Financial Services Embracing AI Writing

Reports in the financial services industry are increasingly being generated by AI writing, according to an article in Inside Big Data.

#ad

Observes writer Neerav Parekh, CEO, vPhrase: “With every area of financial services having to analyze and report some sort of data, NLG (also known as AI-generated writing) can be put to work to automate repetitive, time-consuming workflows and increase the quality, speed and consistency of analytics and reporting.”

The reports generated by AI-generated writing can be used by CIOs, data analysts, portfolio managers and compliance teams to gain an advantage over their competitors, Parekh adds.

He stresses that AI-generated reports pose no job threat to analysts and other staff.

Instead, the auto-reports will free-up workers to engage in other “high value tasks,” according to Parekh.

For an in-depth look on how AI-generated writing is being used to auto-generate business reports, check out “Company Reports That Write Themselves,” by Joe Dysart.

In other AI-generated writing news:

*AI Tools for Journalists: An Overview: AI research firm Emerj offers an in-depth look at AI tools journalists are using to make their jobs easier in this piece.

Observes Emerj: “Whether the newsroom of 2025 will be run mainly by intelligent machines — or will be comprised of AI and human reporters working together — will remain to be seen.

“What is clear for the present is that AI does have a place in the newsroom for helping to save time and money and increase speed and efficiency to help human journalists keep up with the ever-expanding scale of global news media.”

*AI-Generated Writing: A New Opportunity for Copy Editors?: While scores of editors and writers fear AI will steal their jobs, Shane Creevy sees AI-generated writing as an opportunity for copy editors.

He’s head of editorial at Kinzen.

It’s a company that trains machines to detect disinformation – as well as personalize content for readers.

Observes Creevy: “If you’re going to build automated content curation without a sub-editor (copy editor), you’re taking a needless risk.

“Just as editors need better algorithms, algorithms need better editors.”

*AI and PR: An Update: 4th Annual VirtuCon — a virtual event from the Independent Practitioners Alliance — will be featuring a track on “The Future Of AI, PR and Social Media” Oct. 21.

Featured speakers are:

*Martin Waxman, MCM, APR, a digital strategist who teaches social media and digital marketing at a number of institutions.

*Dr. Alex Sevigny, APR, an associate professor of communications management and communications at McMaster University.

*AI and Journalism: A View from Finland: Jarno Koponen, head of AI and personalization at Yle News Lab in Finland, offers his take on the future of AI-driven journalism in this 25-minute podcast.

Insights include:

*Innovations in machine learning and the impact on the news process

*Using technology to make better journalism

*Creating the right culture for better news experiences

*With AI, Limitless Supply of Disinformation Looms: Add Rinee DiResta to the growing list of tech experts worried that AI will be used to inundate the Web with disinformation.

As technical research manager at Stanford Internet Observatory, Diresta has already uncovered steady streams of disinformation polluting the digital world.

Observes Diresta: “We found a sprawling web of nonexistent authors turning Russian-government talking points into thousands of opinion pieces and placing them in sympathetic Western publications.”

Moreover, crowds of fake people were “discussing the same themes on Twitter,” Diresta adds.

Diresta predicts AI-generated text from tools like GPT-3 will help drive a new wave of propaganda on the Web.

She adds: “Tools like this won’t just supercharge global propaganda operations: They will force Internet platforms and average users alike to find new ways of deciding what and whom to trust.”

For an in-depth look at GPT-3, check out: “GPT-3 and AI Writing: Stunning, if Imperfect,” by Joe Dysart.

*GPT-3 Powered Chatbot Spews Fake Posts on Reddit: A chatbot driven by auto-text generator GPT-3 spewed fake posts on discussion site Reddit for a week before being detected, according to MIT Technology Review.

Observes Will Douglas Heaven, a writer for MIT Technology Review: “Under the username /u/thegentlemetre, the bot was interacting with people on /r/AskReddit — a popular forum for general chat with 30 million users.

“It was posting in bursts of roughly once a minute.”

*Google Rolls-Out Free AI Tools for Journalists: Google has released a suite of tools – some driven by AI – to help make journalists’ lives easier.

Dubbed ‘Journalist Studio,’ the suite features existing Google tools already used by journalists — as well as two new ones.

The first new tool, ‘Pinpoint,’ uses AI to quickly scan through a collection of .PDFs, images, handwritten notes and similar files to unearth files featuring specific keywords and keyphrases.

The second new app – still in development and dubbed ‘The Common Knowledge Project’ – is an auto-chartmaker.

Specifically, the tool will enable journalists to create interactive charts drawing on thousands of data points from a database.

*AI Journalism Online Conference Slated for December: JournalismAI will be hosting an online summit focused on the latest developments in AI and journalism, Dec. 7 – 11.

The event promises to be extremely informative, given the groups squiring the gathering – Polis and the Google News Initiative – have deep knowledge of the space.

Last year, Charlie Beckett – a key player in JournalismAI – released the in-depth report, “New powers, New Responsibilities. A global survey of journalism and artificial intelligence.”

Beckett is also director of the Media Policy Project, sponsored by the London School of Economics and Political Science.

Check back at RobotWritersAI.com for more details on the JournalismAI Summit as they become available.

*Study: Kids Who Write-by-Hand Excel in Learning: In an eyebrow-raising finding, a study by a Norwegian researcher found that kids who put pen-to-paper tend to do better in school.

#ad

Audrye van der Meer unearthed the insight after studying the electroencephalograms of kids and young adults as they took notes by hand – or on a keyboard.

She’s a neuroscientist at Norwegian University of Science Technology.

Essentially, defaulting to handwritten notes “gives the brain more ‘hooks’ to hang your memories on,” van der Meer says.

*Special Feature: Company Reports That Write Themselves

Share a Link:  Please consider sharing a link to https://RobotWritersAI.com from your blog, social media post, publication or emails. More links leading to RobotWritersAI.com helps everyone interested in AI-generated writing.

Grammarly
#ad

Joe Dysart is editor of RobotWritersAI.com and a tech journalist with 20+ years experience. His work has appeared in 150+ publications, including The New York Times and the Financial Times of London.

Never Miss An Issue
Join our newsletter to be instantly updated when the latest issue of Robot Writers AI publishes
We respect your privacy. Unsubscribe at any time -- we abhor spam as much as you do.