Barry Diller, the billionaire media mogul and co-founder of Fox Broadcasting Company, has never been one to shy away from a challenge. So when he learned about the latest threat to the news industry -- ChatGPT, an AI-powered program that can generate highly realistic news articles -- he decided to take action.
Diller believes that ChatGPT poses a serious danger to the integrity of the news, as it can easily be used to spread fake news and disinformation. "We need to make a stand against this technology," he said in a recent interview. "Otherwise, the very concept of trust in the media will be eroded."
Diller's plan to combat ChatGPT is twofold. First, he is investing heavily in a new AI technology called "FactLab," which he believes will be able to identify and debunk fake news generated by ChatGPT and other similar programs. FactLab uses a combination of machine learning and human fact-checkers to determine the veracity of news stories and flag any suspicious content for closer examination.
Second, Diller is launching a new media company called "TruthCo" that will focus exclusively on high-quality, fact-checked journalism. TruthCo will also use FactLab to ensure that all of its articles are accurate and unbiased. "We want to show people that real journalism still exists," Diller said.
Some concrete examples of how FactLab will work include:
"Our goal is to create a news ecosystem that people can trust," Diller said. "We want to show that there is still value in good journalism."
In conclusion, Barry Diller's plan to combat the threat of ChatGPT is a bold and innovative approach to a complex problem. His investment in FactLab and his creation of TruthCo demonstrate his commitment to preserving the integrity of the news industry and providing people with reliable information they can trust. If successful, Diller's plan could serve as a model for other media companies struggling to adapt to the changing landscape of technology and media.
Inside Barry Diller's Plan to Stop ChatGPT From Destroying the News Business - Barron's
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Media/Technology
Akash Mittal
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