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Stock impact report

Future legislation compensating news outlets for content must account for AI: report [BNN Bloomberg (Canada)]

News Corporation - Class B (NWS) 
US:NASDAQ Investor Relations: investors.newscorp.com/investor-relations
Company Research Source: BNN Bloomberg
The experts behind a report released this week to analyze Canada's Online News Act say it's important for the popular technology to figure into future policies because the news industry's battleground for fairness and compensation is shifting from platforms to AI chatbots. “More and more people are going to chatbots to get information and these chatbots are probably not necessarily going to be citing news organizations,” said Sophia Crabbe-Field, lead author of the report compiled by the Centre for Media, Technology and Democracy at McGill University in Montreal. “(AI firms) are becoming these huge, billion-dollar companies off of the information that comes from news.” By interviewing media and tech experts and looking at other research and news reports, the McGill investigators concluded AI companies are scrambling for high-quality content to train their models, which has led them to news outlets and their content. In most cases, news outlets never provided express permissio Show less Read more
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