In this issue: AI tools and prompts for journalists. A new 340-page trend report. The path to funny and creative LLMs. How Google’s AI Mode answers questions about news and elections. And solving the AI puzzle with SZ Institut’s Dirk von Gehlen.
What we’re talking about: Business Insider plans to lay off 21 percent of its staff. They’re selling this as a strategic response to AI search and the collapse of SEO traffic. Media companies are at a “crossroads” and can’t afford to waste time, writes CEO Barbara Peng in a company memo. The commerce business is supposed to take the biggest hit.
The clearer thematic focus – not just doing whatever because Google was driving traffic anyway – but actually focusing the brand, is supposed to be backed up by live events. That’s how owner Axel Springer wants to position Business Insider for a future where AI platforms control media distribution.
And then there is this: “we are going all-in on AI” to “work faster, smarter, and better.” You can obviously handle both things in one email, sure. But it’s also giving big “we’ll replace you with a chatbot” energy.
Media strategist Katharina Köth calls it “Axel Springer doing Axel Springer things,” to which media consultant David Caswell replies: “air cover from governance & shareholders probably makes the difference between acting on a strategy and meandering along doing business as usual.” Cool, cool.
Less than a year ago, Business Insider’s staff got a very different memo. It was a mail with book recommendations by a senior editor. Except, plot twist, some of the books didn’t exist, hinting at AI generation, reports Semafor.
If this feels like déjà vu, you know about the recent Chicago Sun-Times incident where a ChatGPT generated summer reading list was actually printed, including fake books. Or you might have heard it first at Berlin’s re:publica conference, where AI reporter Clare Spencer and I took stage. (Shameless plug: there is a YouTube recording if you’re into that sort of thing.)
What else is new: