Microsoft cuts editorial staff, to replace them with AI: Report
Microsoft is reportedly laying off at least 50 news production workers and replacing them with artificial intelligence (AI)-based algorithms to perform their editorial duties.
Microsoft is reportedly laying off at least 50 news production workers and replacing them with artificial intelligence (AI)-based algorithms to perform their editorial duties. According to a report in the Seattle Times on Saturday, the roughly 50 employees contracted through staffing agencies Aquent, IFG and MAQ Consulting have been notified "that their services would no longer be needed beyond June 30".
These news production contractors work with Microsoft News, the company`s news content arm that operates MSN.com and other properties.
A Microsoft spokesperson said in a statement that like all companies, they evaluate business on a regular basis.
See Zee Business Live TV streaming below:
"This can result in increased investment in some places and, from time to time, redeployment in others. These decisions are not the result of the current pandemic," said the Microsoft spokesperson.
Some employees told Seattle Times that "MSN will use AI to replace the production work they`d been doing".
The work includes using algorithms to identify trending news stories from dozens of publishing partners, rewrite headlines or adding better photographs or slide shows.
Besides the production work, the contract employees also planned content, maintained the editorial calendars of partner news websites and assigned content to them.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Senior Citizen Latest FD Rates: Know what major banks like SBI, PNB, Canara Bank, HDFC Bank, ICICI Bank are providing on fixed deposits
Gratuity Calculator: Rs 38,000 as last-drawn basic salary, 5 years and 5 months of service; what will be gratuity amount?
EPFO Pension Schemes: Early pension, retirement pension, nominee pension and 4 other pension schemes that every private sector employee should know
Top 5 Small Cap Mutual Funds with best SIP returns in 1 year: See how Rs 25,000 monthly investment has grown in each scheme
Top 7 SBI Mutual Funds With Best SIP Returns in 1 Year: Rs 25,000 monthly SIP investment in No.1 fund has jumped to Rs 3,58,404
11:01 AM IST