Now here is a novel method to make sure that robots are able to help us out in our lives, making it better through the use of automation technology in order to write its earnings reports. In fact, The Associated Press (AP) claims to have generated 3,000 stories each quarter, which is ten times its previous output. This particular nugget of information hails from Automated Insights, which is the company behind the automation. Apart from that, it is said that these robot-generated stories also carried a whole lot less errors in comparison to the ones written by actual journalists.
The Associated Press started to publish earnings reports with the help of automation technology in July for various companies that include, but are not limited to, Hasbro Inc., Honeywell International Inc. and GE. Each of those stories do come with the addendum which reads, “This story was generated automatically by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Full GE report: http://www.zacks.com/ap/GE.”
In such stories, there are descriptions of individual businesses that contain “forward-looking guidance provided by the companies.” It does seem as though the news cooperative’s customers have been pleased as punch to receive more stories, and such automation has allowed reporters to have more time on their hands to handle the tougher assignments. Not only that, there has been no job cuts resulting from the automated earnings reports. Image courtesy of All Len All.