Artificial Intelligence Set to Transform News Industry with Job Cuts as Digital Migration Accelerates

Germany’s largest newspaper publisher Axel Springer plans to cut hundreds of jobs as it focuses on digital media and incorporates AI.
Tools like chatbots and automated transcription are already in use, but AI may take over additional roles like layout design and some writing.
While AI could free up journalists to do more analytical work, it also risks producing misleading or false information if not properly regulated.
The job cuts are aimed at roles that can be replaced by AI as Axel Springer transitions to being a solely digital publisher.
Axel Springer warned its employees that major job cuts were coming as the company incorporates AI into its newsrooms.