The Associated Press’ new star reporter is a piece of software with a very heavy workload ahead. The AP plans to cover more than 4,000 companies’ financial reports this year instead of its usual 300. The newswire is not planning on overworking its staff to accomplish this goal — it is enlisting the robotic help to cover the additional stories, freeing its human reporters for other assignments. As many publications subscribe to the newswire and publish its content, the robots’ stories have the potential to reach readers all over the world.
Robotic reporters have been previously used in sports reporting to write data-based stories. These robotic reporters already get some use in business journalism, reported Popular Science. Some business publications already use them for stock-related stories. These are commonly quick, short numbers heavy stories that can be written in a very formulaic format.
AP claims that the goal is not to replace the human journalists, but to give them the opportunity to write different stories since the robot will take care of the quarterly report articles. Managing Editor Lou Ferrara said the automated articles would benefit the organization’s journalists in a blog post posted on the AP website.
“Instead, our journalists will focus on reporting and writing stories about what the numbers mean and what gets said in earnings calls on the day of the release, identifying trends and finding exclusive stories we can publish at the time of the earnings reports,” said Ferrara.