Journalism TechnologyOctober 23, 2020
All of us have a book in them. But not everyone has tens of thousands of books in them. The simple fact that you may not have read Philip M Parkers novels is something of a miracle, given that he’s written one or more million titles. His name is on numerous functions and he makes Stephen King seem positively lazy. Nevertheless, Parker had help. He’s the world’s most successful author because of a series of computer algorithms he’s developed that may automatically generate books, crossword puzzles as well as poetry. During His company, Icon Group International, Parker creates many titles which are printed on demand, which vary from books on medication to Indian bathroom mats.
It may be in the opposite end of the publishing business to the bestsellers list, however it is rewarding. It is a means to an end to conquer certain market failures, to cover subjects which human writers can’t or will not ever cover, nevertheless to cover what is a Need, said Parker, an economist in INSEAD’s business school INSEAD. Automation is a technique of reducing the costs of manufacturing, a common issue in all businesses, he told Metro. This hasn’t been lost on the media industry, that kissed its printing presses a long ago. But now it’s not the machinery that’s under threat it might be the journalists themselves.
The Associated Press news agency has only started using technology that will mechanically generate tens of thousands of financial reports without the necessity of reporters. It’ll utilize the Wordsmith platform, developed by US company Automated Insights, to pump out 15 times longer tails than could be done by journalists’ hands. The articles will be failures of companies earning reports and will be up to 300 words long. Our technology goes places humans do not, said James Kotecki, from Automated Insights, that counts Samsung, Yahoo! and the National Football League amongst its clients. In APs case, Wordsmith will write tens of thousands of earnings tales that wouldn’t have otherwise existed.
Wordsmith operates at a speed and scale humans can’t match. Our technology frees journalists to do longer intriguing work. This is also the case put forward by AP: which leaving the information to the robots will give real journalists longer time to do some digging and produce longer meaningful analysis. The news bureau insists no journalist will be fired. Wordsmith is only one of the emerging automatic news programmes out there. Yep, right. Automated Insights’ major rival is Narrative Science, a tech company turning information into stories for customers like business magazine Forbes, using software called Quill. Earlier this year, an article on the LA Times web site about an earthquake was mechanically generated within minutes using an .