'The potential is enormous, but garbage in, garbage out, and garbage all about,' Robert Thomson told analysts Thursday.
And now it intends to pursue a similar deal with the AI companies, some of whom are also the tech giants that gave in before.
Of course, Thomson also added a few linguistic flourishes, which have been a trademark of his tenure atop the media company. “We have been characteristically candid about the AI challenge to publishers and to intellectual property. It is essentially a tech triptych,” Thomson told analysts. “In the first instance, our content is being harvested and scraped and otherwise ingested to train AI engines. Ingestion should not lead to indigestion. Secondly, individual stories are being surfaced in specific searches.
But he also noted that the technology presented not only “a new stream of revenues” from AI players, but also allows the company “to reduce costs across the business.” “From the philosophical to the functional, there is no doubt that AI articulations will affect most sections of most companies, whether it be customer service, subscription management, chatbots, chitchatbots, text to audio and audio to video,” Thomson said, adding that the “efficiencies will be exponential.”“If fake news and deep fakes are a concern, the potential for sophisticated forgeries, for counterfeit content is almost endless,” Thomson added on the call.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
X Corp. CEO Linda Yaccarino says she has 'autonomy' under Elon MuskLinda Yaccarino in an interview with CNBC said that X Corp., previously known as Twitter, was a healthier safer place than before Elon Musk took it over.
Weiterlesen »
News Corp beats profit estimates on cost cutsNews Corp beat estimates for fourth-quarter profit on Thursday, benefiting from its cost-cutting measures and a rise in digital subscriptions for its Dow Jones news and data services.
Weiterlesen »
Philadelphia News: Local News, Weather, Traffic, Entertainment, and Breaking NewsStay updated with the latest Philadelphia news, including local news, weather updates, traffic reports, entertainment news, and breaking news. Get all the information you need from NBC10 Philadelphia.
Weiterlesen »
One of the fastest growing television networks is based in DallasDan Russell, President & CEO, EarthxTV joins David Johnson on this episode of CEO Spotlight.
Weiterlesen »
AMC 'killing it at the box office' but faces ongoing liquidity challenges, says CEOAMC is enjoying the box office success of summer hits such as “Barbie” and “Oppenheimer” but faces liquidity challenges, according to CEO Adam Aron.
Weiterlesen »
Dollar dominance: rising debt threatens the buck, Blackstone CEO saysRising US debt could chip away at the dollar's dominance, Blackstone boss Stephen Schwarzman warns
Weiterlesen »