News consumption has drastically changed in the last decade, with a significant shift towards digital media. The rise of smartphones has made it easy for people to access the news on the go. However, with the sheer volume of information available, it can be overwhelming for readers to keep up with everything. In response to this, news app Artifact, launched by Instagram co-founders Kevin Systrom and Mike Krieger, has introduced AI technology to summarize news articles. This article will discuss how Artifact is using AI technology and its impact on the news industry.
Introduction to Artifact
Artifact is a news app that aims to provide a personalized news experience for its users. It uses AI algorithms to curate news stories based on user interests and preferences. Users can select topics of their interest and Artifact will show them news articles from multiple sources. It also allows users to follow specific publications, journalists, or even keywords.
The app was launched in 2022 and gained popularity due to its unique approach to news curation. In April 2023, Artifact added a new feature that uses OpenAI technology to summarize news articles.
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Artifact's AI Summarization Technology
The new feature in Artifact uses OpenAI's GPT-3 language model to summarize news articles into short bullet points. The AI model analyzes the article's content and summarizes it into concise sentences. Artifact then presents the summary in a variety of formats, including "explain like I'm five" and "in emojis." The summaries are also customizable, allowing users to choose the length and tone of the summary.
The goal of this feature is to help users quickly understand the key points of an article without having to read the entire piece. Artifact claims that this feature saves users time and helps them stay informed about current events.
Impact on the News Industry
The use of AI in news production is not new. Several news organizations have started using AI to write news articles, including VentureBeat. However, Artifact's use of AI to summarize articles is a new approach.
This technology has the potential to change how news articles are consumed. It could lead to shorter articles and more concise writing, as journalists strive to make their articles more summarizable. On the other hand, it could also lead to readers only consuming summaries and missing out on the nuance and depth of the full article.
Furthermore, this technology could impact the way news is monetized. Currently, news organizations make money through ad revenue on their websites. However, with users only reading summaries, they may not visit the publication's website to read the full article, resulting in a loss of revenue.
Artifact's use of AI technology to summarize news articles is an innovative approach to news consumption. The app's personalized news curation combined with the summarization feature could lead to a more efficient and engaging news experience for users. However, it remains to be seen how this technology will impact the news industry and whether it will change the way news is consumed and monetized.
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That's it for this article.
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