Comment by dredmorbius
9 hours ago
This dates back to at least the late 1990s for financial reports. A friend demoed such a system to me at that time.
Much statistically-based news (finance, business reports, weather, sport, disasters, astronomical events) are heavily formulaic and can at least in large part or initial report be automated, which speeds information dissemination.
Of course, it's also possible to distribute raw data tables, charts, or maps, which ... mainstream news organisations seem phenomenally averse to doing. Even "better" business-heavy publications (FT, Economist, Bloomberg, WSJ) do so quite sparingly.
A few days ago I was looking at a Reuters report on a strategic chokepoint north of the Philippines which it and the US are looking toward to help contain possible Chinese naval operations. Lots of pictures of various equipment, landscapes, and people. Zero maps. Am disappoint.
Obviously the solution is to use AI to extract the raw data from their AI generated fluff.
It's like the opposite of compression.
>It's like the opposite of compression.
I believe the word is depression, which seems apt when thinking of the idea of people using AI to make content longer and then the readers all using AI to make it shorter again.
At least in the case of Bloomberg they would like you to pay for that raw data. That's their bread and butter.
True.
But there's the approach the Economist takes. For many decades, it's relied on a three-legged revenue model: subscriptions, advertising, and bespoke consulting and research through the Economist Intelligence Unit (EIU). My understanding is that revenues are split roughly evenly amongst these, and that they tend to even out cash-flow throughout economic cycles (advertising is famously pro-cyclical, subscriptions and analysis somewhat less so).
To that extent, the graphs and maps the Economist actually does include in its articles (as well as many of its "special reports") are both teasers and loss-leader marketing for EIU services. I believe that many of the special reports arise out of EIU research.
<https://www.eiu.com/n/>
<https://en.wikipedia.org/wiki/Economist_Intelligence_Unit>