How AI impacts local news models

AI News


Mark Caro | Local News Initiative

The collapse of mainstream news media's financial model is not just affecting struggling journalists and the people who consume their work. It could also pose a threat to democracy, creating vast news deserts and creating opportunities for malicious players to fill the void with misinformation and disinformation. Given these high stakes, philanthropists, business experts, politicians and others are devoting time, energy and hundreds of millions of dollars to help sustain local news.

In these challenging times, it's understandable that some in the industry are looking at the next technology-driven revolution with trepidation. Since Open AI published his ChatGPT on November 30, 2022, generative artificial intelligence has had an explosive impact on journalism and broader culture.

ChatGPT, which stands for Chat Generative Pre-Trained Transformer, is a large language model-based chatbot that can create content based on input prompts. ChatGPT has more than 100 million users signed in within its first two months on the market, and global financial firm UBS has made ChatGPT the fastest-growing consumer software in history. considered to be an application.

The project is based on interviews with journalists, academics, philanthropists, and technology experts around the world and aims to identify the potential risks and benefits of generative AI to local news business models and journalism itself. I am.

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