Would this man just die already
Isn’t he the one that has children, even more horrible than himself, lined up to take over his “legacy” when he kicks the bucket?
Guess we can only hope that they’re incompetent 😓
Or tear each other’s throats out and back stab each other until the legacy is ruined and crumbling.
I’m OK with that 👍
Something funny about ruining his “legacy” — wouldn’t that only be possible by taking his fortune and doing something amazingly altruistic and good with it? 😅
I too have seen Succession.
Can’t wait to hear racist diatribes from the new primetime host Tracker Carlsbot
Tech people: Yeah generative AI is pretty sweet, I think it’ll be a great way to augment our current workforce to increase our productivity. It’s doing some cool stuff now, but give it a few years to mature before fully committing though, let’s make sure it’s rock solid
Business people: Fuck yeah let’s start the laayyyyyooofffffss
(I’m happy to see NewsCorp lose money any day, but I’m just so tired of business people assuming they know how it all works)
It’s the new NFTs and Crypto re: dropping buzzwords to make stock line go up.
I am sending my most evil prayers to Rupert Murdoch and its wretched company. May they adopt AI and lose their fan base.
Maybe it turns out that simply showing their readers a word cloud has the same effect as showing them an inflammatory article.
Conservative TV commentators love dropping buzzwords, dog whistles, and conspiracy theories, to the point of incoherence. Dear god it’s been word clouds all along…
“That momentum is surely gathering pace in the age of generative AI, which we believe presents a remarkable opportunity to create a new stream of revenues, while allowing us to reduce costs across the business” …
News Corp recently reduced staffing costs through widespread redundancies.
AI = profits! Except if you stop paying people a livable wage, they can’t buy your iPhones or your Teslas.
But but but if we pay people a livable wage, we will only make a 300% profit on our Teslas that we sell. And then I will have to wait until next week to add the gold plating to my second hot tub.
🤖 I’m a bot that provides automatic summaries for articles:
Click here to see the summary
Rupert Murdoch’s News Corporation has recorded a steep 75% drop in full-year profit but sees opportunities ahead as it expands the use of cost-saving AI-produced content.
The result was weighed down by lower print and digital advertising at News Corp Australia, a division that includes flagship newspaper, The Australian.
“That momentum is surely gathering pace in the age of generative AI, which we believe presents a remarkable opportunity to create a new stream of revenues, while allowing us to reduce costs across the business,” said News Corp chief executive Robert Thomson.
“We are already in active negotiations to establish a value for our unique content sets and (intellectual property) that will play a crucial role in the future of AI.”
“Our results showed marked improvement in the second half, so with inflation abating, interest rates plateauing and incipient signs of stability in the housing market, we have sound reasons for optimism about the coming quarters,” Thomson said.
A fall in Australian real estate listings, especially in Sydney and Melbourne, dented revenue in News Corp’s property portals.
