In an age of information overload, the future of news and its consumption is predicted to change. This podcast by Deutsche Bank provides an insight on five ways the 5G telecommunications network will change the way we consume news. A rise in charitable endeavours from wealthy individuals, i.e. Jeff Bezos, will sponsor the return of regional reporting. The advent of slow journalism will curate the coming of another life cycle of news consumption. Recently the FT reported it’s 1 millionth subscriber proving that people are willing to pay for trusted news. As in other industries, automation is playing a big role as we see the Associated Press enlisting the help of AI to write standard reports. Finally, news bulletins are also making a comeback with Reuters already developing a curated video news bulletin.
Why does this matter? Fake news seems to be an ongoing epidemic in the current Internet era (we also came across a relatedpodcast on the emerging issue of ‘deepfakes’). The change in consumer habits might herald a new age of news production and an opportunity to stamp this out.
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