Speaking at a briefing following a meeting with Croatian Central Bank Governor Boris Vujcic, Bulgarian National Bank (BNB) Governor Dimitar Radev highlighted the significant costs associated with delaying entry into the eurozone
Microsoft is Replacing its Employees With AI Software
Dozens of journalists have been sacked after Microsoft decided to replace them with artificial intelligence software.
Staff who maintain the news homepages on Microsoft’s MSN website and its Edge browser – used by millions of Britons every day – have been told that they will be no longer be required because robots can now do their jobs.
Around 27 individuals employed by PA Media – formerly the Press Association – were told on Thursday that they would lose their jobs in a month’s time after Microsoft decided to stop employing humans to select, edit and curate news articles on its homepages.
Employees were told Microsoft’s decision to end the contract with PA Media was taken at short notice as part of a global shift away from humans in favour of automated updates for news.
One staff member who worked on the team said: “I spend all my time reading about how automation and AI is going to take all our jobs, and here I am – AI has taken my job.”
The individual added that the decision to replace humans with software was risky, as the existing staff were careful to stick to “very strict editorial guidelines” which ensured that users were not presented with violent or inappropriate content when opening their browser, of particular importance for younger users.
The team working on the Microsoft site did not report original stories but still exercised editorial control, selecting stories produced by other news organisations and editing content and headlines where appropriate to fit the format. The articles were then hosted on Microsoft’s website, with the tech company sharing advertising revenue with the original publishers.
Manual curation of news stories also ensured that headlines were clear and appropriate for the format, while encouraging a spread of political opinions and avoiding untrustworthy stories, while highlighting interesting articles from smaller outlets./theguardian.com
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
Bulgaria's commitment to Albania's EU aspirations and bilateral cooperation took center stage during a meeting between Rosen Zhelyazkov, Speaker of the National Assembly of Bulgaria, and Lindita Nikolla, Speaker of the National Assembly of Albania, in Tir
Head of Croatia's Central Bank Visits Bulgaria: The Transition To The Euro Did Not Result In Price Hikes
During his visit to Bulgaria, Croatian Central Bank Governor Boris Vujcic reassured that Croatia's transition to the euro did not result in a significant uptick in prices
Amidst the backdrop of Bulgaria's dynamic real estate landscape, all eyes are on the potential impact of the country's imminent entry into the Eurozone
Eurozone Accession on Horizon: Bulgaria's Finance Minister Optimistic Despite Government Rotation Talks
As Bulgaria sets its sights on joining the Eurozone by 2025, Finance Minister Asen Vassilev remains resolute in his commitment, despite ongoing uncertainties surrounding the government's rotation