/ News

30.01.2015

AP's 'robot journalists' are writing their own stories now

Minutes after Apple released its record-breaking quarterly earnings this week, the Associated Press published (by way of CNBCYahoo, and others) "Apple tops Street 1Q forecasts." It's a story without a byline, or rather, without a human byline — a financial story written and published by an automated system well-versed in the AP Style Guide. The AP implemented the system six months ago and now publishes 3,000 such stories every quarter — and that number is poised to grow.

Quarterly earnings are a necessity for business reporting — and it can be both monotonous and stressful, demanding a combination of accuracy and speed. That's one of the reasons why last summer the AP partnered with Automated Insights to begin automating quarterly earnings reports using their Wordsmith platform.

You wouldn't necessarily know it at first blush. Sure, maybe reading it in the context of this story it's apparent, but otherwise it feels like a pretty standard, if a tad dry, AP news item. The obvious tell doesn't come until the end of an article: "This story was generated by Automated Insights." According to AI's public relations manager James Kotecki, the Wordsmith platform generates millions of articles per week; other partners include Allstate, Comcast, and Yahoo, whose fantasy football reports are automated. Kotecki estimates the company's system can produce 2,000 articles per second if need be.

"I wouldn't expect a good journalist to not be skeptical."

Philana Patterson, an assistant business editor at the AP tasked with implementing the system, tells us there was some skepticism from the staff at first. "I wouldn't expect a good journalist to not be skeptical," she said. Patterson tells us that when the program first began in July, every automated story had a human touch, with errors logged and sent to Automated Insights to make the necessary tweaks. Full automation began in October, when stories "went out to the wire without human intervention." Both the AP and Automated Insights tell us that no jobs have been lost due to the new service. We're also told the automated system is now logging in fewer errors than the human-produced equivalents from years past.

Ten times as many reports every quarter — and no jobs cut

Before this program was implemented, the AP estimates it was doing quarterly earnings coverage for about 300 companies. Now it automates 3,000 such reports each quarter. Of those, 120 will have an added human touch, either by updating the original story or doing a separate follow-up piece. One such company is Apple; as Patterson notes, that automated Apple story freed up reporter Brandon Bailey to focus on this angled, more nuanced report contextualizing the company's earnings along with quotes from Apple executives. Others include Google, Coca-Cola, and American Airlines. 180 more are monitored to see if a follow-up is needed.

Then there are ten companies that aren't automated at all due to the nuance of their reports — companies like Citigroup and Wells Fargo. Patterson says all these lists are re-evaluated and updated every quarter.

Since the partnership began, elements like business descriptions and forward-looking guidance has been added to the platform's skill list. The next step is expansion — more than 1,000 Canadian companies plus a few elsewhere around the world. Patterson also told us the AP is starting to look at other uses outside of earnings reports.

So no, computers are not taking journalists' jobs — not yet, at any rate. Instead, they're freeing up writers to think more critically about the bigger picture. "One of the things we really wanted reporters to be able to do was when earnings came out to not have to focus on the initial numbers," said Patterson. "That's the goal, to write smarter pieces and more interesting stories."

This story was generated by a Homo sapiens who really wanted to use this Shutterstock photo as the lead image:


Source: http://www.theverge.com/2015/1/29/7939067/ap-journalism-automation-robots-financial-reporting




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Founded by Russian entrepreneur Dmitry Itskov in February 2011 with the participation of leading Russian specialists in the field of neural interfaces, robotics, artificial organs and systems.

The main goals of the 2045 Initiative: the creation and realization of a new strategy for the development of humanity which meets global civilization challenges; the creation of optimale conditions promoting the spiritual enlightenment of humanity; and the realization of a new futuristic reality based on 5 principles: high spirituality, high culture, high ethics, high science and high technologies. 

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A large-scale transformation of humanity, comparable to some of the major spiritual and sci-tech revolutions in history, will require a new strategy. We believe this to be necessary to overcome existing crises, which threaten our planetary habitat and the continued existence of humanity as a species. With the 2045 Initiative, we hope to realize a new strategy for humanity's development, and in so doing, create a more productive, fulfilling, and satisfying future.

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2015-2020

The emergence and widespread use of affordable android "avatars" controlled by a "brain-computer" interface. Coupled with related technologies “avatars’ will give people a number of new features: ability to work in dangerous environments, perform rescue operations, travel in extreme situations etc.
Avatar components will be used in medicine for the rehabilitation of fully or partially disabled patients giving them prosthetic limbs or recover lost senses.

2020-2025

Creation of an autonomous life-support system for the human brain linked to a robot, ‘avatar’, will save people whose body is completely worn out or irreversibly damaged. Any patient with an intact brain will be able to return to a fully functioning  bodily life. Such technologies will  greatly enlarge  the possibility of hybrid bio-electronic devices, thus creating a new IT revolution and will make  all  kinds of superimpositions of electronic and biological systems possible.

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This is the time when substance-independent minds will receive new bodies with capacities far exceeding those of ordinary humans. A new era for humanity will arrive!  Changes will occur in all spheres of human activity – energy generation, transportation, politics, medicine, psychology, sciences, and so on.

Today it is hard to imagine a future when bodies consisting of nanorobots  will become affordable  and capable of taking any form. It is also hard to imagine body holograms featuring controlled matter. One thing is clear however:  humanity, for the first time in its history, will make a fully managed evolutionary transition and eventually become a new species. Moreover,  prerequisites for a large-scale  expansion into outer space will be created as well.

 

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