisions, he said.”
