02_The Global Investor_Summer_Edition_2021

Page 20

the global investor

How AI can save JOURNALISM

Patrick White, professeur de journalisme, Université du Québec à Montréal (UQAM)

T

he economic fallout from the COVID-19 pandemic has caused an unprecedented crisis in journalism that could decimate media organizations around the world. The future of journalism — and its survival — could lie in artificial intelligence (AI). AI refers “to intelligent machines that learn from experience and perform tasks like humans,” according to Francesco Marconi, a professor of journalism at Columbia University in New York, who has just published a book on the 20

subject: Newsmakers,Artificial Intel- been closely following the evolution ligence and the Future of Journalism. of this profession since 1990, and I Marconi was head of the media am mostly in agreement with him. lab at the Wall Street Journal and the Associated Press, one of the largest news organizations in the world. His thesis is clear and incontrovertible: the journalism world is not keeping pace with the evolution of new technologies. So, newsrooms need to take advantage of what AI can offer and come up with new a business model.

In Canada, The Canadian Press news agency is, for example, one of the rare media outlets to use AI in its newsrooms. It has developed a system to speed up translations based on AI. The _Agence France-Presse_ news agency (AFP) also uses AI to detect doctored photos.

owners are missing out and AI needs to be at the heart of journalism’s business model in the future. As a professor of journalism at the Université du Québec à Montréal, I have

Artificial intelligence is not there to replace journalists or eliminate jobs. Marconi believes that only eight to 12 per cent of reporters’ current tasks will be taken over by

AI does not replace For Marconi, journalists and media journalists

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A phantom risk?

11min
pages 99-103

Rejected in isolation: 24 strangers, 1 COVID-19 APP, and 6 lessons on ‘how to fail successfully’ as a tech entrepreneur

5min
pages 96-97

Estonia: A small country that conceals great digital possibilities

3min
pages 92-93

Virgin Atlantic Bailout

5min
pages 94-95

Operational Risk expert on the real cost of businesses returning to ‘normality’

2min
page 98

Brazil’s investors withdraw en masse for fears of Bolsonaro

4min
pages 88-89

Ireland Railing Against deficit and job losses

4min
pages 86-87

Glimmer of hope as UK economy starts to emerge from the ashes Majority of businesses have a positive outlook for next 12 months

5min
pages 90-91

EU budget chief seeks backing for business levy to fund recovery

4min
pages 84-85

Interview - Steven Koch

6min
pages 82-83

Blockchain Technology and the Banking Industry Changes Are Here and Here To Stay

5min
pages 80-81

The Revolution of 3d Printing

5min
pages 78-79

Dark Clouds Over EU’s Manufacturing Industry: Worst Numbers in Six Years

3min
pages 76-77

European Commission announces targeted “quick fix” amendments to EU banking rules

4min
pages 70-71

Putting change management at the heart, and start, of hr projects

4min
pages 72-73

Your Brand: What’s at Risk?

5min
pages 74-75

3D Printed Drugs - A Godsend

3min
pages 68-69

A Hub for the Global Enterprise: Why You Should Consider Starting a Business in Bermuda

6min
pages 66-67

Interview - Thomas Dunstan

6min
pages 63-65

The implications of Brexit for the UK Economy

6min
pages 60-61

Global stocks rise after Trump holds back on China retaliation

2min
page 62

Why now is the time to Tokenize the World

4min
pages 56-57

AI In Banking: Hype Or Revolution

5min
pages 58-59

Digital and Physical Worlds Set to Collide as Cybersecurity Takes Center Stage

4min
pages 54-55

Health and Wealth: The Covid Crisis

6min
pages 48-50

Integrating urban and rural safety nets in Africa during the pandemic

6min
pages 28-30

Interview - Graham Bright

14min
pages 42-47

The Future of the airline Industry

17min
pages 32-37

Strong Real Estate Sector Despite All the Challenges: Qatar Shows Us How

5min
pages 38-39

Global Trade is Not the Same Anymore: How New Trends and Demands Changed the Game

5min
pages 40-41

The challenges and complexities of restarting a business after lockdown

2min
page 31

South Africa: A Rainbow in the Rain

4min
pages 26-27

Blogger

15min
pages 10-13

First Stop Shop - Durban

4min
pages 24-25

Atradius and Kemiex shake-up the raw material trading landscape in pharma, veterinary, food and feed

3min
pages 18-19

‘Denmark’s supply chain finance programme targets business bounce back with $55bn working capital injection.’

4min
pages 16-17

News

9min
pages 7-9

How AI can save JOURNALISM

4min
pages 20-21

The remaking of Elusive Elon Musk

5min
pages 14-15

Why Africa should focus on industrialisation to increase free trade

4min
pages 22-23
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